Weekly Funding

MOD Super Fast Pizza, $160 million, private equity, Ally Svenson, Co-Founder and Director
Bellevue-based fast casual pizza brand. Led by private-equity investment firm Clayton, Dubilier & Rice. The investment will continue to fuel MOD’s growth plans and expansion to reach 1000 locations in the next five years. Including this round, MOD has raised $335 million to date. (Website, Crunchbase)

Notable:

“Consumers are leaning in to brands that are more relevant, that are delivering a product and an experience that’s more in keeping with what they’re looking for today, “ said Scott Svenson, CEO.

Svenson also points to the chain’s commitment to social impact as crucial to its success. MOD recruits workers who might otherwise struggle to find employment, including people who were previously incarcerated. Perks such as higher pay, free meals, and a fund that employees can access during emergency situations help build culture and reduce turnover, Svenson says. (Business Insider)

Modsy, $37 million, Series C, Shanna Tellerman, Co-Founder and CEO
San Francisco-based ecommerce company that creates 3D renderings of customized rooms and allows customers to purchases recommended products. Round led by TCV, bringing Modsy’s total funding to $71 million. (Website, Crunchbase)

Soda Says, $2.5 million, Seed, Grace Gould, Founder & CEO
London-based online marketplace for lifestyle tech products (go-to-market focus on sex tech). Investors include LocalGlobe. (Website, Crunchbase)

Talkspace, $50 million, Series D, Roni Frank, Co-Founder
New York-based provider of therapy via a subscription-based online platform. Round led by Revolution Growth. The New York company’s model involves connecting users with a network of over 5,000 licensed therapists through a web and mobile platform. (Website, Crunchbase)

Underwire