About
Modulus Labs builds zero-knowledge proofs for on-chain AI verification (zkML). SF-based, founded 2021. Raised $6.3M seed from Variant, 1kx, Bankless. Angels include Ethereum Foundation, Worldcoin, Polygon, Solana, Microsoft. Acquired by Tools for Humanity (Dec 2024) to boost ZK-AI cryptography research. Open-sourced codebase with Modulus API. Enables trustless verification of AI model execution on blockchain.
Key Facts
- [1]Funding: Total funding: $6M. Last round: Nov 2023. Stage: Seed.
- [2]Employees: Employee count: 1-10.
- [3]Company Type: Token company (token-based project).
- [4]Web3: Web3 and blockchain technology company. Token-based project.
- [5]Website: Official website: moduluslabs.xyz.
- [6]AI Technology: Core AI/ML technologies: Infrastructure.
- [7]Region: Region: Americas (United States).
Founders
Ryan Cao
Co-founder
Daniel Kang
Co-founder
AI Technology
Infrastructure
AI/ML infrastructure, compute networks, and tooling
Classification
Market Segments
Tech Stack Layers
Details
Related Companies
View all in Risk & Compliance
Feedzai
AI-native fraud and financial crime prevention platform for major banks
Sardine
AI risk platform for fraud, credit, and compliance
Hawk AI
AI-powered AML and fraud detection for banks and fintechs
Resistant AI
AI models for document fraud and financial crime prevention
Flagright
AI-native transaction monitoring and AML compliance
Tookitaki
AI with community-driven intelligence for AML and fraud
Other Seed Companies
View all
Frequently Asked Questions
What is Modulus Labs?
Modulus Labs builds zero-knowledge proofs for on-chain AI verification (zkML). SF-based, founded 2021. Raised $6.3M seed from Variant, 1kx, Bankless. Angels include Ethereum Foundation, Worldcoin, Polygon, Solana, Microsoft. Acquired by Tools for Humanity (Dec 2024) to boost ZK-AI cryptography research. Open-sourced codebase with Modulus API. Enables trustless verification of AI model execution on blockchain. Modulus Labs is classified in the Risk & Compliance segment at the Models layer of the financial AI stack.
Who founded Modulus Labs?
Modulus Labs was founded by Ryan Cao (Co-founder) and Daniel Kang (Co-founder).
How much funding has Modulus Labs raised?
Modulus Labs has raised $6M in total funding, placing the company at the Seed stage. The most recent round closed in Nov 2023. Among 74 funded Risk & Compliance companies, Modulus Labs ranks #67 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Modulus Labs use?
Modulus Labs primarily leverages Infrastructure technology. AI/ML infrastructure, compute networks, and tooling. Within the Risk & Compliance segment, 6 companies use this technology.
What market segment does Modulus Labs operate in?
Modulus Labs operates in the Risk & Compliance market segment. AI risk and compliance companies protect financial institutions from fraud, money laundering, identity theft, and regulatory violations. This is one of the largest and most critical segments in the AI finance landscape, as the cost of financial crime and non-compliance runs into the hundreds of billions annually.
Who are Modulus Labs's competitors?
Companies similar to Modulus Labs in the Risk & Compliance space include Feedzai ($431M raised), Sardine ($170M raised), Hawk AI ($83M raised), Resistant AI ($55M raised), Flagright ($8M raised). These companies operate in related areas of financial AI: Feedzai focuses on ai-native fraud and financial crime prevention platform for major banks. Sardine focuses on ai risk platform for fraud, credit, and compliance. Hawk AI focuses on ai-powered aml and fraud detection for banks and fintechs. (Based on AIFI Map classification data.)
What products does Modulus Labs offer?
Modulus Labs builds models-layer solutions for the financial services industry. The company's core offering: Zero-knowledge ML for DeFi. The platform is powered by Infrastructure technology.
Is Modulus Labs publicly traded?
Modulus Labs operates as a token-based project rather than a traditional equity-backed company. It is a Web3-native platform leveraging blockchain and decentralized finance.
Does Modulus Labs use Web3 or blockchain technology?
Yes, Modulus Labs incorporates Web3 and blockchain technology. Zero-knowledge ML for DeFi. The project operates as a token-based platform. While not solely a crypto company, Modulus Labs leverages blockchain alongside its primary focus in risk & compliance.