Modus Audit, Inc.

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Modus Audit, Inc. - overview

Established

2025

Location

New York, NY, US

Primary Industry

Financial Services

About

Modus Audit, Inc. is a technology-driven firm based in the US, specializing in automating audit processes for accounting firms, enhancing their operational efficiency and client relationships through innovative solutions. Founded in 2025 by Arush Jain, Vinay Kasat, and Pranav Pillai, Modus Audit, Inc. is located in New York, US, and focuses on transforming audit workflows for accounting firms.


Arush Jain is the current CEO. In April 2026, Modus Audit, Inc. raised USD 80 million in series A funding led by returning investor Lightspeed Venture Partners, with participation from returning investor Comma Capital and an individual investor. The round was part of a larger USD 85 million seed and series A funding.


Modus offers a comprehensive suite of products and services designed to support accounting firms in navigating a rapidly changing business landscape. Central to their offerings is an AI-driven platform that automates time-intensive tasks, enabling firms to enhance operational efficiency and focus on building client relationships. Modus integrates disparate systems such as CCH, Suralink, and Monday. com into a unified hub, empowering firms to streamline workflows and improve data accuracy.


The platform functions through the use of intelligent scheduling and data cleaning agents, which convert messy client files into structured financial data, thereby optimizing utilization and facilitating earlier project completion. Modus primarily serves ambitious accounting firms across the United States, aiming to enhance their service delivery and operational capacity while upholding their legacy. Modus generates revenue through structured partnerships with accounting firms, providing them access to essential resources such as capital, technology, and back-office support. The firm's model involves embedding engineers within partner teams to develop custom solutions tailored to each firm's unique methodologies, which is integral to their value proposition.


Revenue stems from subscription-based services or performance-based agreements linked to productivity improvements and growth metrics. Modus's offerings are particularly designed for firms looking to scale, with a revenue structure that rewards both parties based on achieved efficiencies and increased client service quality. Transactions reflect ongoing support and enhancements, solidifying Modus's role as a critical partner in the growth journey of the firms it collaborates with. In April 2026, Modus raised USD 5.


00 mn in Seed funding led by Lightspeed Venture Partners. This funding will be utilized to build and expand its AI-based audit technology and to invest in and partner with audit-first accounting firms to modernize audit workflows. Modus has plans to introduce new features and products that align with its technological advancements, further enhancing its offerings for accounting firms. The company seeks to expand its geographic presence, targeting additional markets across the US and possibly exploring opportunities internationally, focusing on regions that show high demand for modernization in audit practices.


Current Investors

Lightspeed Venture Partners, Comma Capital

Primary Industry

Financial Services

Sub Industries

Accounting Services, Operating Systems (OS), Application Integration Software, Analytics & Performance Software, Accounting/Finance Software

Website

www.modusalliance.com

Verticals

Artificial Intelligence, Cloud Computing, FinTech

Company Stage

Series A

Total Amount Raised

Subscriber access only

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