| Founded | 2015 |
|---|---|
| Closed | 2022 |
| Country | USA |
| Sector | Proptech |
| Total raised | $70M total (IAC, Norwest Venture Partners) |
| Collapse type | Sudden Collapse |
| Founder | Shanna Tellerman |
Modsy
"The AI interior design startup that raised $70M to democratise professional design — shut down overnight in June 2022 with no warning to employees or customers"
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Modsy was founded in 2015 by Shanna Tellerman, formerly of Autodesk, building a technology-enabled interior design service that used AI and 3D rendering to create photorealistic room visualisations.
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