Modiqo
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Investors
Founders
About
Modiqo is an agentic AI infrastructure startup founded by Chetan Conikee that builds Rote, a local execution layer designed to capture what happens during AI agent runs and convert successfully executed tasks into deterministic, reusable workflows 12. Rote connects AI agents to APIs without requiring server infrastructure, sidecars, or SDKs, cutting token usage by reserving inference for the parts of a task that genuinely require it 12. The $3M pre-seed announced May 28, 2026 was co-led by Heavybit and Seligman Ventures with participation from Irregular Expressions and angel investors 123.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-05-28 | Pre-Seed | $3M | Heavybit, Seligman Ventures | Irregular Expressions 123 |
What Investors Say
“Today’s AI agents are impressive in the demo and unreliable in production.” — Joseph Ruscio, Heavybit, May 2026 1
What Founders Say
“Keeping it working the same as models, APIs and systems evolve is definitely not easy.” — Chetan Conikee, Founder and CEO, Modiqo, May 2026 1
Sources
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SiliconANGLE, “Modiqo raises $3M in pre-seed funding to help AI agents learn by Rote,” May 28, 2026. Accessed June 2026. https://siliconangle.com/2026/05/28/modiqo-raises-3m-pre-seed-funding-help-ai-agents-learn-rote/↩↩↩↩↩↩
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PR Newswire, “Modiqo Raises Pre-Seed Round to Bring Deterministic AI Workflows to Enterprises at a Fraction of the Token Cost,” May 28, 2026. Accessed June 2026. https://www.prnewswire.com/news-releases/modiqo-raises-pre-seed-round-to-bring-deterministic-ai-workflows-to-enterprises-at-a-fraction-of-the-token-cost-302784345.html↩↩↩↩
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The SaaS News, “Modiqo Raises $3M Pre-seed,” May 28, 2026. Accessed June 2026. https://www.thesaasnews.com/news/modiqo-raises-3m-pre-seed/↩↩