Moda Midstream

Houston, United States Founded: 2015 • Age: 11 yrs Acquired By Enbridge
Liquids terminaling and logistics solutions are provided for energy needs.
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About Moda Midstream

Moda Midstream is a company based in Houston (United States) founded in 2015 was acquired by Enbridge in September 2021. It operates as a Managed Services. Moda Midstream has raised $750 million across 3 funding rounds from investors including Enbridge and EnCap Flatrock Midstream. Moda Midstream has completed 1 acquisition, including Inglesideenergycenter.com. Moda Midstream offers products and services including Liquids Terminaling and Logistics. Moda Midstream operates in a competitive market with competitors including ENEOS Group, BW Group, Bahri, Diamond Shipping and ASCO Group, among others.

  • Headquarter Houston, United States
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $750 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
    Enbridge

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Enbridge

    (Sep 07, 2021)

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Products & Services of Moda Midstream

Moda Midstream offers a comprehensive portfolio of products and services, including Liquids Terminaling and Logistics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Liquids terminaling services are provided for storage needs.

Transportation logistics solutions are offered for efficient delivery.

People of Moda Midstream
Headcount 50-200
Employee Profiles 3
Board Members and Advisors 6
Employee Profiles
People
Jon Ackerman
CEO & Co-Founder
People
Troy Dodson
Pipeline Manager
People
Shawn Murrell
DCS Operator

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Board Members and Advisors
people
William R. Lemmons Jr.
Board Member
people
Bo Mccall
Chairman & Co-Founder
people
Javier Del Olmo B.
Founder And Board Member
people
Matthew R. Melton
Board Member

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Funding Insights of Moda Midstream

Moda Midstream has successfully raised a total of $750M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round
  • First Round

    (17 Mar 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2024 Amount Seed - Moda Midstream Valuation

investors

Apr, 2021 Amount Debt – Conventional - Moda Midstream Valuation

investors

Mar, 2015 Amount Private Equity Round - Moda Midstream Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Moda Midstream

Moda Midstream has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Enbridge and EnCap Flatrock Midstream. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are made in midstream management teams.
Founded Year Domain Location
Liquid storage, transportation, and distribution services are provided globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Moda Midstream

Moda Midstream has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Inglesideenergycenter.com. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Operator of oil and gas storage terminal
2004
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Moda Midstream

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Moda Midstream Comparisons

Employees
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Add Comparison
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Competitors of Moda Midstream

Moda Midstream operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ENEOS Group, BW Group, Bahri, Diamond Shipping and ASCO Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of oil & gas refining, transporting and other services
domain founded_year HQ Location
Offshore transportation of crude oil and natural gas is managed.
domain founded_year HQ Location
Pipeline-based oil transportation and ship management services are provided.
domain founded_year HQ Location
Oil and gas products are shipped globally by Diamond Shipping.
domain founded_year HQ Location
Oilfield personnel, logistics, supply, training, and waste services are provided.
domain founded_year HQ Location
Crude oil is transported globally via a dedicated tanker fleet.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Moda Midstream

Frequently Asked Questions about Moda Midstream

When was Moda Midstream founded?

Moda Midstream was founded in 2015.

Where is Moda Midstream located?

Moda Midstream is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Is Moda Midstream a funded company?

Moda Midstream is a funded company, having raised a total of $750M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $750M, raised on Mar 17, 2015.

What does Moda Midstream do?

Moda Midstream is engaged in providing independent midstream solutions, specializing in the acquisition and development of last-mile storage and transportation infrastructure. Emphasis is placed on deep-water capabilities to support critical logistics needs. The company operates within the energy sector, delivering reliable services for liquids terminaling and transportation. Financial backing is provided by EnCap Flatrock Midstream, and operations are managed by a team of experienced industry professionals with a history of success in infrastructure development.

Who are the top competitors of Moda Midstream?

Moda Midstream's top competitors include Bahri, BW Group and ENEOS Group.

What products or services does Moda Midstream offer?

Moda Midstream offers Liquids Terminaling and Logistics.

How many acquisitions has Moda Midstream made?

Moda Midstream has made 1 acquisition, including Inglesideenergycenter.com.

Who are Moda Midstream's investors?

Moda Midstream has 2 investors. Key investors include Enbridge, and EnCap Flatrock Midstream.

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