Modal

Founded: 1995 • Age: 31 yrs Acquired By XP
Investment bank
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About Modal

Founded in 1995, Modal operates as an investment bank in Brazil, focusing on corporate banking and investment services. Financial advisory, debt and equity capital markets, and merger and acquisition support are offered. Trading in currency exchange products, derivatives, securities, brokerage, and funding is conducted. Debentures, equity investment funds, FIDCs, and asset products are provided, alongside minority investments in oil and gas supply chain companies through private equity funds.

  • Stage Public
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Private Capital & Alternative Investments
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    XP

    (Jan 07, 2022)

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People of Modal
Headcount 200-500
Employee Profiles 4
Employee Profiles
People
Carlos Eduardo
Engenheiro De Dados
People
Conrado Pontes
Non Executive Partner

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Funding Insights of Modal

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 Modal

Modal has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include XP Inc.. 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
Institutional
Investor Description Founded Year Domain Location
Investment consulting services are provided to clients by XP.
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 Modal

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

Financial Statements - Modal

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

Modal Comparisons

Employees
+
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Competitors of Modal

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 Modal

Frequently Asked Questions about Modal

When was Modal founded?

Modal was founded in 1995.

Who is the current CEO of Modal?

Cristiano Ayres is the current CEO of Modal.

What does Modal do?

Founded in 1995, Modal operates as an investment bank in Brazil, focusing on corporate banking and investment services. Financial advisory, debt and equity capital markets, and merger and acquisition support are offered. Trading in currency exchange products, derivatives, securities, brokerage, and funding is conducted. Debentures, equity investment funds, FIDCs, and asset products are provided, alongside minority investments in oil and gas supply chain companies through private equity funds.

Who are Modal's investors?

Modal has 1 investor. Key investors include XP Inc..

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