Modalyst

New York, United States Founded: 2012 • Age: 14 yrs Acquired By Wix
Dropshipping software is provided for fashion e-commerce retailers.
Annual revenue - Latest available
Total funding $1.3M 3 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Modalyst

Modalyst is a company based in New York (United States) founded in 2012 was acquired by Wix in June 2021. Modalyst has raised $1.3 million across 3 funding rounds from investors including Wix, New York Angels and MassChallenge. Modalyst offers products and services including Dropshipping Platform, Shopify Integration, and Wix Integration. Modalyst operates in a competitive market with competitors including RELEX, Wasoko, Cart.com, Zubale and BigCommerce, among others.

  • Headquarter New York, United States
  • Sectors
    Retail
    Technology Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Modalyst, Inc
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Retail → Fashion & Retail Innovation Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Retail → Retail Technology & Automation Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.3 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
    Wix

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    Wix

    (Jun 15, 2021)

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Products & Services of Modalyst

Modalyst offers a comprehensive portfolio of products and services, including Dropshipping Platform, Shopify Integration, and Wix Integration.

Product name locked
Category locked
Primary

Automates product sourcing and order fulfillment for online stores.

Product name locked
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Enables one-click automation of dropshipping in Shopify stores.

Product name locked
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Facilitates dropshipping setup and product management on Wix platforms.

Funding Insights of Modalyst

Modalyst has successfully raised a total of $1.3M 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.

Investors in Modalyst

Modalyst has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Wix, New York Angels and MassChallenge.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage technology startups are funded by New York Angels network.
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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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Websites are built using Wix's cloud-based drag-and-drop platform.
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Investor details for Modalyst

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  • Investor domains
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Modalyst

Investments
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Investment portfolio details for Modalyst

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Financial Statements - Modalyst

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Detailed financials for Modalyst

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Modalyst Comparisons

Modalyst Primary company
Description
Dropshipping software is provided for fashion e-commerce ret...
Location
New York, United States
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Modalyst

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Competitors of Modalyst

Modalyst 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 RELEX, Wasoko, Cart.com, Zubale and BigCommerce, among others.

Company Name Domain Founded year HQ Location Description
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Unified platform for retail and supply chain planning is offered.
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Online B2B marketplace offering groceries for enterprises
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Software suite solutions are provided for e-commerce businesses.
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Platform offering retail sales enablement and reward software
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SaaS-based software suites for e-commerce operations are provided.
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Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping
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Detailed competitors of Modalyst

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Latest news on Modalyst

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Complete news archive for Modalyst

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Frequently Asked Questions about Modalyst

Modalyst was founded in 2012.

Modalyst is headquartered in New York, United States. It is registered at New York, New York, United States.

Modalyst is a funded company, having raised a total of $1.3M across 3 funding rounds to date.

Modalyst was founded in 2012 and is based in New York, United States. Operations focus on the fashion e-commerce sector through a marketplace platform. Suppliers, vendors, and brands are connected with online retailers. Services include order and inventory management, product reselling, revenue tracking, integration of e-commerce apps and plugins, and automation of product listings. These tools support dropshipping workflows for businesses.

Modalyst's top competitors include RELEX, Global-e and Cart.com.

Modalyst offers Dropshipping Platform, Shopify Integration, and Wix Integration.

Modalyst has 3 investors. Key investors include Wix, New York Angels, and MassChallenge.

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