About Modanisa
Modanisa is a company based in Istanbul (Turkey) founded in 2010. Modanisa has raised $28 million across 7 funding rounds from investors including Goldman Sachs, Re-Pie and EBRD VCIP. Modanisa operates in a competitive market with competitors including Madmext, Butikgez and MyBUTTIK, among others.
- Headquarter Istanbul, Turkey
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$28 M (USD)
in 7 rounds
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Latest Funding Round
$19.5 M (USD), Series C
Jul 06, 2022
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Investors
Goldman Sachs
& 5 more
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Employee Count
Not available
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People of Modanisa
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Sales and Marketing
5 people
Buyer Team
4 people
Software Development Team
4 people
Leadership Team
3 people
Data Analysis and Operations Team
3 people
Human Resources and Administration
2 people
Business Team
1 people
Creative and Marketing Team
1 people
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Funding Insights of Modanisa
Modanisa has successfully raised a total of $28M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $19.5 million completed in July 2022. 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 Modanisa
Modanisa has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, Re-Pie and EBRD VCIP.
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Investment banking services are delivered across multiple financial sectors.
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Early-stage tech investments are made in Europe and Asia.
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Tech & Offline focused VC firm investing in seed & growth stage startups in the US & UAE
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Investor details for Modanisa
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Investments & Acquisitions by Modanisa
Investment portfolio details for Modanisa
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Financial Statements - Modanisa
Detailed financials for Modanisa
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Modanisa Comparisons
Peer comparison for Modanisa
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Competitors of Modanisa
Modanisa 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 Madmext, Butikgez and MyBUTTIK, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform selling clothing and accessories for men and women.
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Hosts a digital marketplace for designer ethnic fashion products.
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Functions as an online marketplace for fashion wear.
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Detailed competitors of Modanisa
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Latest news on Modanisa
Complete news archive for Modanisa
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Frequently Asked Questions about Modanisa
Modanisa was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Modanisa is headquartered in Istanbul, Turkey.
Modanisa is a funded company, having raised a total of $28M across 7 funding rounds to date.
Modanisa was founded in 2010 in Istanbul, Turkey, as an online retailer in the fashion sector. A range of ethnic clothing for women is provided, including hijabs, shawls, sportswear, plus-size options, tops, dresses, ponchos, jackets, and abayas. Accessories such as bags, footwear, jewelry, and cosmetics are also offered. Operations are supported by a mobile application available for Android and iOS devices.
Modanisa has 6 investors. Key investors include Goldman Sachs, Re-Pie, EBRD VCIP, Wamda Capital, and STC Ventures.