About Modapl
Modapl is a company based in Seoul (South Korea) founded in 2023 by Danny Seungdae Kim. Modapl has raised $3.24 million across 1 funding round from investors including Samsung Fire and Marine Insurance and Schmidt. Modapl operates in a competitive market with competitors including Otonomo, AlgoDriven, AMO Foundation, Hi-Park Solutions and Dealix, among others.
- Headquarter Seoul, South Korea
- Founders Danny Seungdae Kim
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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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
$3.24 M (USD)
in 1 rounds
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Latest Funding Round
$3.24 M (USD), Seed
Feb 23, 2024
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Investors
Samsung Fire and Marine Insurance
& 1 more
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Employee Count
Not available
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Funding Insights of Modapl
Modapl has successfully raised a total of $3.24M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.24 million completed in February 2024. 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 Modapl
Modapl has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Samsung Fire and Marine Insurance and Schmidt.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are invested in by Schmidt venture capital fund.
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Insurance services for automobiles, long-term, and commercial needs are offered.
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Investor details for Modapl
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Investments & Acquisitions by Modapl
Investment portfolio details for Modapl
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Financial Statements - Modapl
Detailed financials for Modapl
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Modapl Comparisons
Peer comparison for Modapl
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of Modapl
Modapl 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 Otonomo, AlgoDriven, AMO Foundation, Hi-Park Solutions and Dealix, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform offering a data marketplace for the automotive sector
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Data management solutions are delivered via SaaS for automotive commerce.
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Connected car data is collected, stored, and exchanged via blockchain.
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Real-time parking navigation app for drivers using AI and community data.
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Digital advertising and sales leads are supplied to auto dealerships.
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Detailed competitors of Modapl
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Modapl
Complete news archive for Modapl
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Frequently Asked Questions about Modapl
Modapl was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Modapl is headquartered in Seoul, South Korea.
Hangjip Choi is the current CEO of Modapl.
Modapl is a funded company, having raised a total of $3.24M across 1 funding round to date.
Modapl was founded in 2023 in Seoul, South Korea, as a smart mobility platform. Data generated by cars, vehicle IoT devices, and smartphones is collected and transferred through the platform. Operations focus on the mobility sector, enabling data handling for connected transportation systems. The company is led by co-founder Danny Seungdae Kim and CEO Hangjip Choi, with activities centered in South Korea.
Modapl's top competitors include Otonomo, AlgoDriven and Statistical Surveys.
Modapl has 2 investors. Key investors include Samsung Fire and Marine Insurance, and Schmidt.