About Modavanti
Modavanti is a company based in New York (United States) founded in 2012.. Modavanti has raised $300 thousand across 1 funding round. Modavanti has completed 1 acquisition, including Ethical Ocean. Modavanti offers products and services including Sustainable Clothing Platform, Accessories Marketplace, and Beauty Products Service. Modavanti operates in a competitive market with competitors including Etsy, Zulily, Amazon, Wish Shopping and FabFitfun, among others.
- Headquarter New York, United States
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$300 K (USD)
in 1 rounds
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Latest Funding Round
$300 K (USD), Seed
Jun 01, 2013
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Modavanti
Modavanti offers a comprehensive portfolio of products and services, including Sustainable Clothing Platform, Accessories Marketplace, and Beauty Products Service. 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.
Online service for curated ethical clothing and fashion items.
Platform offering sustainable accessories from responsible brands.
Curated selection of ethical beauty items with transparency focus.
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Funding Insights of Modavanti
Modavanti has successfully raised a total of $300K through 1 strategic funding round. The most recent funding activity was a Seed round of $300 thousand completed in June 2013. 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 Funding
- Total Rounds 1
- Last Round Seed — $300,000
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First Round
First Round
(01 Jun 2013)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2013 | Amount | Seed - Modavanti | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Modavanti
Modavanti has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ethical Ocean. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Eco-friendly fashion products are sold via an online multi-vendor marketplace.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Modavanti
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Modavanti Comparisons
Competitors of Modavanti
Modavanti 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 Etsy, Zulily, Amazon, Wish Shopping and FabFitfun, 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 |
Online marketplace offering multi-category products from independent designers
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| domain | founded_year | HQ Location |
Online shopping platform is operated via flash sales by Zulily.
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| domain | founded_year | HQ Location |
Multi-category products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Online marketplace platform offering multi-category consumer products
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| domain | founded_year | HQ Location |
Online retailer offering subscription-based multi-category products
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| domain | founded_year | HQ Location |
Artist-designed products are sold via an online marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Modavanti
When was Modavanti founded?
Modavanti was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Modavanti located?
Modavanti is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Modavanti a funded company?
Modavanti is a funded company, having raised a total of $300K across 1 funding round to date. The company's 1st funding round was a Seed of $300K, raised on Jun 01, 2013.
What does Modavanti do?
Modavanti was founded in 2012 in New York, United States. Online retailing of sustainable fashion is conducted, with products including apparel, accessories, beauty items, grooming supplies, home decor, and furnishings. Over 100 ethical brands are featured on the platform. Ethical Ocean was acquired in 2013. The Instyle Magazine Best in Digi Award was received in 2014.
Who are the top competitors of Modavanti?
What products or services does Modavanti offer?
Modavanti offers Sustainable Clothing Platform, Accessories Marketplace, and Beauty Products Service.
How many acquisitions has Modavanti made?
Modavanti has made 1 acquisition, including Ethical Ocean.