About Modern Democracy
Modern Democracy is a company based in Belfast (United Kingdom) founded in 2014 by Siobhan Donaghy.. Modern Democracy has raised $818.39 thousand across 4 funding rounds from investors including European Union, HBAN and Crescent Capital. The company has 18 employees as of June 30, 2021. Modern Democracy offers products and services including Modern Polling, Real-time Analytics, and Voter ID Verification. Modern Democracy operates in a competitive market with competitors including Scytl, Voatz, Hart InterCivic, Dominion Voting and Knowink, among others.
- Headquarter Belfast, United Kingdom
- Employees 18 as on 30 Jun, 2021
- Founders Siobhan Donaghy
-
Sectors
Government & Social Sector
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Modern Democracy Limited
- Date of Incorporation 27 Mar, 2014
- Jurisdiction LONDONDERRY, NORTHERN IRELAND
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$818.39 K (USD)
in 4 rounds
-
Latest Funding Round
$818.39 K (USD), Seed
Aug 30, 2022
-
Investors
European Union
& 2 more
-
Employee Count
18
as on Jun 30, 2021
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Modern Democracy
Modern Democracy offers a comprehensive portfolio of products and services, including Modern Polling, Real-time Analytics, and Voter ID Verification. 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.
Cloud-based software for managing election operations and voter verification
Provides instant reporting to enhance election oversight and accuracy
Enables fast and secure voter check-in processes during elections
Funding Insights of Modern Democracy
Modern Democracy has successfully raised a total of $818.39K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $818.39 thousand completed in August 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Seed — $818,391
-
First Round
First Round
(10 Jan 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Seed - Modern Democracy | Valuation | Halo Business Angel Network , Crescent Capital |
|
| Dec, 2018 | Amount | Seed - Modern Democracy | Valuation | Crescent Capital |
|
| Oct, 2017 | Amount | Grant - Modern Democracy | Valuation |
investors |
| 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 Modern Democracy
Modern Democracy has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, HBAN and Crescent Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
A platform connecting angel investors to startups in Ireland.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
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 Modern Democracy
| 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 - Modern Democracy
| 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 |
Modern Democracy Comparisons
Competitors of Modern Democracy
Modern Democracy 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 Scytl, Voatz, Hart InterCivic, Dominion Voting and Knowink, 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 |
End-to-end election management and governance solutions are provided.
|
|
| domain | founded_year | HQ Location |
Blockchain is employed for secure mobile election voting.
|
|
| domain | founded_year | HQ Location |
Election management software and voting systems are supplied to governments.
|
|
| domain | founded_year | HQ Location |
Election management software is provided for secure voting processes.
|
|
| domain | founded_year | HQ Location |
Election management software suite is provided for polling and tracking.
|
|
| domain | founded_year | HQ Location |
Web-based election management software is provided for administrators and volunteers.
|
| 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 Modern Democracy
Frequently Asked Questions about Modern Democracy
When was Modern Democracy founded?
Modern Democracy was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Modern Democracy located?
Modern Democracy is headquartered in Belfast, United Kingdom. It is registered at Belfast, Northern Ireland, United Kingdom.
Who is the current CEO of Modern Democracy?
Siobhan Donaghy is the current CEO of Modern Democracy. They have also founded this company.
Is Modern Democracy a funded company?
Modern Democracy is a funded company, having raised a total of $818.39K across 4 funding rounds to date. The company's 1st funding round was a Grant of $252.02K, raised on Jan 10, 2017.
How many employees does Modern Democracy have?
As of Jun 30, 2021, the latest employee count at Modern Democracy is 18.
What does Modern Democracy do?
Modern Democracy was founded in 2014 and is based in Belfast, United Kingdom. The company operates in the election technology sector, offering software solutions such as Results Manager, Poll Manager, Count Manager, Voter Information, Canvass Manager, Postal Vote Manager, and Register Manager. Consultants with experience and technology experts are also provided. A subscription-based pricing model is utilized for services.
Who are the top competitors of Modern Democracy?
Modern Democracy's top competitors include Scytl, SAG Infotech and Voatz.
What products or services does Modern Democracy offer?
Modern Democracy offers Modern Polling, Real-time Analytics, and Voter ID Verification.
Who are Modern Democracy's investors?
Modern Democracy has 3 investors. Key investors include European Union, HBAN, and Crescent Capital.