About Modernize
Modernize is a company based in Austin (United States) founded in 2008 was acquired by QuinStreet in July 2020.. The company has 138 employees as of December 31, 2022. Modernize operates in a competitive market with competitors including Clark Pest Control, Tundraland, Renuity, AdvantaClean and United Structural Systems, among others.
- Headquarter Austin, United States
- Employees 138 as on 31 Dec, 2022
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Modernize, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
138
as on Dec 31, 2022
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Acquired by
QuinStreet
(Jul 14, 2020)
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Funding Insights of Modernize
| 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 |
Investors in Modernize
Modernize has secured backing from 1 investor. Prominent investors backing the company include QuinStreet. 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 |
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Personal loans, credit cards, and savings products are compared online.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Modernize
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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 |
Financial Statements - Modernize
| 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 |
Modernize Comparisons
Competitors of Modernize
Modernize 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 Clark Pest Control, Tundraland, Renuity, AdvantaClean and United Structural Systems, 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 |
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| domain | founded_year | HQ Location |
Residential pest control and lawn care services are provided.
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| domain | founded_year | HQ Location |
Renovation services for bathrooms, sunrooms, decks, and closets are offered.
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| domain | founded_year | HQ Location |
Wall coatings and roof services are provided nationwide.
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| domain | founded_year | HQ Location |
Water damage, mold, and air duct cleaning services are provided.
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| domain | founded_year | HQ Location |
Waterproofing and concrete repair services are provided.
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| domain | founded_year | HQ Location |
Provider of home restoration & cleaning services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Modernize
Frequently Asked Questions about Modernize
When was Modernize founded?
Modernize was founded in 2008.
Where is Modernize located?
Modernize is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
How many employees does Modernize have?
As of Dec 31, 2022, the latest employee count at Modernize is 138.
What does Modernize do?
Modernize was founded in 2008 and operates from Austin, Texas, in the home improvement sector. Services are offered in solar panel installations, window replacements, roofing repairs and installations, and HVAC maintenance. Homeowners book appointments via phone calls. Over 1.3 million US homeowners were served in 2015. In 2016, ModSun, a residential solar cost estimator, was launched on the company website.
Who are the top competitors of Modernize?
Modernize's top competitors include Tundraland, Renuity and AdvantaClean.
Who are Modernize's investors?
Modernize has 1 investor. Key investors include QuinStreet.
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