About Modius Health
Modius Health is a company based in Belfast (United Kingdom) founded in 2017 by Jason McKeown. Modius Health has raised $1.59 million across 1 funding round from investors including Techstart Ventures. The company has 21 employees. Modius Health offers products and services including Modius Sleep. Modius Health operates in a competitive market with competitors including Nitinote Surgical, Standard Bariatrics, CoolSculpting, Zeltiq and Liposonix, among others.
- Headquarter Belfast, United Kingdom
- Employees 21
- Founders Jason McKeown
- SectorsHealthcare
- Email••••••••
- Website modiushealth.com
- Social LinkedIn X Facebook Instagram
- Legal Name Kelco Limited
- Date of Incorporation 10 Sep, 1926
- Jurisdiction WARRINGTON, ENGLAND
- Annual Revenue$626.43 K (USD)-3as on Dec 31, 2020
- Net Profit-$80.19 K (USD)-166as on Dec 31, 2020
- EBITDA-$73 K (USD)35as on Dec 31, 2020
- Total Equity Funding$1.59M (USD)
in 1 rounds
- Latest Funding Round$1.59M (USD), Seed
Oct 2017
- Investors
- Employee Count21
Associated legal entities of Modius Health
Modius Health operates through Kelco Private Limited (dissolved (liquidated)). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kelco Private Limited CIN U74900KL1901PTC001482 | Dissolved (Liquidated) | 01 Jan 1901 | – | – | – | – | View details |
Products & Services of Modius Health
Modius Health offers a comprehensive portfolio of products and services, including Modius Sleep.
FDA-cleared device for treating chronic insomnia via non-invasive methods.
Funding Insights of Modius Health
Modius Health has successfully raised a total of $1.59M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.59 million completed in October 2017. 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 $1.59M
- Total Rounds 1
- Last Round Seed — $1.59M
- First Round $1.59M
(Oct 2017)
- Investors Count 1
All 1 funding rounds of Modius Health with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2017 | $1.59M | Seed | – | Techstart Ventures | – |
1 investors in total: 1 institutional.
Investors in Modius Health
Modius Health has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstart Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are provided by Techstart Ventures. | – | techstart.vc | - |
Investor details for Modius Health
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People of Modius Health
20 people are tracked at Modius Health (5 in leadership, 7 in board & advisors, 8 in team); the tracked headcount is 21.
| Name | Role | Group |
|---|---|---|
Jason McKeown | Founder & CEO | Leadership |
Sinead Watson | Chief Regulatory Officer | Leadership |
Chris McCabe | Chief Technology Officer | Leadership |
Craig McConnell | Head Of Marketing | Leadership |
Iain Hendrick | Chief Project Officer | Leadership |
Tina Liedtky | Board Member | Board & advisors |
Audrey Osborne | Board Observer & Investor | Board & advisors |
Brian Cummings | Board Observer & Investor | Board & advisors |
Gaby Salem | Board Member & Investor | Board & advisors |
Ian Kerr | Chairman & Investor | Board & advisors |
Paul D McGeoch | Co-Founder & Non-Executive Director | Board & advisors |
Kerry Baldwin | Board Member & Investor | Board & advisors |
Adam Simmons | Senior Android Engineer | Team |
Rebecca Armstrong | Clinical & Quality Manager | Team |
Steven George | Software QA Manager | Team |
Richard Barnes | Software QA Analyst | Team |
Rachel Birch | Lead Clinical Researcher | Team |
Jonathan Briggs | Technical Software Engineering Manager | Team |
Shirin Macias | Clinical Trial Coordinator | Team |
Tom Bilyeu | Advisor | Team |
Complete people profiles for Modius Health
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of Modius Health
2 dated milestones of Modius Health, from founding to its latest funding, stage changes and deals.
- Founded Modius Health is founded.
- Funding First funding round of $1.6M.
Competitors of Modius Health
Modius Health 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 Nitinote Surgical, Standard Bariatrics, CoolSculpting, Zeltiq and Liposonix, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nitinotesurgical.com | 2014 | Ramat Gan, Israel | $26.1M | – | Non-surgical bariatric solutions for obesity are developed. | |
| standardbariatrics.com | 2014 | Cincinnati, United States | $35.5M | 34 | Medical devices for obesity surgical treatment are provided. | |
| coolsculpting.com | 2005 | Pleasanton, United States | – | 82 | Non-surgical fat reduction is achieved through controlled-cooling technology. | |
| zeltiq.com | 2005 | Pleasanton, United States | $70.42M | – | Controlled cooling technology is developed for non-surgical fat reduction. | |
| liposonix.com | 1999 | Hayward, United States | $37.94M | 6,139 | Non-surgical and non-invasive treatment to eliminate unwanted fat around waistline | |
| heiaheia.com | 2008 | Helsinki, Finland | $2.07M | – | Gamified physical activity tracking is offered to individuals and employers. | |
| ultrashape.com | 2002 | Irvine, United States | $15M | – | Non-invasive fat cell destruction for body contouring | |
| hevyapp.com | 2019 | Berlin, Germany | – | – | Free app for logging workouts, planning routines, and tracking progress with community features. |
Detailed competitors of Modius Health
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Latest news on Modius Health
Complete news archive for Modius Health
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Modius Health
10 companies that operate in the same segment as Modius Health (Metabolic Diseases), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Satiety induction through digestable gastric balloon introduced via a swallowed capsule | 2009 | Wellesley, Massachusetts, United States | USD 174.04 M | USD 32.11 M | 137 | |
Developer of peptide therapeutics for the treatment of rare genetic deficiencies | 2010 | Boston, Massachusetts, United States | USD 84 M | USD 189.76 M | 283 | |
Developer of small-molecule drugs | 1991 | Los Angeles, California, United States | USD 50 M | USD 348.97 M | 407 | |
Developer of cortisol modulators for the treatment of various diseases | 1998 | Menlo Park, California, United States | – | USD 761.41 M | 500 | |
Developer of therapies for the treatment of endocrine-related diseases and cancers | 2008 | San Diego, California, United States | USD 103.5 M | USD 1.04 M | 437 | |
Targeted therapeutics for cancer, metabolic, and inflammatory diseases are developed. | 2009 | Cambridge, Massachusetts, United States | USD 685 M | – | 81 | |
Developer of small molecule therapeutics for endocrine and CNS disorders | 1992 | San Diego, California, United States | USD 10 M | USD 2.86 B | 1,800 | |
Solutions for biomarker discovery and diagnostic testing are provided. | 2000 | Morrisville, United States | USD 165.87 M | – | – | |
Therapeutics for gastrointestinal, cardio-renal, and metabolic diseases are developed. | 2007 | Fremont, California, United States | USD 61.1 M | USD 407.32 M | 395 | |
Biologics are developed for cardio-metabolic and liver diseases. | 2007 | San Francisco, California, United States | USD 358.87 M | USD 330.53 M | – |
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Frequently Asked Questions about Modius Health
Modius Health was founded in 2017.
Modius Health is headquartered in Belfast, United Kingdom. It is registered at Belfast, Northern Ireland, United Kingdom.
Jason McKeown is the current CEO of Modius Health. They have also founded this company.
Modius Health is a funded company, having raised a total of $1.59M across 1 funding round to date. The company's 1st funding round was a Seed of $1.59M, raised on Oct 2017.
Modius Health has 21 employees.
Annual revenue of Modius Health is $626.43K as on Dec 31, 2020.
Modius Health was founded in 2017 in Belfast, United Kingdom, within the health technology sector. A non-invasive device is developed by the company to reduce body fat through electrical pulses targeting the vestibular system. The device integrates with a mobile app for monitoring session duration and program progress. Operations focus on weight management solutions for users seeking alternative approaches.
Modius Health's top competitors include Nitinote Surgical, CoolSculpting and Standard Bariatrics.
Modius Health offers Modius Sleep.
Modius Health has 1 investor. Key investors include Techstart Ventures.
Modius Health operates through Kelco Private Limited.