About Modo Energy
Modo Energy is a company based in Birmingham (United Kingdom) founded in 2019.. Modo Energy has raised $53.3 million across 4 funding rounds from investors including MMC Ventures, Triple Point Ventures and Fred. Olsen Ltd.. Modo Energy offers products and services including Modo Energy Terminal, Forecasts, Indices, and Podcasts. Modo Energy operates in a competitive market with competitors including ACCURE Battery Intelligence, Irasus Technologies, Voltaiq, Optimal Technologies and Novars, among others.
- Headquarter Birmingham, United Kingdom
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
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- Legal Name Modo Energy Limited
- Date of Incorporation 16 May, 2019
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$53.3 M (USD)
in 4 rounds
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Latest Funding Round
$33.01 M (USD), Series B
Dec 03, 2025
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Investors
MMC Ventures
& 6 more
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Employee Count
Employee Count
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Products & Services of Modo Energy
Modo Energy offers a comprehensive portfolio of products and services, including Modo Energy Terminal, Forecasts, Indices, and Podcasts. 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.
Platform for accessing forecasts and market data for battery storage
Tools for predicting BESS revenues in various energy markets
Metrics for evaluating battery energy storage performance globally
Audio discussions on energy trends and market insights
Funding Insights of Modo Energy
Modo Energy has successfully raised a total of $53.3M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $33.01 million completed in December 2025. 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 Series B — $33.0M
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First Round
First Round
(19 Apr 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series B - Modo Energy | Valuation | Molten Ventures | |
| Nov, 2023 | Amount | Series A - Modo Energy | Valuation | MMC Ventures | |
| Jun, 2022 | Amount | Seed - Modo Energy | Valuation | Fred. Olsen |
| 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 Modo Energy
Modo Energy has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include MMC Ventures, Triple Point Ventures and Fred. Olsen Ltd.. 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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Seed and series-A investments are made in technology companies.
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Founded Year | Domain | Location | |
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Venture capital fund focused on deep tech, consumer tech, health tech, SaaS, and multiple sectors
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Founded Year | Domain | Location | |
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Early-stage investments in tech and energy sectors are targeted.
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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 Modo Energy
| 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 - Modo Energy
| 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 |
Modo Energy Comparisons
Competitors of Modo Energy
Modo Energy 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 ACCURE Battery Intelligence, Irasus Technologies, Voltaiq, Optimal Technologies and Novars, 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 |
Provider of a software company that provides predictive battery analytics solutions to optimize the performance and safety of battery systems in energy storage, electric vehicles, and other industries
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| domain | founded_year | HQ Location |
AI-driven battery analytics for electric mobility and storage are provided.
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| domain | founded_year | HQ Location |
Battery data management SaaS platform is provided for analytics.
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| domain | founded_year | HQ Location |
Software and hardware for utility network analysis are provided.
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| domain | founded_year | HQ Location |
IoT-based consulting and services for businesses are provided.
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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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Latest news on Modo Energy
Frequently Asked Questions about Modo Energy
When was Modo Energy founded?
Modo Energy was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Modo Energy located?
Modo Energy is headquartered in Birmingham, United Kingdom. It is registered at Birmingham, England, United Kingdom.
Is Modo Energy a funded company?
Modo Energy is a funded company, having raised a total of $53.3M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3.9M, raised on Apr 19, 2021.
What does Modo Energy do?
Modo Energy was founded in 2019 in Birmingham, United Kingdom, within the renewable energy sector. A digital platform is maintained for analysts in battery energy storage, where detailed price forecasts, revenue benchmarking, in-depth research reports, and educational resources are delivered. Operations focus on supporting data-driven evaluations of energy assets across global markets, with tools designed for professional use in asset management and investment.
Who are the top competitors of Modo Energy?
Modo Energy's top competitors include ACCURE Battery Intelligence, Irasus Technologies and Voltaiq.
What products or services does Modo Energy offer?
Modo Energy offers Modo Energy Terminal, Forecasts, Indices, and Podcasts.
Who are Modo Energy's investors?
Modo Energy has 7 investors. Key investors include MMC Ventures, Triple Point Ventures, Fred. Olsen Ltd., Catalyst Capital, and Michael Liebreich.