About Modo
Modo is a company based in Vancouver (Canada) founded in 1997. It operates as a Pay-per-Use / Usage-Based, and Mobility-as-a-Service. Modo offers products and services including Carsharing Service and Carsharing Software. Modo operates in a competitive market with competitors including Avis, Communauto, Evo Car Share, Carre Mobility and On Demand Car, among others.
- Headquarter Vancouver, Canada
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Modo Co-Operative
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Annual Revenue
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Latest Funding Round
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Products & Services of Modo
Modo offers a comprehensive portfolio of products and services, including Carsharing Service and Carsharing Software. 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.
Carsharing service is provided for various trip needs.
Software for carsharing is offered to other operators.
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Funding Insights of Modo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Modo
| 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
| 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 Comparisons
Competitors of Modo
Modo 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 Avis, Communauto, Evo Car Share, Carre Mobility and On Demand Car, 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 |
Online platform offering car rental services
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| domain | founded_year | HQ Location |
Electric car-sharing services are facilitated through a mobile application.
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| domain | founded_year | HQ Location |
Provides app-based car rentals with flexible pricing in urban areas.
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| domain | founded_year | HQ Location |
Multi-category self-driven vehicle rentals and car-pooling are provided online.
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| domain | founded_year | HQ Location |
Provides an app-based platform for renting self-drive cars, offering flexible transportation solutions.
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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 Modo
Frequently Asked Questions about Modo
When was Modo founded?
Modo was founded in 1997.
Where is Modo located?
Modo is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
What does Modo do?
Carsharing solutions are offered by Modo, a co-operative based in Canada, focusing on shared mobility for individuals and communities. Various vehicle types are made available for daily drives, family trips, and large item deliveries. Additionally, proprietary carsharing software is provided to other operators to support the growth of the carshare movement. Operations are conducted with a commitment to reducing environmental harm caused by vehicle use, aligning with the co-ops purpose. Services are extended across multiple cities in British Columbia, catering to diverse transportation needs.
Who are the top competitors of Modo?
Modo's top competitors include Avis, Communauto and Carre Mobility.
What products or services does Modo offer?
Modo offers Carsharing Service and Carsharing Software.
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