Modular Devices

Indianapolis, United States Founded: 1987 • Age: 39 yrs Acquired By O2 Investment Partners
Mobile and modular cath and vascular labs are developed.

About Modular Devices

Modular Devices is a company based in Indianapolis (United States) founded in 1987 by Bob Mink was acquired by O2 Investment Partners in January 2022.. Modular Devices has completed 4 acquisitions, including Cardiac Services Mobile, Flow Cleanrooms and Interim Diagnostic Imaging.

  • Headquarter Indianapolis, United States
  • Founders Bob Mink
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Modular Devices
Operational Areas
Healthcare → Medical Devices & Diagnostics
Key Metrics
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People of Modular Devices
Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Anthony Browne
Chief Financial Officer
People
Mike Lehnen
VP of Operations
People
Greg Mink
CEO
People
David Frank
Chief Commercial Officer

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Funding Insights of Modular Devices

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 Modular Devices

Modular Devices has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include O2 Investment Partners. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity fund focused on multiple sectors
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 Modular Devices

Modular Devices has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Cardiac Services Mobile, Flow Cleanrooms and Interim Diagnostic Imaging. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Furniture and equipment for cleanrooms are supplied by the company.
2018
Diagnostic imaging services are offered at a standalone radiology center.
2003
Mobile cath lab rentals are provided nationwide for cardiac procedures.
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Modular Devices

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Modular Devices Comparisons

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Competitors of Modular Devices

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 Modular Devices

Frequently Asked Questions about Modular Devices

When was Modular Devices founded?

Modular Devices was founded in 1987.

Where is Modular Devices located?

Modular Devices is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.

What does Modular Devices do?

Modular Devices was founded in 1987 by Bob Mink in Indianapolis, United States. The company operates in the medical device sector, focusing on the development of mobile and modular laboratories for catheterization and vascular procedures. These labs are designed to support diagnostic and treatment services in flexible, transportable formats. Operations are centered in the United States, with emphasis on specialized healthcare infrastructure solutions.

How many acquisitions has Modular Devices made?

Modular Devices has made 4 acquisitions, including Cardiac Services Mobile, Flow Cleanrooms, and Interim Diagnostic Imaging.

Who are Modular Devices's investors?

Modular Devices has 1 investor. Key investors include O2 Investment Partners.

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