Modular Medical

San Diego, United States Founded: 2017 • Age: 9 yrs
Insulin pumps are developed for continuous delivery to diabetic patients.
Annual revenue - Latest available
Total funding $5.3M 2 rounds
Employees 36 Tracked headcount
Investors - Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Modular Medical

Modular Medical is a company based in San Diego (United States) founded in 2017. It operates as a HealthTech. Modular Medical has raised $5.28 million across 2 funding rounds. The company has 36 employees as of December 31, 2022. Modular Medical offers products and services including MODD1. Modular Medical operates in a competitive market with competitors including Tandem Diabetes, Kaleido, LenoMed, Asante Solutions and Sooil Development, among others.

  • Headquarter San Diego, United States
  • Employees 36 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Modular Medical, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$17.47 M (USD)
    0
    as on Mar 31, 2024
  • EBITDA
    Not available
  • Total Equity Funding
    $5.28 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.1 M (USD), Series A

    Feb 22, 2021

  • Investors
    Not available
  • Employee Count
    36

    as on Dec 31, 2022

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Products & Services of Modular Medical

Modular Medical offers a comprehensive portfolio of products and services, including MODD1.

Product name locked
Category locked
Primary

MODD1 is designed for simplified insulin delivery management.

People of Modular Medical

Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Harry Heald
Supply Chain Manager
People
Paul Diperna
President
People
Michael Mulvey
Mechanical Engineer
People
Jeff Marquez
Production Manager

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Funding Insights of Modular Medical

Modular Medical has successfully raised a total of $5.28M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.1 million completed in February 2021. 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.

Investments & Acquisitions by Modular Medical

Investments
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Investment portfolio details for Modular Medical

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Financial Statements - Modular Medical

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Detailed financials for Modular Medical

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Modular Medical Comparisons

Modular Medical Primary company
Description
Insulin pumps are developed for continuous delivery to diabe...
Location
San Diego, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
-$17.47 M (USD)
EBITDA
Not available
Employees
36
As of 2022
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Peer comparison for Modular Medical

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Competitors of Modular Medical

Modular Medical 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 Tandem Diabetes, Kaleido, LenoMed, Asante Solutions and Sooil Development, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Developer of devices for continuous glucose monitoring and manual insulin delivery
Locked Locked Locked
Insulin pumps and monitoring software for diabetes are developed.
Locked Locked Locked
Developer of closed loop insulin delivery devices
Locked Locked Locked
Insulin pump systems are developed and customized by Asante Solutions.
Locked Locked Locked
Develops insulin pumps and apps for diabetes care and blood sugar monitoring.
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Detailed competitors of Modular Medical

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Latest news on Modular Medical

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Complete news archive for Modular Medical

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Frequently Asked Questions about Modular Medical

Modular Medical was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Modular Medical is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Paul DiPerna is the current CEO of Modular Medical.

Modular Medical is a funded company, having raised a total of $5.28M across 2 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Modular Medical is 36.

Modular Medical is engaged in developing innovative diabetes management solutions. The company is dedicated to creating medical devices like MODD1, an insulin pump designed for ease of use. It is aimed at transitioning patients from manual injections to automated systems. The focus is placed on facilitating data sharing with healthcare providers. The sector targeted includes healthcare with an emphasis on diabetes care technology.

Modular Medical's top competitors include Tandem Diabetes, Kaleido and LenoMed.

Modular Medical offers MODD1.

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