Modulous

London, United Kingdom Founded: 2018 • Age: 8 yrs
Provider of AI-driven design solutions for the construction industry
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About Modulous

Modulous is a company based in London (United Kingdom) founded in 2018 by Markus cosmann, Reimell Tagenath ragnauth, Romill Lynton bettany, Chris Bone, and Christopher Matthew mortensen.. Modulous has raised $18.57 million across 3 funding rounds from investors including CEMEX Ventures, Blackhorn Ventures and GroundBreak Ventures. The company has 16 employees as of June 30, 2021. Modulous offers products and services including TESSA and Kit of Parts. Modulous operates in a competitive market with competitors including Veev, Boxabl, Modulus Housing Solution, Nexii and Algeco, among others.

  • Headquarter London, United Kingdom
  • Employees 16 as on 30 Jun, 2021
  • Founders Markus cosmann, Reimell Tagenath ragnauth, Romill Lynton bettany, Chris Bone, Christopher Matthew mortensen
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Modulous Limited
  • Date of Incorporation 17 Aug, 2018
  • Jurisdiction LONDON, UK, ENGLAND
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Key Metrics
  • Annual Revenue
    $269.21 K (USD)
    23
    as on Jun 30, 2021
  • Net Profit
    $-2.02 M (USD)
    -244
    as on Jun 30, 2021
  • EBITDA
  • Total Equity Funding
    $18.57 M (USD)

    in 3 rounds

  • Latest Funding Round
    $11.59 M (USD), Series A

    Sep 12, 2022

  • Investors
  • Employee Count
    16

    as on Jun 30, 2021

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Products & Services of Modulous

Modulous offers a comprehensive portfolio of products and services, including TESSA and Kit of Parts. 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.

Primary

Generates housing designs and cost plans for construction projects.

Provides standardized assemblies for low-risk housing solutions.

People of Modulous
Headcount 10-50
Employee Profiles 2
Board Members and Advisors 1
Employee Profiles
People
Chris Bone
CEO
People
Mel Ragnauth
CCO

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Board Members and Advisors
people
Andrew Haining
Chairman & Mentor

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Funding Insights of Modulous

Modulous has successfully raised a total of $18.57M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $11.59 million completed in September 2022. 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 Rounds 3
  • Last Round Series A — $11.6M
  • First Round
  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2022 Amount Series A - Modulous Valuation Goldacre , Leela Capital
Jun, 2021 Amount Series A - Modulous Valuation Blackhorn Ventures , GroundBreak Ventures
Jan, 2021 Amount Seed - Modulous Valuation CEMEX Ventures
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 Modulous

Modulous has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include CEMEX Ventures, Blackhorn Ventures and GroundBreak Ventures. 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
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Tech and offline focused VC firm investing in geographies such as the US
Founded Year Domain Location
GroundBreak Ventures is focused on investing in PropTech startups.
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 Modulous

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

Financial Statements - Modulous

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

Modulous Comparisons

Employees
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Competitors of Modulous

Modulous 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 Veev, Boxabl, Modulus Housing Solution, Nexii and Algeco, 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
Homes are built using technology and proprietary closed wall systems.
domain founded_year HQ Location
Residential and commercial properties are developed via modular infrastructure.
domain founded_year HQ Location
Modular, portable, and reusable infrastructure is manufactured for diverse sectors.
domain founded_year HQ Location
Prefabricated blocks are manufactured for constructing structures.
domain founded_year HQ Location
Modular space solutions are provided for rental and sale.
domain founded_year HQ Location
Modular construction structures are provided for diverse sectors.
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 Modulous

Frequently Asked Questions about Modulous

When was Modulous founded?

Modulous was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Modulous located?

Modulous is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is Modulous a funded company?

Modulous is a funded company, having raised a total of $18.57M across 3 funding rounds to date.

How many employees does Modulous have?

As of Jun 30, 2021, the latest employee count at Modulous is 16.

What is the annual revenue of Modulous?

Annual revenue of Modulous is $269.21K as on Jun 30, 2021.

What does Modulous do?

Provider of AI-driven design solutions for the construction industry. The company offers a digitized platform that enables architects, designers, engineers, and digital specialists to generate high-quality designs. The platform leverages generative design, artificial intelligence, and 5D BIM modeling.

Who are the top competitors of Modulous?

Modulous's top competitors include Boxabl, Modulus Housing Solution and Veev.

What products or services does Modulous offer?

Modulous offers TESSA and Kit of Parts.

Who are Modulous's investors?

Modulous has 7 investors. Key investors include CEMEX Ventures, Blackhorn Ventures, GroundBreak Ventures, Goldacre, and Leela Capital.

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