About Modulus
Modulus is a company based in Cincinnati (United States) founded in 2012 was acquired by Progress in June 2014.. Modulus has raised $270 thousand across 2 funding rounds from investors including Progress and The Brandery. Modulus operates in a competitive market with competitors including Heroku, Stratoscale, Pivotal Software, Robin Systems and ESDS Software Solution, among others.
- Headquarter Cincinnati, United States
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Sectors
Technology
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Phone
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Website
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Social
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Funding Insights of Modulus
Modulus has successfully raised a total of $270K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $250 thousand completed in January 2013. 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 2
- Last Round Seed — $250,000
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First Round
First Round
(02 Jul 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2013 | Amount | Seed - Modulus | Valuation |
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| Jul, 2012 | Amount | Seed - Modulus | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Modulus
Modulus has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Progress and The Brandery. 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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IDE-based software is provided for application development and management.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Modulus
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Modulus
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Modulus Comparisons
Competitors of Modulus
Modulus 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 Heroku, Stratoscale, Pivotal Software, Robin Systems and ESDS Software Solution, 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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Saas based provider of integrated platform as a service solutions
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Offers a multi-cloud hybrid platform for businesses.
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Enterprise platform as a service for big data is provided.
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Platform offering container storage software
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| domain | founded_year | HQ Location |
Cloud, data center, managed, and security services are provided.
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| domain | founded_year | HQ Location |
Serverless platform for AI application development and deployment is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Modulus
When was Modulus founded?
Modulus was founded in 2012.
Where is Modulus located?
Modulus is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Is Modulus a funded company?
Modulus is a funded company, having raised a total of $270K across 2 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on Jul 02, 2012.
What does Modulus do?
Modulus was founded in 2012 in Cincinnati, United States, as a platform focused on Node.js application hosting. A full technology stack is provided, including custom SSL, WebSockets, MongoDB integration, and performance statistics. Server and database administration tasks are handled to support instant deployments, rapid scaling, and zero-downtime operations for internet-based applications.
Who are the top competitors of Modulus?
Modulus's top competitors include Heroku, ESDS Software Solution and Modal.
Who are Modulus's investors?
Modulus has 2 investors. Key investors include Progress, and The Brandery.
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