About Modum IO
Modum IO is a company based in Zurich (Switzerland) founded in 2016 by Pascal Degen was acquired by Roambee in June 2021.. Modum IO has raised $30.22 thousand across 2 funding rounds from investors including Roambee, Kickstart Innovation and Venture Kick. Modum IO operates in a competitive market with competitors including Asimily, TraceLink, Controlant, SkyCell and Everledger, among others.
- Headquarter Zurich, Switzerland
- Founders Pascal Degen
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Sectors
HealthcareTransportation, Automotive & Logistics Technology
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Email
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Phone
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Website
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Social
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Funding Insights of Modum IO
Modum IO has successfully raised a total of $30.22K across 2 strategic funding rounds. The most recent funding activity was a Grant round of $20.54 thousand completed in November 2016. 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 Grant — $20,536
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First Round
First Round
(01 Jun 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2016 | Amount | Grant - Modum IO | Valuation |
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| Jun, 2016 | Amount | Seed - Modum IO | Valuation |
investors |
| 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 |
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Investors in Modum IO
Modum IO has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Roambee, Kickstart Innovation and Venture Kick. 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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Founded Year | Domain | Location | |
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University backed startup accelerator
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Founded Year | Domain | Location | |
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AI-enabled solutions for shipment monitoring and tracking are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Modum IO
| 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 - Modum IO
| 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 |
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Modum Io Comparisons
Competitors of Modum IO
Modum IO 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 Asimily, TraceLink, Controlant, SkyCell and Everledger, 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 |
Medical device assets are managed via an online platform.
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| domain | founded_year | HQ Location |
Pharmaceutical supply chains are tracked via cloud and AI platforms.
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| domain | founded_year | HQ Location |
Cloud-based visibility is offered for cold chain supply management.
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| domain | founded_year | HQ Location |
Temperature-controlled containers for pharmaceutical transport are provided.
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| domain | founded_year | HQ Location |
Blockchain-based fraud prevention for diamonds and luxury goods is offered.
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| domain | founded_year | HQ Location |
SaaS supply chain management software is provided for life sciences.
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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 Modum Io
Frequently Asked Questions about Modum IO
When was Modum IO founded?
Modum IO was founded in 2016.
Where is Modum IO located?
Modum IO is headquartered in Zurich, Switzerland.
Who is the current CEO of Modum IO?
Simon Dossegger is the current CEO of Modum IO.
Is Modum IO a funded company?
Modum IO is a funded company, having raised a total of $30.22K across 2 funding rounds to date. The company's 1st funding round was a Seed of $30.22K, raised on Jun 01, 2016.
What does Modum IO do?
Modum was founded in 2016 in Zurich, Switzerland, and operates in the blockchain and supply chain sector. Sensor devices are created to monitor temperature during pharma shipments, ensuring compliance with GDP regulations. Data is transferred to a blockchain for immutability and public access, while smart contracts evaluate it against product attributes. Costs in the supply chain are reduced through these operations.
Who are the top competitors of Modum IO?
Modum IO's top competitors include Controlant, Asimily and SkyCell.
Who are Modum IO's investors?
Modum IO has 3 investors. Key investors include Roambee, Kickstart Innovation, and Venture Kick.
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