About Modumate
Modumate is a company based in San Francisco (United States) founded in 2017 by Richman Neumann.. Modumate has raised $1.5 million across 1 funding round from investors including 205 Capital, LaunchCapital and RiverPark Ventures. The company has 3 employees as of December 31, 2022. Modumate operates in a competitive market with competitors including CANOA, Maket, Planby, AITWO and OPOPLAN, among others.
- Headquarter San Francisco, United States
- Employees 3 as on 31 Dec, 2022
- Founders Richman Neumann
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.5 M (USD)
in 1 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Jul 12, 2018
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Investors
205 Capital
& 3 more
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Employee Count
3
as on Dec 31, 2022
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Funding Insights of Modumate
Modumate has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in July 2018. 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 1
- Last Round Seed — $1.5M
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First Round
First Round
(12 Jul 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Seed - Modumate | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
Investors in Modumate
Modumate has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include 205 Capital, LaunchCapital and RiverPark 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.
| Investor | Description | Founded Year | Domain | Location |
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Investments are directed by 205 Capital toward early-stage startups.
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Founded Year | Domain | Location | |
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VC firm investing in seed & early stage companies in the US
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Founded Year | Domain | Location | |
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Venture capital firm backed by RiverPark Funds group
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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 Modumate
| 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 - Modumate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
Modumate Comparisons
Competitors of Modumate
Modumate 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 CANOA, Maket, Planby, AITWO and OPOPLAN, 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 |
SaaS digital platform for commercial real estate construction is offered.
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| domain | founded_year | HQ Location |
AI-powered design software is provided for architects and builders.
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| domain | founded_year | HQ Location |
AI-powered management solutions are offered for interior designers.
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| domain | founded_year | HQ Location |
Provides AI tools for home remodeling, design, and visualization.
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| domain | founded_year | HQ Location |
Tech-enabled architectural design and planning services are offered to subscribers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Modumate
When was Modumate founded?
Modumate was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Modumate located?
Modumate is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Modumate?
Richman Neumann is the current CEO of Modumate. They have also founded this company.
Is Modumate a funded company?
Modumate is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Seed of $1.5M, raised on Jul 12, 2018.
How many employees does Modumate have?
As of Dec 31, 2022, the latest employee count at Modumate is 3.
What does Modumate do?
Modumate was founded in 2017 in San Francisco, United States, as an AI-based software platform in the architecture and design sector. 3D models are generated by users, with automatic updates applied to corresponding 2D views and maps. Visualization of models is supported through 3D walkthroughs, while AI-driven analysis is performed for costs and energy consumption. Operations focus on streamlining design workflows for architects.
Who are the top competitors of Modumate?
Who are Modumate's investors?
Modumate has 4 investors. Key investors include 205 Capital, LaunchCapital, RiverPark Ventures, and TeleSoft Partners.