About Modumetal
Modumetal is a Technology company based in Seattle (United States) founded in 2007. Nano-layered metals are manufactured for construction and related sectors. Modumetal has raised $106.55 million across 20 funding rounds from investors including ConocoPhillips, Chevron and Hercules Capital. The company has 23 employees. Modumetal offers products and services including NanoGalv, NanoPlex, and ModuGalv. Its focus areas include High Tech, Nanotechnology, Nanointermediates and Nanoalloy. Its legal entity is MODUMETAL, INC. Its competitors include NanoSteel and Xtalic; 2 of its 2 listed competitors have raised funding.
Company details
Modumetal was founded in 2007 in Seattle, United States. Nano-layered alloys are produced through a patented electroplating process that varies the electric field to create layered coatings. These alloys are applied in construction, energy, and aerospace markets, where superior mechanical, corrosion, wear, and thermal properties are achieved at costs comparable to conventional non-layered metals. Operations focus on materials engineering for industrial uses.
- Headquarters Seattle, United States
- Employees 23
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website modumetal.com
- Social LinkedIn X
- Legal Name Modumetal, Inc.
- Total Equity Funding$106.55M (USD)
in 20 rounds
- Latest Funding Round$6.5M (USD), Series A
Jun 2023
- InvestorsConocoPhillips
& 17 more
- Employee Count23
Products & Services of Modumetal
Modumetal offers a comprehensive portfolio of products and services, including NanoGalv, NanoPlex, and ModuGalv.
Coating for corrosion resistance and enhanced durability.
Alloy for industry-changing performance and sustainability.
Material improving metal applications in various sectors.
Funding Insights of Modumetal
Modumetal has successfully raised a total of $106.55M across 20 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in June 2023. 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 $106.55M
- Total Rounds 20
- Last Round Series A — $6.5M
- First Round $749,443
(Apr 2007)
- Investors Count 18
Latest 10 of 20 funding rounds of Modumetal with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $6.5M | Series A | – | – | – |
| Feb 2022 | $14M | Series A | – | Atlas Innovate, Rotor Capital | – |
| Aug 2021 | $15.01M | Series A | – | – | – |
| Feb 2019 | $17.47M | Series A | – | – | |
| Aug 2015 | $33.5M | Series A | – | Founders Fund | |
| May 2014 | $7.39M | Series A | – | – | – |
| Nov 2012 | $4.73M | Series A | – | – | |
| Aug 2011 | $192,655 | Grant | – | – | |
| Jun 2010 | $3.61M | Series A | – | – | – |
| Feb 2010 | $146,750 | Grant | – | – |
18 investors in total: 17 institutional and 1 angel.
Investors in Modumetal
Modumetal has secured backing from 18 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include ConocoPhillips, Chevron and Hercules Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Control investments in private equity are targeted by Rotor Capital. | rotorcapital.com | Los Angeles, United States | ||
Private equity investments are backed by a single-family office firm. | capital.vulcan.com | Seattle, United States | ||
Venture capital investments in technology and defense sectors. | foundersfund.com | |||
Venture capital investments are made in mission-driven early-stage companies. | 2000 | catamountventures.com | Mill Valley, United States | |
| secondave.com | ||||
Tech & Life-Sciences focused VC Firm investing in the US | goldenseeds.com | New York, United States | ||
Venture debt financing is provided to companies in multiple sectors. | 2003 | htgc.com | Palo Alto, United States | |
Provider of investment management and real asset services | iconiqcapital.com | San Francisco, United States | ||
Investments in energy technology companies are made by BP Ventures. | bp.com/en/global/bp-ventures | |||
| allianceofangels.com |
Investor details for Modumetal
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Modumetal
21 people are tracked at Modumetal (8 in leadership, 7 in board & advisors, 6 in team); the tracked headcount is 23.
| Name | Role | Group |
|---|---|---|
Steve Brust | Director of Manufacturing | Leadership |
Marie Li | Director of R&D | Leadership |
Rick Morgan | Chief Science Officer | Leadership |
Jason Franklin | VP Finance | Leadership |
Vikas Joshi | Director of Engineering & Quality | Leadership |
Steven Glass | Supply Chain & Technical Service Director | Leadership |
Austin Aldrich | Head Of Control Systems | Leadership |
Mike Abuhatoum, CPP.CIPM.CMPO. Six Sigma Green Belt. | General Manager | Leadership |
Tushar Porwal | Director | Board & advisors |
Alain Rothstein | Director | Board & advisors |
Drew Gardner | Director | Board & advisors |
Rich Keller | Director | Board & advisors |
Robert Workman | Director | Board & advisors |
Ed Lee | Director | Board & advisors |
Dennis Creech | Chairman Of The Board And CEO | Board & advisors |
Ryan Andersen | Artificial Lift Sales Manager | Team |
Heather Morgan | Bookkeeper | Team |
Agnieszka Dobosz | Chemical Engineer | Team |
Manoli P. Tramountanas | Automation Engineer | Team |
Mujtuba Khan | Principal Control Systems Engineer | Team |
1 more people are available in the full profile.
Complete people profiles for Modumetal
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Modumetal
3 dated milestones of Modumetal across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Modumetal is founded.
- Funding First funding round of $749K.
- Funding Latest funding round, Series A, of $6.5M.
Competitors of Modumetal
Modumetal has 2 listed competitors in our database, 2 of them funded. They include NanoSteel and Xtalic.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nanosteelco.com | 2002 | Providence, United States | $88.02M | Nanostructured steel coatings, additives, and alloys are developed and commercialized. | ||
| xtalic.com | 2005 | Marlborough, United States | $18M | 20 | Nanostructured metal alloys are tailored using dynamic control technology. |
Detailed competitors of Modumetal
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Modumetal
The website of Modumetal (modumetal.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 45.5% vs previous month
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Frequently Asked Questions about Modumetal
Modumetal was founded in 2007.
Modumetal is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Modumetal is a funded company, having raised a total of $106.55M across 20 funding rounds to date. The company's 1st funding round was a Grant of $146.75K, raised on Apr 2007.
Modumetal has 23 employees.
Modumetal was founded in 2007 in Seattle, United States. Nano-layered alloys are produced through a patented electroplating process that varies the electric field to create layered coatings. These alloys are applied in construction, energy, and aerospace markets, where superior mechanical, corrosion, wear, and thermal properties are achieved at costs comparable to conventional non-layered metals. Operations focus on materials engineering for industrial uses.
Modumetal offers NanoGalv, NanoPlex, and ModuGalv.
Modumetal has 18 investors. Key investors include ConocoPhillips, Chevron, Hercules Capital, Atlas Innovate, and Rotor Capital.
Modumetal operates through Modumetal, Inc..