About Modustri
Modustri is a company based in Grand Rapids (United States) founded in 2012 was acquired by Caterpillar in June 2015.. Modustri has raised $145 thousand across 1 funding round from investors including Caterpillar. The company has 8 employees as of December 31, 2022. Modustri operates in a competitive market with competitors including Procore, Hover, Fieldwire, PlanGrid and Nemetschek Group, among others.
- Headquarter Grand Rapids, United States
- Employees 8 as on 31 Dec, 2022
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Sectors
Real Estate & ConstructionTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Modustri, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$145 K (USD)
in 1 rounds
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Latest Funding Round
$145 K (USD), Seed
Oct 24, 2013
- Investors
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Employee Count
8
as on Dec 31, 2022
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Acquired by
Caterpillar
(Jun 01, 2015)
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Funding Insights of Modustri
Modustri has successfully raised a total of $145K through 1 strategic funding round. The most recent funding activity was a Seed round of $145 thousand completed in October 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 1
- Last Round Seed — $145,000
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First Round
First Round
(24 Oct 2013)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2013 | Amount | Seed - Modustri | Valuation |
investors |
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| 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 Modustri
Modustri has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Caterpillar. 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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Construction and mining equipment, engines, and locomotives are manufactured.
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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 Modustri
| 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 - Modustri
| 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 |
Modustri Comparisons
Competitors of Modustri
Modustri 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 Procore, Hover, Fieldwire, PlanGrid and Nemetschek Group, 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 project management software is provided for construction professionals.
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| domain | founded_year | HQ Location |
Hover is recognized for providing construction and renovation software solutions.
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| domain | founded_year | HQ Location |
A cloud-based collaboration platform is offered for construction project teams.
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| domain | founded_year | HQ Location |
Provider of collaboration on web and mobile for field construction
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| domain | founded_year | HQ Location |
Provider of management solutions for the construction sector
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| domain | founded_year | HQ Location |
SaaS software for construction professionals' communication and collaboration is provided.
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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 Modustri
When was Modustri founded?
Modustri was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Modustri located?
Modustri is headquartered in Grand Rapids, United States. It is registered at Grand Rapids, Michigan, United States.
Is Modustri a funded company?
Modustri is a funded company, having raised a total of $145K across 1 funding round to date. The company's 1st funding round was a Seed of $145K, raised on Oct 24, 2013.
How many employees does Modustri have?
As of Dec 31, 2022, the latest employee count at Modustri is 8.
What does Modustri do?
Modustri was founded in 2012 in Grand Rapids, United States. Integrated hardware and cloud-based solutions are offered for digital measurement and data collection in heavy equipment inspections. Ultrasonic techniques are employed to gather data and assist field teams with non-destructive testing, condition monitoring, and predictive maintenance. Operations target sectors including construction, transportation, and infrastructure.
Who are the top competitors of Modustri?
Modustri's top competitors include Procore, Hover and Nemetschek Group.
Who are Modustri's investors?
Modustri has 1 investor. Key investors include Caterpillar.
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