Modal Overview

  • Founded
  • 2015
Founded
  • Status
  • Private
  • Employees
  • 43
Employees
  • Latest Deal Type
  • Series A
  • Latest Deal Amount
  • $14.4M
Latest Deal Amount
  • Investors
  • 24

Modal General Information

Description

Operator of digital commerce platform designed to make car-buying seamless and frictionless. The company's platform uses a native approach that transforms and leverages a dealership's own website and sales team, enabling automotive dealers to elevate the customer experience which ultimately increases per vehicle retail, earns more customers, and boosts customer satisfaction.

Contact Information

Website
www.modalup.com
Formerly Known As
Next Technology, Drive Motors
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Primary Office
  • 235 Pine Street
  • Suite 850
  • San Francisco, CA 94104
  • United States
+1 (866) 000-0000

Modal Timeline

2018201920202021
Financing RoundCaptured Employee CountEstimated Employee Growth
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Modal Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC (Series A) 08-Dec-2020 $14.4M 000.00 Completed Generating Revenue
5. Early Stage VC 14-Jun-2019 000 000.00 Completed Generating Revenue
4. Seed Round 14-Aug-2018 00.00 000.00 000.00 Completed Generating Revenue
3. Seed Round 02-Aug-2017 00.00 00.00 Completed Generating Revenue
2. Seed Round 24-May-2016 $1.6M $2.6M 000.00 Completed Generating Revenue
1. Angel (individual) 25-Feb-2015 $1M $1M 00.00 Completed Startup
To view Modal’s complete valuation and funding history, request access »

Modal Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A-1 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series A 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 0.000
Seed 8,508,818 $0.000100 $0.04 $0.75 $0.75 1x $0.75 32.96%
To view Modal’s complete cap table history, request access »

Modal Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Operator of digital commerce platform designed to make car-buying seamless and frictionless. The company's platform uses
Business/Productivity Software
San Francisco, CA
43 As of 2021
000.00
00000000000 000.00

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000000000000000000000 00000000
Minneapolis, MN
00 As of 0000
00000
000000000 - 00000

00000000

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0000000000
San Francisco, CA
000 As of 0000
000.00
0000 0000-00-00
000000&0 000.00
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Modal Competitors (10)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Outsell Private Equity-Backed Minneapolis, MN 00 00000 000000000 - 00000
00000000 Formerly VC-backed San Francisco, CA 000 000.00 000000&0 000.00
000000000000 Corporation Sandy, UT 000000000 -
00000 Corporation Saint Petersburg, FL 000 000000000 -
000000 (00000 000 Venture Capital-Backed Ambler, PA 00 000.00 000000 - 000 000.00
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Modal Executive Team (5)

Name Title Board Seat Contact Info
Sameer Bhalla Chief Executive Officer
JJ Gangi Chief Technology Officer
Aaron Krane Co-Founder & Board Member
You’re viewing 3 of 5 executive team members. Get the full list »

Modal Board Members (2)

Name Representing Role Since
Aaron Krane Modal Co-Founder & Board Member 000 0000
Duncan Davidson JD Bullpen Capital Board Member 000 0000
To view Modal’s complete board members history, request access »

Modal Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Modal Investors (24)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
American Honda Motor Corporation Minority 000 0000 000000 0
David Stewart Angel (individual) Minority 000 0000 000000 0
Pegasus Tech Ventures Venture Capital Minority 000 0000 000000 0
The K Fund PE/Buyout Minority 000 0000 000000 0
IDOM Japan Corporation Minority 000 0000 000000 0
You’re viewing 5 of 24 investors. Get the full list »