Modal (Business/Productivity Software) Overview
- Year Founded
-
2015

- Status
-
Out of Business
- Employees
-
18

- Latest Deal Type
-
Out of Business
Modal (Business/Productivity Software) General Information
Description
Developer 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
Out of Business
Financing Status
Formerly VC-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 (Business/Productivity Software) Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Out of Business | 31-May-2022 | 000.00 | Completed | Generating Revenue | ||
6. Later Stage VC (Series A) | 08-Dec-2020 | 000.00 | 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 | $1M | 00.00 | Completed | Startup |
Modal (Business/Productivity Software) Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | 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% |
Modal (Business/Productivity Software) Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Developer of digital commerce platform designed to make car-buying seamless and frictionless. The company's platform use
Business/Productivity Software
San Francisco, CA
18
As of 2022
000.00
00000000 00
000.00
Modal (Business/Productivity Software) Competitors (8)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Motoinsight | Formerly PE-Backed | Toronto, Canada | 000 | 00000000000 | ||
0000000 | Private Equity-Backed | Minneapolis, MN | 000 | 00000 | 00000000000 | 00000 |
000000 (0000000000 | Venture Capital-Backed | Ambler, PA | 00 | 000.00 | 00000000000 | 000.00 |
000 000000000 | Corporate Backed or Acquired | Philadelphia, PA | 000 | 000000&0 | ||
00000 | Private Debt Financed | Saint Petersburg, FL | 000 | 000000000 - |
Modal (Business/Productivity Software) Patents
Modal (Business/Productivity Software) Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
FR-2449174-A1 | Demountable glazed partition wall - has frame section with four connected vertical webs with flanges giving one and three channels per face | Active | 19-Feb-1979 | 0000000000 |
Modal (Business/Productivity Software) Board Members (2)
Name | Representing | Role | Since |
---|---|---|---|
Duncan Davidson JD | Bullpen Capital | Board Member | 000 0000 |