Modumetal Overview
- Year Founded
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2000
- Status
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Private
- Employees
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26
- Latest Deal Type
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Series A3
- Latest Deal Amount
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$5.69M
- Investors
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12
Modumetal General Information
Description
Manufacturer of nano-laminated alloys onto base carbon steel materials at an industrial scale, intended to provide unprecedented corrosion protection. The company offers alloys that are stronger and lighter than steel, more corrosion-resistant and more durable than other metals, as it is made using electricity, rather than heat as its primary energy input, enabling infrastructure, automotive, aerospace, energy and construction industries to use performing alloys at a cost that is competitive with conventional metals.
Contact Information
Website
www.modumetal.comCorporate Office
- 20124 Broadway Avenue
- Building A102
- Snohomish, WA 98296
- United States
Corporate Office
- 20124 Broadway Avenue
- Building A102
- Snohomish, WA 98296
- United States
Modumetal Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 14. Later Stage VC (Series A3) | 14-Jun-2023 | $5.69M | Completed | Generating Revenue | ||
| 13. Secondary Transaction - Private | 25-Feb-2022 | Completed | Generating Revenue | |||
| 12. Later Stage VC (Series A2) | 30-Aug-2021 | Completed | Generating Revenue | |||
| 11. Debt - PPP | 13-Apr-2020 | Completed | Generating Revenue | |||
| 10. Later Stage VC (Series B1) | 08-Feb-2019 | Completed | Generating Revenue | |||
| 9. Leveraged Recapitalization | 01-Jan-2018 | Completed | Generating Revenue | |||
| 8. Grant | 31-Dec-2015 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series C) | 26-Aug-2015 | Completed | Generating Revenue | |||
| 6. Debt - General | 31-Dec-2014 | $3M | $19.7M | Completed | Generating Revenue | |
| 5. Later Stage VC (Series B) | 06-Nov-2012 | $8.35M | $16.7M | Completed | Generating Revenue |
Modumetal Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-3 | ||||||||
| Series A-2 |
VC Exit Predictor
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Modumetal Comparisons
Industry
Financing
Details
Modumetal Competitors (5)
One of Modumetal’s 5 competitors is CellTech Metals, a Venture Capital-Backed company based in Waco, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| CellTech Metals | Venture Capital-Backed | Waco, TX | ||||
| Walter Surface Technologies (Pointe-Claire) | Private Equity-Backed | Windsor, CT | ||||
| Solésence | Formerly VC-backed | Romeoville, IL | ||||
| Busby Metals | Corporate Backed or Acquired | Hauppauge, NY | ||||
| Xtalic | Venture Capital-Backed | Marlborough, MA |
Modumetal Patents
Modumetal Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-3784823-A1 | Apparatuses, systems, and methods for producing a plurality of articles with nanolaminated coatings using rotation | Pending | 27-Apr-2018 | ||
| US-11519093-B2 | Apparatuses, systems, and methods for producing a plurality of articles with nanolaminated coatings using rotation | Active | 27-Apr-2018 | ||
| US-20210054522-A1 | Apparatuses, systems, and methods for producing a plurality of articles with nanolaminated coatings using rotation | Active | 27-Apr-2018 | ||
| WO-2019210264-A1 | Apparatuses, systems, and methods for producing a plurality of articles with nanolaminated coatings using rotation | Inactive | 27-Apr-2018 | ||
| CA-3060619-A1 | Tubular articles with electrodeposited coatings, and systems and methods for producing the same | Active | 21-Apr-2017 | C25D7/04 |
Modumetal Signals
Modumetal Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Cowtown Angels | Angel Group | Minority | ||
| Atlas Innovate | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Gulf South Angels | Angel Group | Minority | ||
| Angel (individual) | Minority |
Modumetal FAQs
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When was Modumetal founded?
Modumetal was founded in 2000.
-
Where is Modumetal headquartered?
Modumetal is headquartered in Snohomish, WA.
-
What is the size of Modumetal?
Modumetal has 26 total employees.
-
What industry is Modumetal in?
Modumetal’s primary industry is Industrial Supplies and Parts.
-
Is Modumetal a private or public company?
Modumetal is a Private company.
-
What is the current valuation of Modumetal?
The current valuation of Modumetal is .
-
What is Modumetal’s current revenue?
The current revenue for Modumetal is .
-
How much funding has Modumetal raised over time?
Modumetal has raised $91.3M.
-
Who are Modumetal’s investors?
Cowtown Angels, Atlas Innovate, , Gulf South Angels, and are 5 of 12 investors who have invested in Modumetal.
-
Who are Modumetal’s competitors?
CellTech Metals, Walter Surface Technologies (Pointe-Claire), Solésence, Busby Metals, and Xtalic are competitors of Modumetal.
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