Modus Group Overview

  • Year Founded
  • 1999

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 100

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 4

  • Investments
  • 3

Modus Group General Information

Description

Developer of wireless and vehicle telematics software designed for insurers, wireless carriers and fleet operators worldwide. The company offers services catering to software development, procurement services, logistics, vehicle health and maintenance as well as crash detection to customers.

Contact Information

Website
www.mod.us
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Private Equity-Backed
Corporate Office
  • 7573 Slater Avenue
  • Suite P
  • Huntington Beach, CA 92647
  • United States
+1 (888)
Primary Industry
Business/Productivity Software
Other Industries
Other Commercial Services
Parent Company
Radius Payment Solutions
Vertical(s)
TMT
Corporate Office
  • 7573 Slater Avenue
  • Suite P
  • Huntington Beach, CA 92647
  • United States
+1 (888)

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Modus Group Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Modus Group Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of wireless and vehicle telematics software designed for insurers, wireless carriers and fleet operators world
Business/Productivity Software
Huntington Beach, CA
100 As of 2022

Nottingham, United Kingdom
 

 
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Modus Group Competitors (22)

One of Modus Group’s 22 competitors is Microlise, a Formerly PE-Backed company based in Nottingham, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Microlise Formerly PE-Backed Nottingham, United Kingdom
GPS Trackit Private Equity-Backed
Fleetistics Corporation Wesley Chapel, FL
Spireon Private Equity-Backed Irvine, CA
Octo Telematics Formerly PE-Backed Rome, Italy
You’re viewing 5 of 22 competitors. Get the full list »

Modus Group Patents

  • 2

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • Pending

  • Expiring in next 12 mo

Modus Group Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-10471964-B2 System and method for collecting vehicle use and driving behavior data using a mobile communication device and bluetooth low energy (ble) device Active 10-Oct-2014
US-20160101786-A1 System and method for collecting vehicle use and driving behavior data using a mobile communication device and bluetooth low energy (ble) device Active 10-Oct-2014

Modus Group Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Modus Group Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Modus Group Investments & Acquisitions (3)

Modus Group’s most recent deal was a Seed Round with BFree for . The deal was made on 29-Feb-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
BFree 29-Feb-2024 Seed Round Financial Software
Lords LB Asset Management 25-Jan-2018 Merger/Acquisition Asset Management
Vision Wireless 01-Jan-2011 Merger/Acquisition IT Consulting and Outsourcing
To view Modus Group’s complete investments and acquisitions history, request access »

Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
Lords LB Asset Management Vilnius, Lithuania 2008
Modus Energija Vilnius, Lithuania

Modus Group FAQs

  • When was Modus Group founded?

    Modus Group was founded in 1999.

  • Where is Modus Group headquartered?

    Modus Group is headquartered in Huntington Beach, CA.

  • What is the size of Modus Group?

    Modus Group has 100 total employees.

  • What industry is Modus Group in?

    Modus Group’s primary industry is Business/Productivity Software.

  • Is Modus Group a private or public company?

    Modus Group is a Private company.

  • What is Modus Group’s current revenue?

    The current revenue for Modus Group is .

  • How much funding has Modus Group raised over time?

    Modus Group has raised $520K.

  • Who are Modus Group’s investors?

    Bilgola Capital has invested in Modus Group.

  • Who are Modus Group’s competitors?

    Microlise, GPS Trackit, Fleetistics, Spireon, and Octo Telematics are some of the 22 competitors of Modus Group.

  • When was Modus Group acquired?

    Modus Group was acquired on 21-May-2021.

  • Who acquired Modus Group?

    Modus Group was acquired by Radius Payment Solutions.

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