What is Moda Light?
Founded in 1995 and based in Las Vegas, NV, MODA Light distinguishes itself by manufacturing every component of its fixtures, including LEDs, drivers, and optics. This vertically integrated approach ensures a high degree of uniformity and excellence in design and performance. The company caters to specifiers and clients seeking sophisticated, innovative lighting solutions, offering fast shipping and production times. Their product portfolio encompasses a range of lighting options such as Cove, Graze, Wash, and Flex, all engineered for straightforward installation and a minimalistic aesthetic, positioning them as a key player in the architectural and commercial lighting market.
How much funding has Moda Light raised?
Moda Light has raised a total of $431K across 2 funding rounds:
Debt
$150K
Debt
$281K
Debt (2020): $150K with participation from PPP
Debt (2021): $281K led by PPP
What's next for Moda Light?
The substantial capital infusion, particularly the recent strategic investment, signals a phase of significant growth and potential expansion for Moda Light. This late-stage funding is likely to be allocated towards scaling production capabilities, enhancing research and development for next-generation lighting technologies, and potentially broadening market reach. The company's focus on in-house component manufacturing provides a strong foundation for maintaining quality control as it grows, enabling it to capitalize on opportunities in the evolving smart lighting and sustainable design sectors.
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