What is Modabasic?
Modabasic Inc. operates within the Apparel & Accessories Retail industry, a dynamic market segment characterized by evolving consumer trends and robust competition. Headquartered in Los Angeles, California, the company employs between 20 to 49 individuals and generates revenue in the range of $5 million to $10 million. Its focus on apparel and accessories positions it to capitalize on consumer spending in fashion and lifestyle products.
How much funding has Modabasic raised?
Modabasic has raised a total of $60K across 1 funding round:
Debt
$60K
Debt (2021): $60K with participation from PPP
Key Investors in Modabasic
PPP
Public-Private Partnership
What's next for Modabasic?
With the recent influx of expansion capital, Modabasic is poised for significant scaling initiatives. This strategic investment will likely fuel advancements in product development, market penetration, and operational efficiency. The company's trajectory suggests a focus on solidifying its market position and potentially exploring new avenues for growth within the retail landscape. Future developments may include enhanced e-commerce capabilities, expanded distribution networks, or strategic partnerships to broaden its reach and customer base.
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