How Much Did Modeco Systems Raise?
Funding & Key Investors

Modeco Systems has secured $56K in total capital, with a recent injection of $56K designated for substantial expansion. This financing round, indicative of a significant Series B/C stage, underscores the company's trajectory in the enterprise time and expense tracking market. The latest funding aims to fuel further growth and operational scaling for the provider of the TimeScape platform.

What is Modeco Systems?

Modeco Systems
SoftwareEnterprise Resource Planning (ERP)Human Resources Software

Modeco Systems develops TimeScape, an enterprise time and expense tracking system engineered for businesses with mobile workforces. This advanced digital solution meticulously tracks, monitors, and reports on critical operational metrics, including crews, jobs, tasks, and materials in real-time. Primarily serving industries such as landscaping, snow and ice management, and facilities management, TimeScape is designed to streamline operations by eliminating manual paperwork, automating payroll processes, and providing precise job costing. The platform's integration capabilities with major accounting software offer users comprehensive reporting for strategic decision-making.

How much funding has Modeco Systems raised?

Modeco Systems has raised a total of $56K across 1 funding round:

2021

Debt

$56K

Debt (2021): $56K with participation from PPP

What's next for Modeco Systems?

With substantial expansion capital secured, Modeco Systems is poised for accelerated growth. The company's focus on enhancing job costing and operational efficiency for mobile workforces, particularly within service-oriented industries, positions it for increased market penetration. Future developments are likely to center on expanding TimeScape's feature set, deepening integrations with financial software, and potentially exploring new industry verticals. This strategic investment will enable Modeco Systems to scale its operations, enhance its technological infrastructure, and solidify its competitive standing in the enterprise workforce management sector.

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Frequently Asked Questions Regarding Modeco Systems Financial Insights

What are the most recent funding rounds that Modeco Systems has completed, and what were the funding rounds?
Modeco Systems has recently completed 1 funding rounds: Debt on Jan 27, 2021.
What is the total amount of funding Modeco Systems has raised to date?
Modeco Systems has raised a total of $56K in funding to date.
How many funding rounds has Modeco Systems completed?
Modeco Systems has completed 1 funding rounds.
How much funding did Modeco Systems raise in its most recent funding round?
Modeco Systems raised $56K in its most recent funding round.
Who are the lead investors in Modeco Systems's latest funding round?
The lead investor in Modeco Systems's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Modeco Systems's history?
The largest funding round in Modeco Systems's history was $56K.
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