What is Modern Round?
Modern Round is a privately held company focused on establishing the world's first virtual shooting lounges across the United States. These venues are designed to offer a unique blend of technology and entertainment, combining a fun, safe, and engaging shooting experience with high-class amenities. The lounges aim to provide a distinctive all-in-one night out, catering to both novice shooters and experienced firearm enthusiasts, complemented by fine food and beverages.
How much funding has Modern Round raised?
Modern Round has raised a total of $1.1M across 2 funding rounds:
Private Equity
$1M
Debt
$150K
Private Equity (2015): $1M, investors not publicly disclosed
Debt (2020): $150K led by PPP
Key Investors in Modern Round
PPP
Public-Private Partnership
What's next for Modern Round?
The substantial enterprise-level funding indicates Modern Round is poised for significant expansion and operational scaling. This capital injection will likely fuel the development and rollout of its virtual shooting lounges in key markets, enhancing its technological infrastructure and service offerings. The company's strategic focus on a unique entertainment niche suggests a trajectory aimed at capturing a significant share of the experiential leisure market.
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