What is Modern?
Modern provides a comprehensive platform for 2-way text messaging, enabling automotive and equipment dealer service departments to interact with customers more effectively. The service facilitates the sharing of photos, videos, digital multi-point inspections, estimates, and payment requests. By streamlining these processes and capturing customer signatures, Modern aims to reduce repair disputes and improve overall customer satisfaction within the dealership service sector.
How much funding has Modern raised?
Modern has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Modern
PPP
Public-Private Partnership
What's next for Modern?
With its recent strategic investment and substantial total capital raised, Modern is poised for accelerated expansion. The company's focus on digitizing customer interactions and improving operational efficiency in service departments positions it well to capitalize on the growing demand for advanced dealership management solutions. Future developments are likely to involve further enhancement of its communication tools and broader market penetration within the automotive and equipment sectors.
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