How Much Did Modie & Associates Raise?
Funding & Key Investors

Modie & Associates has secured $72K in total capital, with a recent infusion of $72K in substantial expansion capital. This latest financing round, occurring on January 23, 2021, signifies a key growth phase for the firm, likely aligning with a Series B/C stage of development. The company has a history of securing debt financing, with a previous $72M debt round noted in early 2021.

What is Modie & Associates?

Modie & Associates
Business ServicesAccounting for Legal PracticesProject Management

Modie & Associates is a seasoned CPA firm with over three decades of experience, specializing in comprehensive accounting, tax, and financial management services. The firm primarily serves the automotive industry, with a particular focus on automobile dealerships of various sizes across Ohio and Florida. Their tailored services encompass tax consulting, detailed accounting, strategic cash flow analysis, and management consulting, all designed to address the unique challenges and opportunities within the automotive sector. Modie & Associates is committed to guiding its clients through complex business landscapes and optimizing tax incentives.

How much funding has Modie & Associates raised?

Modie & Associates has raised a total of $72K across 1 funding round:

2021

Debt

$72K

Debt (2021): $72K with participation from PPP

What's next for Modie & Associates?

The recent substantial expansion capital infusion positions Modie & Associates for significant growth and strategic scaling. Given the company's established presence and specialized services within the automotive accounting sector, this investment is likely earmarked for enhancing service offerings, expanding geographic reach within its target states, and potentially investing in technology to further streamline financial management for dealerships. The firm's trajectory suggests a focus on solidifying its market leadership and capitalizing on opportunities for further development in the accounting and tax consulting space.

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Frequently Asked Questions Regarding Modie & Associates Financial Insights

What are the most recent funding rounds that Modie & Associates has completed, and what were the funding rounds?
Modie & Associates has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding Modie & Associates has raised to date?
Modie & Associates has raised a total of $72K in funding to date.
How many funding rounds has Modie & Associates completed?
Modie & Associates has completed 1 funding rounds.
How much funding did Modie & Associates raise in its most recent funding round?
Modie & Associates raised $72K in its most recent funding round.
Who are the lead investors in Modie & Associates's latest funding round?
The lead investor in Modie & Associates'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 Modie & Associates's history?
The largest funding round in Modie & Associates's history was $72K.
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