How Much Did Modjoul Raise?
Funding & Key Investors

Modjoul, a company focused on workplace safety and asset management through its IoT platform, has secured $343K in total funding, with a recent undisclosed amount of $0 contributing to its latest financing round. This significant capital injection, occurring around April 2022, positions Modjoul for substantial growth and market penetration in the industrial technology sector.

What is Modjoul?

Modjoul
SoftwareStorage & System Management SoftwareSupply Chain Management (SCM) Software

Modjoul operates an innovative IoT platform designed to provide critical insights into workplace safety, enhance asset management, and prevent asset loss. By leveraging sensor technology and data analytics, the company aims to create safer working environments and optimize operational efficiency for its clients. The company's focus on tangible improvements in safety and asset tracking underscores its value proposition in industries where these factors are paramount.

How much funding has Modjoul raised?

Modjoul has raised a total of $343K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$193K

Debt (2020): $150K with participation from PPP

Debt (2021): $193K led by PPP

What's next for Modjoul?

With the context of large-scale, late-stage funding, Modjoul is poised for a significant scaling phase. This capital is likely earmarked for expanding its technological capabilities, broadening its market reach, and potentially developing new service offerings. The company's strategic direction will likely involve solidifying its position as a leader in IoT-driven industrial safety and asset intelligence, possibly through further product development and strategic partnerships to enhance its ecosystem.

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Frequently Asked Questions Regarding Modjoul Financial Insights

What are the most recent funding rounds that Modjoul has completed, and what were the funding rounds?
Modjoul has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Modjoul has raised to date?
Modjoul has raised a total of $343K in funding to date.
How many funding rounds has Modjoul completed?
Modjoul has completed 2 funding rounds.
How much funding did Modjoul raise in its most recent funding round?
Modjoul raised $193K in its most recent funding round.
Who are the lead investors in Modjoul's latest funding round?
The lead investor in Modjoul'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 Modjoul's history?
The largest funding round in Modjoul's history was $193K.
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