What is Modo Yoga studios?
Modo Yoga is an international network of hot yoga studios established in 2004 and based in Campbell River, BC, Canada. The company offers a comprehensive suite of services including in-person yoga classes, extensive teacher training programs, scholarship opportunities, and accessible online classes for streaming. Its business model extends beyond traditional studio offerings to encompass community building and educational development within the wellness sector.
How much funding has Modo Yoga studios raised?
Modo Yoga studios has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Modo Yoga studios?
The recent strategic investment signifies a pivotal moment for Modo Yoga studios, likely enabling expansion of its digital offerings, enhancement of its teacher training curriculum, and potentially the establishment of new physical locations or partnerships. As a company in a large-scale, late-stage funding phase, Modo Yoga is poised to leverage this capital for further market penetration and consolidation within the competitive wellness and yoga industry, focusing on sustainable growth and community impact.
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