What is Modus?
Modus Inc. is a social enterprise based in Tulsa, Oklahoma, dedicated to eradicating transportation barriers for individuals and families reliant on social services. By providing safe, reliable, and dignified rides, Modus enables clients of social service organizations, educational institutions, and community projects to access essential appointments. The company's innovative approach not only promotes health, education, and opportunity for the approximately 82,000 Tulsans facing transportation vulnerabilities but also reduces operational costs for nonprofit partners, fostering a more equitable and connected community.
How much funding has Modus raised?
Modus has raised a total of $36K across 1 funding round:
Debt
$36K
Debt (2021): $36K with participation from PPP
Key Investors in Modus
PPP
Public-Private Partnership
What's next for Modus?
With substantial expansion capital from its recent funding, Modus is poised for significant growth. The company's strategic focus will likely involve scaling its operations to reach more individuals in need, potentially expanding its service area beyond Tulsa, and further developing its technology platform to optimize ride coordination and efficiency. This latest round of financing is expected to fuel initiatives aimed at solidifying Modus's position as a leader in nonprofit transportation solutions and enhancing its impact on community well-being.
See full Modus company page