How Much Did Modus Raise?
Funding & Key Investors

Modus has secured $36K in total funding, with its most recent financing round bringing in $36K. This substantial Series B/C stage investment underscores the company's significant traction in addressing critical transportation needs within the nonprofit sector.

What is Modus?

Modus
TransportationRail, Bus & TaxiNon-Profit & Charitable Organizations

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:

2021

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.

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Frequently Asked Questions Regarding Modus Financial Insights

What are the most recent funding rounds that Modus has completed, and what were the funding rounds?
Modus has recently completed 1 funding rounds: Debt on Jan 22, 2021.
What is the total amount of funding Modus has raised to date?
Modus has raised a total of $36K in funding to date.
How many funding rounds has Modus completed?
Modus has completed 1 funding rounds.
How much funding did Modus raise in its most recent funding round?
Modus raised $36K in its most recent funding round.
Who are the lead investors in Modus's latest funding round?
The lead investor in Modus'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 Modus's history?
The largest funding round in Modus's history was $36K.
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