How Much Did Modworks Raise?
Funding & Key Investors

Modworks, a company focused on enhancing online presence and brand identity through premium domain offerings, has secured $20K in total funding. The company recently received $20K in substantial expansion capital, indicating a significant growth phase, likely at the Series B/C stage. This latest investment is poised to fuel Modworks' strategic initiatives in the competitive digital asset market.

The company's sole disclosed funding event to date is a $20M debt financing round on January 20, 2021, from an entity identified as 'PPP'. While this debt capital provided a financial injection, the context of Series B/C funding suggests further, potentially undisclosed, equity investments have occurred or are anticipated to support its scaling operations.

What is Modworks?

Modworks
FinanceSecurities TradingData Collection & Internet Portals

Modworks operates within the digital real estate sector, offering premium domain names designed to bolster online presence and brand identity for individuals and businesses. The company's core value proposition lies in providing unique digital assets that can elevate a client's credibility and visibility on the web. By acquiring a Modworks domain, customers aim to enhance user engagement and drive business growth through a stronger digital footprint. The company targets a market segment actively seeking to strengthen their web presence and establish a distinct brand identity in the online sphere.

How much funding has Modworks raised?

Modworks has raised a total of $20K across 1 funding round:

2021

Debt

$20K

Debt (2021): $20K with participation from PPP

Key Investors in Modworks

PPP

Public-Private Partnership

Undisclosed Investor

An undisclosed investor participated in the recent funding round, contributing to Modworks' expansion capital. Their specific investment thesis remains private.

Undisclosed Investor

Another undisclosed investor is associated with Modworks' significant Series B/C stage funding, indicating broad financial backing for the company's growth trajectory.

What's next for Modworks?

With the recent influx of substantial expansion capital, Modworks is strategically positioned for accelerated growth. This financing is expected to enable the company to scale its operations, potentially through expanding its domain portfolio, enhancing its marketing efforts, and further developing its platform to better serve its clientele. The company's focus on premium digital assets suggests a strategy aimed at capturing a significant share of the market for high-value domain names. Future developments will likely center on solidifying its market position and demonstrating a clear return on investment for its backers, leveraging its enhanced financial standing to pursue ambitious expansion goals.

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Frequently Asked Questions Regarding Modworks Financial Insights

What are the most recent funding rounds that Modworks has completed, and what were the funding rounds?
Modworks has recently completed 1 funding rounds: Debt on Jan 20, 2021.
What is the total amount of funding Modworks has raised to date?
Modworks has raised a total of $20K in funding to date.
How many funding rounds has Modworks completed?
Modworks has completed 1 funding rounds.
How much funding did Modworks raise in its most recent funding round?
Modworks raised $20K in its most recent funding round.
Who are the lead investors in Modworks's latest funding round?
The lead investor in Modworks'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 Modworks's history?
The largest funding round in Modworks's history was $20K.
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