Modal Living (Equity)

Funding Details
Awarder
StartEngine
Date Award
April 27, 2022
Vertical
Real Estate
Funding URL
View Funding Page
Premoney Valuation
$15,030,000,000,000
Valuation
$15,030,000,000,000
Funding Amount:
$243,547,740,000

Company Info
Founding Year
2019
Traction
Modal has achieved 1,200% YOY revenue growth from 2019 to 2020 and signed contracts worth $6.5 million to date. They have successfully delivered dozens of ADUs in multiple states and are at an inflection point ready to scale.
Revenue Amount
$6,500,000
Organizations Involved
StartEngine Capital, LLC
Founders
Colin Jube, Scott Stowell, Dan Barrell
Company Description
Modal Living is committed to providing a better way of life through modular, accessible, and responsible housing.
Market
Housing
Location
Salt Lake City, UT, US
Coinvestors
StartEngine Capital, LLC

Links