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