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Modanisa

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Offers clothing and accessories to women of all ages and offers shipping and delivery all over the world

Istanbul, TürkiyeFounded 2011Fashion
Valuation $100–250M Last recorded · 2024
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Modanisa and the history behind them.

About Modanisa

Modanisa.com is a pioneering e-commerce platform specializing in hijab fashion and modest clothing. Catering primarily to women who prefer modest attire, Modanisa operates in the global fashion market with a focus on Islamic fashion. The company offers a wide range of products including hijabs, jilbabs, abayas, shawls, and scarves, as well as swimwear, bags, cosmetics, shoes, evening wear, outerwear, accessories, loungewear, and underwear. Modanisa serves a diverse customer base worldwide, providing express delivery and a 60-day return policy to ensure customer satisfaction.

The business model of Modanisa revolves around direct-to-consumer online sales, leveraging its extensive product catalog to attract and retain customers. Revenue is generated through the sale of fashion items and accessories, with additional income streams from promotional campaigns and partnerships. The platform's user-friendly interface and multiple payment options, including credit cards and PayPal, enhance the shopping experience.

Modanisa's market position is strengthened by its commitment to offering high-quality, fashionable, and modest clothing at competitive prices. The company continuously updates its inventory to reflect the latest trends in hijab fashion, ensuring that customers have access to the newest styles.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2011
Headquarters
Istanbul, Türkiye
Employees
356
Open positions
1
Dealroom signal
64.2/100
Industry
Fashion
Sub-industry
Apparel, Accessories
Sector
Fashion, Accessories, Retail, Hard Tech
Business model
Manufacturing
Client focus
b2c

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Apr 2024 $100M $100M Re-Pie Asset Management ↗
EARLY VCOther financing Jul 2022 $20M $80M Goldman Sachs · Re-Pie Asset Management · European Bank for Reconstruction and Development · IPy ↗
Showing the latest 2 of 9 recorded eventsBook a demo for the full funding history →

Growth signals

Modanisa website traffic

Latest recorded traffic for Modanisa is 1M monthly website visits, down 16.7% over the last three months. Modanisa's team declined 7.3% over the past year.

Latest monthly visits1M 3-month web change-16.7% 1-year team growth-7.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Aslanoba Capital

Series A7 investors entered at this stage

  • IRIS
  • STC Ventures
  • Goldman Sachs
  • TechOne
  • IPy
  • Re-Pie Asset Management
  • European Bank for Reconstruction and Development

Series B and later1 investor entered at this stage

Team profiled 40 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇹🇷 Turkey96.5%
🇺🇸 United States0.7%
🇨🇦 Canada0.7%
🇲🇦 Morocco0.7%
🇮🇩 Indonesia0.7%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Modanisa on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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