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Modo Labs
We empower ordinary people to create extraordinary campus apps.
About Modo Labs
Modo Labs, Inc. provides a no-code application development platform for enterprises and higher education institutions, enabling them to create unified and personalized mobile-first experiences. Founded in 2010 by Andrew Yu and Eric Kim, the company originated from an open-source project at the Massachusetts Institute of Technology (MIT) called the MIT Mobile Framework, which was initiated by Yu in 2007. Andrew Yu, a Harvard graduate with a background in physics and East Asian studies who also studied at MIT, leveraged his expertise in mobile technology to establish the company.
The firm operates on a Software-as-a-Service (SaaS) business model, generating revenue by offering subscriptions to its platform. This platform allows organizations, even those without technical staff, to build and deploy branded applications that consolidate access to various tools, resources, and communications. Modo Labs serves two primary market segments: corporate workplaces and higher education campuses. For corporate clients, the 'Modo Workplace' product streamlines employee experiences with features like space reservations, team scheduling, and facility requests. For academic institutions, the 'Modo Campus' solution enhances student engagement by integrating with Learning Management Systems (LMS) and Student Information Systems (SIS), providing access to course information, campus news, and interactive maps.
The core of Modo Labs' offering is its low-code platform that allows for extensive customization and integration with a multitude of third-party systems, including calendars, HR systems, and building management controls. Key features include out-of-the-box templates, real-time analytics to monitor user engagement, and the ability to send targeted push notifications. The platform is designed for scalability and security, meeting the demands of large global organizations. The company has also integrated AI capabilities to offer features like intelligent recommendations and AI agents for user support. Throughout its history, Modo Labs has secured funding from investors such as New Magellan Ventures, Storm Ventures, and Education Growth Partners. The company has also expanded through acquisitions, including RojoServe in 2022.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2010
- Headquarters
- Boston, United States
- Employees
- 87
- Open positions
- None listed
- Dealroom signal
- 65.5/100
- Industry
- Enterprise Software
- Sector
- Other B2B Software, Creating
- Business model
- SaaS
- Client focus
- b2c
- Investment activity
- 2 companies, latest Jan 2022
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Feb 2020 | $5M | $20M | SE Ventures | — |
| SERIES BOther financing | Jul 2016 | $10M | $42M | New Magellan Ventures · Education Growth Partners · Storm Ventures | — |
Growth signals
Latest recorded traffic for Modo Labs is 11K monthly website visits, up 66.7% over the last three months. Modo Labs's team declined 1.1% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
UlyngoSan Francisco, United StatesA marketplace solution for Universities
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Storm Ventures- NVNew Magellan Ventures
Education Growth Partners
Series B and later1 investor entered at this stage
SE Ventures
Other known investors2 additional known investors
Schneider Electric
Tae Nahm
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Modo Labs 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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