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Modo Labs

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We empower ordinary people to create extraordinary campus apps.

Boston, United StatesFounded 2010Other B2B Software
Valuation $50–100M Last recorded · 2016
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Modo Labs and the history behind them.

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 data

At 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

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Feb 2020 $5M $20M SE Ventures —
SERIES BOther financing Jul 2016 $10M $42M New Magellan Ventures · Education Growth Partners · Storm Ventures —
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Modo Labs website traffic

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.

Latest monthly visits11K 3-month web change+66.7% 1-year team growth-1.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

6 investors on the cap table

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

Series A3 investors entered at this stage

Series B and later1 investor entered at this stage

  • SE Ventures

Other known investors2 additional known investors

  • Schneider Electric
  • Tae Nahm
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 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
2 countries with
team presence
🇺🇸 United States98.5%
🇮🇳 India1.5%
2 countries shown

Market sentiment

Posts on X, past 7 days

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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