Modu Ltd.

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Modu Ltd. - overview

Established

2007

Location

Kefar Sava, -, Israel

Primary Industry

Telecoms

About

Modu Ltd. is a mobile software development firm specializing in creating user-friendly applications for diverse devices, enhancing productivity, engagement, and e-commerce solutions for businesses and consumers. Modu Ltd. was founded in 2007 in Kefar Sava, Israel, focusing on mobile software development.


The company was founded by Adriana De Avó, who has previously founded other companies. It has completed a total of 4 deals and has raised USD 7. 00 mn through its latest funding round, led by Qualcomm. Modu Ltd.


has not disclosed any subsidiaries or significant business pivots. ModuMobile specializes in a comprehensive suite of mobile software development services for smartphones, tablets, and personal digital assistants. Their core offerings include user-friendly applications that cater to business productivity, social media, entertainment, and e-commerce solutions. The company serves a diverse clientele, including small businesses, individual entrepreneurs, and larger corporations across North America, Europe, and Asia, focusing on functionality and user experience in their applications.


ModuMobile generates revenue through various business models, primarily B2B partnerships and direct-to-consumer sales. Their revenue structure includes subscription-based services for ongoing support and updates, along with one-time fees for app purchases. Flagship products consist of customized mobile apps, marketed through partnerships with digital retailers and distributors. Their pricing plans are structured in tiers, accommodating different business sizes and needs, ensuring a robust financial foundation for ongoing technology advancement and market expansion.


Modu Ltd. has ceased operations and is no longer pursuing future growth initiatives or product development.


Current Investors

Genesis Partners, Gemini Israel Ventures

Primary Industry

Telecoms

Sub Industries

Telecoms Equipment

Website

www.modumobile.com

Company Stage

Ceased Operations

Total Amount Raised

Subscriber access only

Modu Ltd. - employee data

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