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Valuation

$16.2M

2021 Revenue

$5.4M

Funding

$0

Team

55

Founded

2016

How Modal CEO Aaron Krane grew Modal to $5.4M revenue with a 55 person team in 2021.

digital commerce for the world’s largest auto retailers and brands.

Last updated

Modal Revenue

In 2021, Modal's revenue reached $5.4M. Since its launch in 2016, Modal has shown consistent revenue growth.

Modal Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M201620172018201920202021$0$5MSource: GetLatka.com
YearMilestone
2021Modal Hit $5.4m revenue in January 2021
2016Launched with $0 revenue

Modal Valuation, Funding Rounds

Modal's most recent disclosed valuation is $16.2M.

Modal is a bootstrapped Other Marketing Software startup. Founded in 2016, Modal has grown to $5.4M in revenue without raising any venture capital or outside funding.

As a self-funded Other Marketing Software SaaS company, Modal has built its business with no outside investment.

Modal Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120162016 cumulative: $0 • 2016 Founded: $02016 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Modal Employees & Team Size

Modal employs approximately 55 people as of 2026.

Modal has 55 total employees in different roles and functions.

Modal Team GrowthReported headcount over time01325385063201620172018201920202021005555Source: GetLatka.com
YearMilestone
2021Reached 55 employees (January 2021)

Founder / CEO

Aaron Krane

Aaron Krane (born in Boston, Massachusetts) is an American entrepreneur. He is the founder and CEO of Drive Motors. He was the founder and CEO of Hitpost, a mobile app company acquired by Yahoo in 2013, and originally backed by Khosla Ventures and Floodgate.

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Customers

We do not have customer count information for Modal yet.

Frequently Asked Questions about Modal

What is Modal's revenue?

Modal generates $5.4M in revenue.

Who founded Modal?

Modal was founded by Aaron Krane.

Who is the CEO of Modal?

The CEO of Modal is Aaron Krane.

How much funding does Modal have?

Modal raised $0.

How many employees does Modal have?

Modal has 55 employees.

Where is Modal headquarters?

Modal is headquartered in United States.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Modal Revenue 2021: $5.4M ARR, $16.2M Valuation