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Valuation

$540K

2024 Revenue

$5M

Funding

$100K

Team

12

Founded

2015

How Modex CEO Dale Iii grew to $5M revenue with a 12 person team in 2024.

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Modex Revenue

In 2024, Modex's revenue reached $5M. The company previously reported $180K in 2020. Since its launch in 2015, Modex has shown consistent revenue growth.

Modex Revenue GrowthReported revenue / ARR over time$0$1M$3M$4M$5M$6M201520172019202120232024$0$180K$5MSource: GetLatka.com
YearMilestoneQuote
2024Modex Hit $5m revenue in June 2024
2020Modex Hit $180k revenue in January 2020
2015Launched with $0 revenue

Modex Valuation, Funding Rounds

Modex's most recent disclosed valuation is $540K.

Modex has raised $100K in total funding across 1 round, most recently a $100K Angel Round round in 2015.

Modex Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$25K$50K$75K$100K$125K20152015 cumulative: $100K • 2015 Angel Round: $100K$100KSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2015Angel Round$100K--

Founder / CEO

Dale Iii

Dale Iii is listed as Founder / CEO at Modex.

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Customers

We do not have customer count information for Modex yet.

Modex Employees & Team Size

Modex employs approximately 12 people as of 2026.

Modex Team GrowthReported headcount over time0815233038201520172019202120232024001212Source: GetLatka.com
YearMilestone
2024Reached 12 employees (October 2024)
2023Reached 12 employees (December 2023)
2022Reached 12 employees (December 2022)
2020Reached 30 employees (January 2020)

Frequently Asked Questions about Modex

What is Modex's revenue?

Modex generates $5M in revenue.

Who founded Modex?

Modex was founded by Dale Iii.

Who is the CEO of Modex?

The CEO of Modex is Dale Iii.

How much funding does Modex have?

Modex raised $100K.

How many employees does Modex have?

Modex has 12 employees.

Where is Modex headquarters?

Modex is headquartered in Lynnwood, Washington, United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Modex Revenue 2024: $5M ARR, $540K Valuation