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ModusBox Revenue & Funding (2024)

ModusBox generated an estimated $19.6M in annual revenue in 2024. Source: GetLatka estimate

ModusBox is a software company helping financial institutions and government regulators taking on interoperability and financial inclusion.

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ModusBox Revenue

In 2024, ModusBox's revenue reached $19.6M. The company previously reported $11.2M in 2023. Since its launch in 2010, ModusBox has shown consistent revenue growth.

ModusBox Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$5M$10M$15M$20M$25M20102012201420162018202020222024$0$3.3M$19.6MSource: GetLatka.com
YearMilestoneSource
2024ModusBox Hit $19.6m revenue in October 2024Estimated
2023ModusBox Hit $11.2m revenue in December 2023Estimated
2022ModusBox Hit $3.3m revenue in April 2022Not recorded
2010Launched with $0 revenue

ModusBox Valuation, Funding Rounds

ModusBox has not publicly disclosed its valuation. The company has raised $7.5M in total funding to date.

ModusBox has raised $7.5M in total funding across 1 round, most recently a $7.5M Series A round in 2022.

ModusBox Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$2M$0.4$4M$0.6$6M$0.8$8M$1$10M2010201220142016201820202022Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2022Series A$7.5M--Not recorded

Founder / CEO

David Wexler

CEO

David Wexler is the CEO at ModusBox. David attended SBGE at Seattle Pacific University.

ModusBox Employees & Team Size

ModusBox employs approximately 85 people as of 2026, up from 82 in 2023, including 1 sales reps that carry a quota.

ModusBox Team GrowthReported headcount over time02040608010020102012201420162018202020222024008585Source: GetLatka.com
YearMilestoneSource
2024Reached 85 employees (December 2024)Not recorded
2024Reached 82 employees (October 2024)Not recorded
2023Reached 82 employees (December 2023)Not recorded
2022Reached 70 employees (December 2022)Not recorded
2022Reached 60 employees (April 2022)Not recorded

Frequently Asked Questions about ModusBox

What is ModusBox's revenue?

As of 2024, ModusBox generated an estimated $19.6M in annual revenue.

Who founded ModusBox?

ModusBox was founded by David Wexler.

When was ModusBox founded?

ModusBox was founded in 2010.

Who is the CEO of ModusBox?

The CEO of ModusBox is David Wexler.

How much funding does ModusBox have?

ModusBox raised $7.5M across 1 round.

How many employees does ModusBox have?

As of 2024, ModusBox had 85 employees.

Where is ModusBox headquartered?

ModusBox is headquartered in Mercer Island, Washington, United States.

Compare ModusBox to the industry

ModusBox operates across multiple industries. Browse revenue, funding, and growth data for ModusBox in each sector below.

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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