2024 Revenue
$19.6M
Funding
$7.5M
YOY
75%
Team
85
Founded
2010
How ModusBox CEO David Wexler grew to $19.6M revenue with a 85 person team in 2024.
ModusBox is a software company helping financial institutions and government regulators taking on interoperability and financial inclusion.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | ModusBox Hit $19.6m revenue in October 2024 | |
| 2023 | ModusBox Hit $11.2m revenue in December 2023 | |
| 2022 | ModusBox Hit $3.3m revenue in April 2022 | |
| 2010 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2022 | Series A | $7.5M | - | - |
Founder / CEO
David Wexler
CEO
David Wexler is the CEO at ModusBox. David attended SBGE at Seattle Pacific University.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for ModusBox yet.
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.
| Year | Milestone |
|---|---|
| 2024 | Reached 85 employees (December 2024) |
| 2024 | Reached 82 employees (October 2024) |
| 2023 | Reached 82 employees (December 2023) |
| 2022 | Reached 70 employees (December 2022) |
| 2022 | Reached 60 employees (April 2022) |
Frequently Asked Questions about ModusBox
What is ModusBox's revenue?
ModusBox generates an estimated $19.6M in annual revenue.
Who founded ModusBox?
ModusBox was founded by David Wexler.
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?
ModusBox has 85 employees.
Where is ModusBox headquarters?
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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