# Modapl Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/modapl-co

- Industry: Internet
- Headquarters: Seoul, South Korea
- Website: www.modapl.com
- Total disclosed funding: $3.2M
- Latest round: Seed (Feb 23, 2024)
- Investors on record: 3

## About

Based in Seoul, South Korea, and founded in 2023, Modapl Co., Ltd., a.k.a. Modapl operates as a mobility data company that focuses on providing a platform that includes data generated by cars, data generated by vehicle IoT devices, and data generated by smartphones to address mobility challenges. In February 2024, Modapl raised KRW 4.3 billion in seed funding from Samsung Fire & Marine Insurance, AUTO& Inc., and Schmidt.

The company provides the Vehicle IoT Hub System that standardizes and combines data related to various types of mobility data convergence, including data from cars, vehicle IoT devices, smartphones, and companies, for easy access by users. The system facilitates seamless data exchange between the Modaple platform and vehicle IoT devices, controlled through a user-friendly smartphone app.

## Funding rounds

- Seed, Feb 23, 2024, $3.2M — Samsung Fire & Marine Insurance, Schmidt, AUTO& Inc.

## Investors

- Samsung Fire & Marine Insurance — Seed
- Schmidt (https://capitalatlas.ai/funds/schmidt) — Seed
- AUTO& Inc. — Seed