Modon Tech LLC.
Latest round
- Seed
Last raised
- Jun 2019
Total raised
- Undisclosed
Investors
- 1
About Modon Tech LLC.
Founded in 2015 in Mecca, Saudi Arabia, Modon Tech LLC specializes in delivering technology solutions that cater to specific industry challenges. The company was co-founded by Anas Basalamah, Saleh Basalamah, and Shaharyar Ali, with Mohamed Saif serving as CEO.Modon Tech LLC specializes in providing innovative solutions tailored to meet the evolving needs of its customers through a diverse range of products and services. Their core offerings are designed to address specific challenges faced by industries such as healthcare, technology, and consumer goods. Each product is engineered to enhance efficiency, optimize performance, and deliver measurable outcomes, ultimately improving the end-user experience. Key clients include major players in the aforementioned sectors, with a focus on markets in North America, Europe, and parts of Asia, where the demand for these solutions has significantly grown.The company's revenue model is built around multi-faceted transaction structures, encompassing direct sales, partnerships, and B2B engagements. Revenue is generated through various streams, including subscription-based services and one-time purchases of flagship products, which are specifically designed to cater to niche markets. Clients may engage in long-term contracts that offer tiered pricing based on the volume of services utilized, while others may opt for direct purchases of their trademarked solutions. This approach fosters a sustainable revenue flow, ensuring that the company can respond adeptly to customer demands and market dynamics.Modon Tech LLC aims for future growth by launching new products designed to meet emerging market needs, with specific rollout plans targeting the end of 2022. The company is also focused on expanding its footprint into new markets, particularly in Southeast Asia and Europe, by 2023.
Who invested in Modon Tech LLC.
1 investor across 1 round
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Funding rounds
Seed
Jun 18, 2019
Amount
Undisclosed
Investors
Questions about Modon Tech LLC.
Who invested in Modon Tech LLC.?
Modon Tech LLC. has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Modon Tech LLC. raised?
Modon Tech LLC. has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Modon Tech LLC. last raise money?
Modon Tech LLC.'s most recent round on record is a Seed, in Jun 2019.
What does Modon Tech LLC. do?
Founded in 2015 in Mecca, Saudi Arabia, Modon Tech LLC specializes in delivering technology solutions that cater to specific industry challenges.
Where is Modon Tech LLC. headquartered?
Modon Tech LLC. is headquartered in Mecca, Saudi Arabia.
Which VCs invest in companies like Modon Tech LLC.?
Among active investors with capital left to deploy, MPCi, Luminous Ventures, Zijin Venture Capital and Legend Capital back software companies at Modon Tech LLC.'s stage. Their profiles are linked below.
VCs backing software startups at Seed
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