Modular Solutions
Latest round
- Seed
Last raised
- Jun 2025
Total raised
- Undisclosed
Investors
- 2
About Modular Solutions
Modular Solutions, based in Canada, provides a robust modular insurance software platform that facilitates streamlined operations for insurers, MGAs, and brokers, enhancing their overall efficiency and effectiveness in the insurance sector. Founded in 2015, Modular Solutions specializes in insurance software solutions designed for small to mid-sized organizations. The company is headquartered in Calgary, Canada. It has engaged in one deal, with the most recent occurring on June 19, 2025. The firm's focus has remained consistent since its inception, targeting the insurance industry with innovative technology solutions. Modular Solutions offers a comprehensive, modular insurance software platform tailored for insurers, mutuals, managing general agents (MGAs), and brokers. This platform includes nine service-based modules that enable clients to configure and manage their operations without developer assistance. Key functionalities encompass underwriting automation, policy lifecycle management, claims processing, and financial tracking, aimed at modernizing insurance processes. The software is crafted to meet the unique needs of small to mid-sized organizations, providing features typically accessible to larger carriers. Although primarily focused on the Canadian market, the company also plans to extend its services to the United States and other regions through third-party integrations and customizable client solutions. Modular Solutions generates revenue via a subscription-based model, where clients pay for access to the software platform and its various modules. The pricing structure is tiered based on the features utilized by clients, such as the Claims Module or Product Module, which enhance their underwriting and claims processes. The company emphasizes B2B relationships, partnering primarily with MGAs, brokers, and insurance companies. Revenue may also grow through additional services such as custom development, data migration, and ongoing support tailored to individual client needs. Additionally, Modular Solutions is working on introducing new products and expanding its reach into the United States and other international markets.
Who invested in Modular Solutions
2 investors across 1 round
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Funding rounds
Seed
Jun 19, 2025
Amount
Undisclosed
Investors
Questions about Modular Solutions
Who invested in Modular Solutions?
Modular Solutions has 2 investors 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 Modular Solutions raised?
Modular Solutions has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Modular Solutions last raise money?
Modular Solutions's most recent round on record is a Seed, in Jun 2025.
What does Modular Solutions do?
Modular Solutions, based in Canada, provides a robust modular insurance software platform that facilitates streamlined operations for insurers, MGAs, and brokers, enhancing their overall efficiency and effectiveness in the insurance sector.
Where is Modular Solutions headquartered?
Modular Solutions is headquartered in Calgary, Canada.
Which VCs invest in companies like Modular Solutions?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Modular Solutions's stage. Their profiles are linked below.
VCs backing software startups at Seed
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