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Modius Health - About the company

Modius Health is a seed company based in Belfast (United Kingdom), founded in 2017 by Jason McKeown. It operates as a Device for weight loss. Modius Health has raised $1.59M in funding from Techstart Ventures. The company has 355 active competitors, including 18 funded and 5 that have exited. Its top competitors include companies like Roxfit, CoolSculpting and Standard Bariatrics.

Company Details

Modius Health has developed a device for weight loss. The device provides non-invasive vestibular stimulation for the reduction in the body fat. The device produces a small electrical pulse to activate the vestibular system. The device can be connected to the Modius app for tracking the duration and the progress of the weight loss program.
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Email ID
*****@modiushealth.com
Part Of
Key Metrics
Founded Year
2017
Location
Belfast, United Kingdom
Stage
Seed
Total Funding
$1.59M in 1 round
Latest Funding Round
Ranked
Employee Count
21 as on Dec 31, 2021
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Modius Health's funding and investors

Modius Health has raised a total funding of $1.59M over 1 round. Its latest funding round was a Seed round on Oct 17, 2017 for $*****. 1 investor participated in its latest round. Modius Health has 2 institutional investors.

Here is the list of recent funding rounds of Modius Health:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 17, 2017
8650375
Seed
1430737
6713794
6239070
7361015
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Modius Health's founders and board of directors

Founder? Claim Profile
The founders of Modius Health is Jason McKeown. Jason McKeown is the CEO of Modius Health.
Here are the details of Modius Health's key team members:

Modius Health's employee count trend

Modius Health has 21 employees as of Dec 21. The total employee count is 24.0% more than what it was in Dec 20. Here is Modius Health's employee count trend over the years:
Employee count trend for Modius Health
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Modius Health's Competitors and alternates

Top competitors of Modius Health include Roxfit, CoolSculpting and Standard Bariatrics. Here is the list of Top 10 competitors of Modius Health, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Roxfit
Roxfit
2024, London (United Kingdom), Seed
Provider of a workout tracking app with intra workout guidance and post workout analysis
$3.62M
62/100
2nd
Logo for CoolSculpting
CoolSculpting
2005, Pleasanton (United States), Public
Permanently eliminate treated fat with CoolSculpting, a non-surgical body contouring
-
60/100
3rd
Logo for Standard Bariatrics
Standard Bariatrics
2014, Cincinnati (United States), Acquired
Provider of medical devices for the surgical treatment of obesity
$35.5M
52/100
4th
Logo for Kayyo
Kayyo
2022, San Francisco (United States), Funding Raised
AI-powered application for fitness training and tracking
-
48/100
5th
Logo for MyFitCoach
MyFitCoach
2019, Hannover (Germany), Unfunded
Provider of AI-powered personalized fitness and nutrition plans
-
-
48/100
6th
Logo for Hevy
Hevy
2019, Berlin (Germany), Unfunded
Mobile app for workout tracking and training
-
-
46/100
7th
Logo for Myworkout
Myworkout
2013, Trondheim (Norway), Unfunded
App offering workout plans
-
-
45/100
8th
Logo for BurnFit
BurnFit
2020, Seoul (South Korea), Seed
Provider of fitness and workout tracking app
-
45/100
9th
Logo for RepCount
RepCount
2013, Stockholm (Sweden), Unfunded
App to track workouts
-
-
45/100
10th
Logo for GymKeeper
GymKeeper
2022, Helsinki (Finland), Unfunded
Provider of an application for tracking workouts
-
-
45/100
14th
Logo for Modius Health
Modius Health
2017, Belfast (United Kingdom), Seed
Device for weight loss
$1.59M
43/100
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Modius Health's Investments and acquisitions

Modius Health has made no investments or acquisitions yet.

Reports related to Modius Health

Here is the latest report on Modius Health's geography:

News related to Modius Health

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