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.
- Website
- modiushealth.com
- Email ID
- *****@modiushealth.com
Key Metrics
Founded Year
2017
Location
Belfast, United Kingdom
Stage
Seed
Total Funding
$1.59M in 1 round
Latest Funding Round
Investors
Ranked
14th among 355 active competitors
Employee Count
21 as on Dec 31, 2021
Sign up to download Modius Health's company profile
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 |
View details of Modius Health's funding rounds and investors
Modius Health's founders and board of directors
Founder? Claim ProfileThe 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:
- Jason McKeown: Founder & CEO of Modius Health.
View details of Modius Health's Founder profiles and Board 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:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
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:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | 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 | CoolSculpting 2005, Pleasanton (United States), Public | Permanently eliminate treated fat with CoolSculpting, a non-surgical body contouring | - | 60/100 | |
3rd | Standard Bariatrics 2014, Cincinnati (United States), Acquired | Provider of medical devices for the surgical treatment of obesity | $35.5M | 52/100 | |
4th | Kayyo 2022, San Francisco (United States), Funding Raised | AI-powered application for fitness training and tracking | - | 48/100 | |
5th | MyFitCoach 2019, Hannover (Germany), Unfunded | Provider of AI-powered personalized fitness and nutrition plans | - | - | 48/100 |
6th | Mobile app for workout tracking and training | - | - | 46/100 | |
7th | App offering workout plans | - | - | 45/100 | |
8th | BurnFit 2020, Seoul (South Korea), Seed | Provider of fitness and workout tracking app | - | 45/100 | |
9th | App to track workouts | - | - | 45/100 | |
10th | Provider of an application for tracking workouts | - | - | 45/100 | |
14th | Modius Health 2017, Belfast (United Kingdom), Seed | Device for weight loss | $1.59M | 43/100 |
Looking for more details on Modius Health's competitors? Click here to see the top ones
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
•
•
•
•
Are you a Founder ?
FAQs about Modius Health
Explore our recently published companies
- Auto-Ankauf-Muehlhausen - Germany based, Unfunded company
- Inocean Technology - Richmond based, 2008 founded, Unfunded company
- Velox Mart - Gandhinagar based, 2022 founded, Unfunded company
- Nielsenretail - United Kingdom based, Unfunded company
- AFIANT - Deadpooled company
- Just one Planet - Jaipur based, 2011 founded, Unfunded company
_1531806248669.png?format=webp&height=120&width=120)