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Modapl logo — Mobility Data Platform

Modapl

Mobility Data Platform

Founded 2023 Korea South Korea South 8 employees Seed Total: $4.30B Data Analytics, Information Technology +1

General Information

Company Name Modapl
Founded Year 2023
Location Korea South Korea South
Employees 8
Industries Data Analytics, Information Technology, Internet
Funding Stage Seed
Social

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About Modapl

Modapl is a Korean South-based mobility data platform startup that was founded in 2023. The company's mission is to make all mobility data accessible to everyone. Modapl is developing a platform for circulating mobility data, including data generated from cars, vehicle IoT devices, and smartphones, as well as data held by various companies in the mobility industry. The company aims to standardize and combine previously siloed mobility data, believing that this will solve problems that individual data cannot address. The team at Modapl consists of individuals with experience in the Hyundai Motor Company and the startup ecosystem. The company has secured an initial investment from partner companies, including Samsung Venture Investment, Schmidt, and Auto, who recognize the potential of joining the Modapl platform. Modapl plans to launch its first product for the mobility data platform, a vehicle IoT hub system, for the circulation of data between IoT devices and the Modapl platform. The IoT hub connects to vehicle IoT devices to receive data and can also be controlled by the Modapl app on smartphones. The company aims to release the IoT hub system and app in 2024 and iterate quickly to find product-market fit. Modapl recently secured a KRW4.30B Seed Round investment on 23 February 2024.

Business keywords: mobility data, platform, startup, data integration, IoT devices, smartphone app, data standardization, investment, smart mobility, data platform, tech ecosystem, product-market fit

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round KRW4.30B 3
Samsung Venture Investment Schmidt
Samsung Venture Investment, Schmidt +1
23 Feb 2024

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FAQ About Modapl

Mobility Data Platform
Modapl was founded in 2023.
Modapl is headquartered in Korea South.
Modapl operates in Data Analytics, Information Technology and Internet. Its work centres on mobility data, platform, startup and data integration.
Modapl has approximately 8 employees.
Modapl has completed 1 funding round, raising a total of $4.30B. The latest funding stage is Seed.
Top alternatives and competitors to Modapl include pado, ObjectBox, KaiOS Technologies, Inc., Blue Systems, techugo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Modapl and pado are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Modapl, https://bouncewatch.com/company/modapl, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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