London, United Kingdom
Modulous is a promising disruptor in the construction industry, headquartered in the United Kingdom. Founded in 2018, the company is revolutionizing the sector with its unique ConTech proposition, focusing on efficiency and sustainability.
Their innovative approach addresses the pressing global housing shortage, aiming to eliminate a deficit of 500 million homes. Central to this is their proprietary TESSA software, which optimizes design, cost analysis, and project scheduling while meeting strict ESG criteria. This asset-light model, leveraging a globally scalable "Kit of Parts" strategy, minimizes capital investment and boosts efficiency by utilizing existing supply chains and local resources.
Their recent Venture Round investment on 01 November 2022, led by Elemental Excelerator, underscores their potential to align stakeholder interests and democratize the home-building process, marking them as a compelling prospect for investors in the IT, Real Estate, and Construction sectors.
