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Modulous
Software platform for construction companies
- 21-100 employees
- B2B
- Internal tools
- Construction
- SaaS
- Holborn, London, UK
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Company mission
To help eliminate the global housing deficit while improving industry efficiency, designing out waste and raising quality and performance standards.
Our take
The housing industry is on the precipice of crisis, with unsustainable building practices and a global shortfall of housing stock. These are the mammoth problems Modulous tells us it can address with its software platform managing the delivery of modular housing from conception to construction.
Its model is an intelligent one - it works with suppliers to create standardised supply chain of modular parts and allows construction companies to pre-visualise their assembly and risk, removing the need for permanent factories and letting companies hire assembly spaces near their construction sites instead.
It’s a little convoluted to express in layman’s terms, but the upshot is that Modulous’s model enables housing to be built more quickly, with a lower carbon footprint and less waste - doing what they can to remould the construction industry for a housing-shortage-climate-crisis world. It does have competitors - like TopHat in the UK or Veev in the US - but its focus on removing the need for permanent factories sets it apart somewhat, and these competitors feel indicative of a general movement within the construction industry that bolster’s Modulous’s position, rather than threatening it.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Wellbeing & Social: Our team are an active and social group who connect through weekly wellbeing sessions, regular monthly socials and ad-hoc events, including fundraising.
- Cycle Scheme: Modulous has partnered with Cycle Scheme to help team members make the most of their active commute.
- Flexible Working: We offer flexibility to all of our team members, giving teams the autonomy to choose how they work to deliver the best outcomes
- Generous Annual Leave: A generous leave allowance helps people spend time with those who matter, and to take the time we all need to relax and recharge.
- Life Insurance / Assurance: All team members are eligible for Life Assurance (U.K.) or Life Insurance (U.S.) that offers a range of additional health and wellbeing benefits
- Private Medical Insurance: All team members are eligible for private medical insurance that offers peace of mind when health issues arise.
- Health & Fitness: A monthly allowance encourages our team members to keep moving, because we know that healthy mind and body go hand in hand
- Clear Objectives: We strive for performance through Big Picture Measures, and have a six monthly performance evaluation cycle as well as regular development feedback
- Referral Reward: Great people know great people. Team members are rewarded for introducing new team members
Funding (2 rounds)
Sep 2022
$12.7m
SERIES A
Jun 2021
$6.4m
SEED
Total funding: $19.1m
Leadership
Romill Bettany
(CBDO)Previously Associate Director at Ramboll, and Co-founder and Director of Optimise.
Chris Bone
(CEO)Previously founded Safe Consulting, Globalsport and Optimise, and was CEO of Bone Steel.
Chris Mortensen
(CPO)Formerly Mechanical Project Engineer at Interface Engineering, Senior Engineer at Atelier Ten, and Technical Director at Hydrock.
Markus Cosmann
(MD Europe)Former Head of Fire Engineering at Lawrence Webster Forrest, Project Director at Ramboll and Director at Optimise.
Reimell Ragnauth
(CCO)Previously an Associate at HSBC, Associate Director at Deloitte and 3i Group, and Chief BD Officer at Glint.