Mod Tech Labs
About this raise: Mod Tech Labs, with a valuation of $9 million, is raising funds on Wefunder. It is a digital media company that is digitizing the world with 3D. The all-in-one automated platform of Mod Tech Labs uses AI to change photos and videos to 3D objects and impossible worlds into reality. Mod Tech Labs has over 1,600 daily active users and has been used to create over 350,000 assets. The current crowdfunding campaign has a minimum target of $50,001 and a maximum target of $999,999. The campaign proceeds will be used for salaries, marketing, website development, sales hires, conferences, and travel.
Investment Overview
Invested : $68,474
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 08/16/2021
- Close Date
- 04/16/2022
$50,001
$999,999
$100
Equity - Preferred
Seed
RegCF
$1.27
$7,999,818
$8,999,795
Company & Team
Company
- Year Founded
- 2020
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
- $34,275
- Monthly Burn
- $33,593
-
Runway
- 1.7 months
- Gross Margin
- 68%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/16/2022 | Wefunder | $8,999,795 | $68,474 | Equity - Preferred | Funded | RegCF |