Fundraising Fox

Modular Medical

NASDAQ: MODD

San Diego, US · Nevada corporation · 1 known investors

Modular Medical develops the MODD1, an insulin pump designed to simplify the transition from manual daily injections and to enable diabetes data sharing with care teams. It serves people with diabetes and their healthcare providers in the diabetes care market.

Founders & leadership

PM
Paul M. DiPernainFounder

Board

JE
James E. BesserBoard director
MC
Morgan C. FrankBoard director
DD
Duane DeSistoBoard director
PS
Philip SheibleyBoard director
EO
Ellen O'Connor VosBoard director
SF
Steven FelsherBoard director
CV
Carmen VolkartBoard director

Investors · 1

Also in the syndicate · 1

Manchester Explorer, L.P.lead

Funding

SEC filings, press & company announcements

$17.3M disclosed across 3 of 6 rounds · 2018–2026

  • Undisclosed amountpublic offeringMar 2026
    Source ↗
  • Undisclosed amountpublic offeringNov 2024

    Manchester Explorer, L.P. (lead)

    Source ↗
$12MraisedApr 2025 · 106 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Paul M. DiPernaExecutive Officer, Director
  • Duane DeSistoDirector
  • James E. BesserExecutive Officer
  • Philip SheibleyDirector
  • Ellen O'Connor VosDirector
  • Steven FelsherDirector
  • Carmen VolkartDirector
  • Morgan C. FrankDirector
Offering amount
$20M
Amount sold
$12M
Sales commissions
$919.7K
Placement agents
Newbridge Securities Corporation
First sale
Mar 2025
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.1MraisedFeb 2021 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Liam BurnsDirector
  • Paul M. DiPernaExecutive Officer, Director
  • Morgan FrankDirector
  • Stephen DalyExecutive Officer
  • William FebboDirector
Amount sold
$1.1M
Minimum investment
$1M
Proceeds to insiders
$50K
First sale
Feb 2021
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
Undisclosed amountofferedMar 2020 · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Paul M. DiPernaExecutive Officer, Director
  • Liam BurnsDirector
  • Morgan FrankDirector
  • William FebboDirector
  • Carmen VolkartDirector
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4.2MraisedApr 2019 · 18 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Morgan FrankDirector
  • Paul M. DiPernaExecutive Officer, Director
Offering amount
$7M
Amount sold
$4.2M
First sale
Nov 2018
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap

Companies competing with Modular Medical for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Modular Medical do?
Modular Medical develops the MODD1, an insulin pump designed to simplify the transition from manual daily injections and to enable diabetes data sharing with care teams. It serves people with diabetes and their healthcare providers in the diabetes care market.
Who founded Modular Medical?
Modular Medical was founded by Paul M. DiPerna.
How much funding has Modular Medical raised?
Modular Medical has disclosed $17.3M raised across 3 of its 6 known rounds.
Where is Modular Medical headquartered?
Modular Medical is headquartered in San Diego, US.