Modal Living designs and manufactures modular housing units that can be easily installed on residential properties, providing homeowners and investors with additional income opportunities through short- or long-term rentals. Their construction process utilizes recycled materials and minimizes waste, addressing the need for affordable and environmentally responsible housing solutions.
Funding
$8.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional on-site construction of additional dwelling units (ADUs) can be disruptive, time-consuming, and generate significant waste, while also facing increasing pressure to incorporate sustainable building practices. Homeowners and investors often seek efficient, cost-effective, and environmentally conscious methods to expand their property's living space and income potential.
Solution
Modal Living offers prefabricated, modular housing units designed for rapid installation on residential properties, providing a streamlined alternative to conventional construction. These ADUs are manufactured off-site using recycled materials and processes that minimize waste and carbon emissions. The units are available in various configurations, from studios to two-bedroom layouts, and can be customized to suit specific needs. Modal Living manages the entire process, including feasibility studies, site planning, permitting, manufacturing, and installation, ensuring a hassle-free experience for homeowners and investors looking to add rental income opportunities or flexible living spaces to their properties.
Target Audience
The primary target audience includes homeowners seeking to add rental income streams or flexible living spaces to their properties, as well as real estate investors and hospitality groups looking to expand their portfolios with efficient and sustainable housing solutions.
Features
- Modular construction process enabling rapid, single-day installation
- Flexible designs ranging from studio apartments to two-bedroom units
- Customization options available for projects with five or more units
- Sustainable construction practices utilizing recycled materials and minimizing waste
- Comprehensive project management, including feasibility studies, permitting, and site preparation