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§ Venture Capital · Waite Hill, OH, USA
Modelve provides a cloud-based modeling platform for asset investment planning, empowering asset owners with advanced analytical capabilities. It facilitates strategic modeling to optimize budgets, mitigate risks, and achieve sustainability objectives through scenario generation, including climate impact assessments. The platform streamlines AI-driven Asset Management Plan creation, offering clear dashboards for reporting and community engagement.
Co-founded by Joel Brakey and Ashay Prabhu, Co-CEOs, Modelve was established to modernize complex asset management processes. They leveraged experience, recognizing a need for an intuitive, self-serve platform. Their founding insight focused on translating intricate technical data into clear, understandable outputs for diverse stakeholders, especially infrastructure and facility operators.
Modelve primarily serves asset owners in local government and regulated infrastructure, enabling effective management and communication of long-term strategies. Its vision is to provide tools balancing financial planning with community expectations and environmental resilience. Through interactive dashboards and simplified reporting, Modelve aims to enhance transparency, facilitate informed decision-making, and ensure the long-term viability of critical assets.
ModelVest has 1 tracked investment across 1 company. The latest tracked deal is $3.5M Other Equity in Neuros Medical in July 2012.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 18, 2012 | Neuros Medical | $3.5M Other Equity | Boston Scientific, Stephen R. Haynes | BlueTree Allied Angels, Case Tech Ventures, JumpStart Ventures, North Coast Ventures, Ohio Tech Angel Fund, Physician Investment Group, Queen City Angels, RiverVest Venture Partners |