Calgary-based insurtech Modular Solutions has secured a significant seed round led by Tailwind Ventures, joined by Clear North Capital and other private investors. The raise ranks among the top five seed-stage financings for North American insurtechs since 2023, with the second-highest pre-money valuation in the sector.
Formerly known as Nude Solutions, Modular offers configurable insurance software to replace outdated legacy systems. Funds will enhance AI capabilities, onboarding, and platform upgrades. CEO Braden Bosch remains majority shareholder and aims to scale without compromising affordability. Tailwind and Clear North emphasized the company’s strong trajectory and strategic local backing.
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