Modular Solutions closes financing round

Calgary-based Modular Solutions has secured a new round of funding from a strategic partner and local investors to scale its insurance software platform. The round was facilitated by Tailwind Ventures.

Founded in 2015, Modular offers configurable insurance SaaS for insurers, MGAs, and brokers looking to replace legacy systems. The platform supports end-to-end operations—from onboarding to claims—and the new funds will go toward improving onboarding, accelerating product enhancements, and integrating AI capabilities.

CEO Braden Bosch remains the majority shareholder.

“This capital raise marks a pivotal moment for Modular. We have brought an innovative software solution to the market, and with this investment, we can ensure low total cost of ownership and affordability while continuing to optimize and enhance our offering even further.” – Braden Bosch, Founder and CEO of Modular Solutions.

“Tailwind is delighted to have supported Modular in securing this financing. Braden and the team at Modular are building transformative solutions for an industry in desperate need of innovation, and our capital partners share our conviction that Modular will deliver. Tailwind is committed to its purpose of diligently preparing companies to scale and attract capital so they can create impact and value. Tailwind applies a proprietary, holistic and structured approach that we call diligent preparedness to build a better business. Better businesses go on to withstand the scrutiny of due diligence, secure capital, and generate returns for shareholders.” – Tailwind Ventures CEO, Darren Engels.