Modular Solutions Closes Significant Financing Round to Enhance Insurance Software Platform
CALGARY, AB, June 19, 2025 – Tailwind Ventures is pleased to announce that their Calgary-based client Modular Solutions has successfully secured financing from a strategic industry partner and a syndicate of private investors. The funding will be used to optimize client onboarding, enhance the platform, and invest in artificial intelligence to deliver greater value to customers across the insurance industry.
Modular Solutions provides next-generation insurance SaaS technology that enables providers to break free from legacy software, improving operational efficiency, financial performance, and customer experience. The company’s platform is designed to empower insurers and brokers with responsive technology that transforms workflows and automates critical operations.
“This capital raise marks a pivotal moment for Modular,” said Braden Bosch, Founder and CEO of Modular Solutions. “With this investment, we can ensure low total cost of ownership while continuing to optimize and enhance our offering.”
Tailwind Ventures CEO Darren Engels expressed delight in supporting Modular, stating, “Braden and the team at Modular are building transformative solutions for an industry in desperate need of innovation. Our capital partners share our conviction that Modular will deliver significant impact.”
The financing round represented the fifth largest seed stage financing for Insurtech companies in North America, achieving the second highest pre-money valuation among comparable companies since January 1, 2023, according to Pitchbook data. Braden Bosch remains the majority shareholder, committed to enabling the best insurance experience globally.
About Modular Solutions
Founded in 2015, Modular Solutions delivers innovative technology to the insurance industry through its modular, fully integrated platform. This enables insurers, mutuals, MGAs, and brokers to manage operations seamlessly through a single software solution. The platform is designed to be affordable and configurable, empowering businesses to innovate and thrive in a competitive market.
About Tailwind Ventures
Tailwind Ventures empowers early-stage companies to withstand due diligence scrutiny and secure capital. Their diligent preparedness process enables ventures to build stronger businesses, improving the risk-reward relationship for ventures and investors. Since 2022, Tailwind Ventures has raised over C$370 million for clients.
