Modal
High-performance AI infrastructure
New York City, United States · Founded 2021 · $571.0M raised
- Headquarters
- New York City
- Employees
- 11–50
- Founded
- 2021
- Business Model
- B2B
- Website
- modal.com
- Total Funding
- $571.0M
- Last Round
- $355.0M Series CMay 2026
- Rounds
- 6
About
Modal is a serverless cloud compute platform purpose-built for AI and machine learning workloads. Developers use a single Python file to run inference, fine-tuning, batch jobs, and sandboxed environments at any scale — from zero to thousands of GPUs — with containers that boot instantly and entirely usage-based pricing.
Summary
Modal is an Artificial Intelligence company based in New York City, United States, founded in 2021. It has raised $571.0M in total across 6 rounds, most recently a $355.0M Series C round in May 2026. Investors include Redpoint Ventures, Lux Capital and Amplify Partners.
Tech & App Stack
5 technologies & apps tracked
Create a free account — 10 credits a month to unlock the full tech & app stack, funding history, and valuations.
Sign up to view the funding chart
Create a free account — you'll get 10 credits a month to unlock funding history, valuations, and tech stacks.
Funding History
May 2026
Sign up to see all 6 rounds
Full funding history, per-round amounts, and investor participation.
Investors
.png){kind=avatar}
Similar Companies
Cursor is the best way to code with AI, and built to make you extraordinarily productive.
Data-centric infrastructure to accelerate the development of AI
OpenAI is an AI research and deployment company dedicated to ensuring that general-purpose artifi...
Databricks is the pioneer of the data lakehouse, a unified platform for data science, machine lea...
AI compute infrastructure platform backed by NVIDIA.
Mistral is on a mission to push AI forward, to serve the open community and their enterprise cust...