Modal
High-performance AI infrastructure
New York, United States · Founded 2021 · $571.0M raised
- Headquarters
- New York
- 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, 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
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Funding History
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May 2026
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Seed through Series C — per-round amounts, valuations, and who invested in each round.
Investors
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