Modal
High-performance AI infrastructure
New York, United States · Founded 2021 · $1.3B raised
- Headquarters
- New York
- Employees
- 11–50
- Founded
- 2021
- Business Model
- B2B
- Website
- modal.com
- Total Funding
- $1.3B
- Last Round
- $750.0M Series DOct 2026
- Rounds
- 7
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 7 funding rounds and 8 investors for this company. The full record is or through the API.
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 $1.3B in total across 7 rounds, most recently a $750.0M Series D round in Oct 2026. Investors include Amplify Partners, Redpoint Ventures and Lux Capital.
Tech & App Stack
12 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
Oct 2026
Sign up to see all 7 events
Funding: Seed through Series D. Amounts, valuations, and investors where available.
Investors
Similar Companies
Mistral co-creates tailored AI systems for enterprises and governments, combining frontier models...
Cursor is the best way to code with AI, and built to make you extraordinarily productive.
Scale AI provides high-quality data and full-stack technologies that power the world's leading AI...
OpenAI is an AI research and deployment company dedicated to ensuring that general-purpose artifi...
Appears in
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/modal"><img src="https://indexed.vc/api/badge/company/modal" alt="Modal on Indexed.vc" width="260" height="76" /></a>