Modular

formerly Modular AI

Building AI's unified compute layer

San Jose, United States · Founded 2022 · $380.0M raised

Employees
51–200
Founded
2022
Business Model
B2B
Total Funding
$380.0M
Last Round
$250.0M Series CSep 2025
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Modular builds AI's unified compute layer through MAX, a scalable inference platform serving 500+ models, and Mojo, a high-performance Python-compatible programming language. Founded in 2022 by Chris Lattner and Tim Davis, the company enables developers to build and deploy AI across any hardware without vendor lock-in. Modular has raised $380M at a $1.6B valuation and acquired BentoML in 2026 to extend cloud AI deployment.

Summary

Modular is an Artificial Intelligence company based in San Jose, United States, founded in 2022. It has raised $380.0M in total across 3 rounds, most recently a $250.0M Series C round in Sep 2025. Investors include General Catalyst.

Tech & App Stack

17 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

Series CSeries CSep 2025
$250.0M

Sign up to see all 3 events

Funding: Series A through Series C. Amounts, valuations, and investors where available.

Investors

Similar Companies

Mistral AI

Mistral co-creates tailored AI systems for enterprises and governments, combining frontier models...

Paris, France501–1000Artificial Intelligence, Generative AI
Series DTotal funding$7.0BSep 2026
Zhipu AIIPO

Chinese AI company developing GLM large language models and multimodal agent APIs for enterprises...

Beijing, China501–1000Artificial Intelligence, Developer Tools
Venture RoundTotal funding$5.5BJul 2026
Cognition

AI software engineering company building Devin, an autonomous AI coding agent capable of planning...

San Francisco, United States51–200Artificial Intelligence, Developer Tools
Venture RoundTotal funding$4.1BSep 2026
CursorAcquired

Cursor is the best way to code with AI, and built to make you extraordinarily productive.

San Francisco, United States51–200Artificial Intelligence, Developer Tools
Series DTotal funding$3.6BNov 2025
SambaNova Systems

Provides AI inference hardware and cloud platform for enterprises, using RDUs and SambaCloud to r...

Palo Alto, United States201–500Artificial Intelligence, Developer Tools
Series FTotal funding$2.5BJul 2026
UiPathIPO

UiPath provides an enterprise automation platform that coordinates AI agents, software robots, pe...

New York, United States1001–5000Artificial Intelligence, Automation
Venture RoundTotal funding$2.5BMar 2026

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

Modular on Indexed.vc
<a href="https://indexed.vc/companies/modular"><img src="https://indexed.vc/api/badge/company/modular" alt="Modular on Indexed.vc" width="260" height="76" /></a>