Funding › AI infrastructure

Modal funding

Modal offers a serverless cloud platform for running AI inference, training and batch jobs on GPUs from Python code. Headquarters: New York, United States. Website: modal.com.

Funding rounds

  1. Modal raises $355M Growth, . AI infrastructure. Led by Redpoint Ventures, General Catalyst. Modal offers a serverless cloud platform for running AI inference, training and batch jobs on GPUs from Python code.
  2. Modal raises $87M Series B, . AI infrastructure. Led by Lux Capital. Modal offers a serverless cloud platform for running AI inference, training and batch jobs on GPUs from Python code.

Questions

How much has Modal raised?

Modal has raised $442M in the 2 rounds Funding tracks, most recently a Growth announced May 21, 2026.

What is Modal's valuation?

Modal was valued at $4.7B in its Growth round (May 21, 2026), as reported at the time.

Who invests in Modal?

Redpoint Ventures, General Catalyst, Accel, Menlo Ventures, Lux Capital.