Funding › AI infrastructure

Modal raises $355M Growth

Modal: Modal offers a serverless cloud platform for running AI inference, training and batch jobs on GPUs from Python code.

Round
Growth
Amount
$355M
Announced
Valuation
$4.7B
Lead investors
Redpoint Ventures, General Catalyst
Also investing
Accel, Menlo Ventures
Headquarters
New York, United States

Source

More: Modal funding history · rounds in May 2026 · rounds in United States

Other Modal rounds

  1. 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.