Funding › AI infrastructure

Modal raises $87M Series B

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

Round
Series B
Amount
$87M
Announced
Valuation
$1.1B
Lead investors
Lux Capital
Headquarters
New York, United States

Source

More: Modal funding history · rounds in September 2025 · rounds in United States

Other Modal 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.