About Modal
Modal is a Technology company based in New York (United States) founded in 2021 by Erik Bernhardsson and Akshat Bubna. Serverless platform for AI application development and deployment is provided. It operates on a IaaS (Infrastructure-as-a-Service) and Pay-per-Use / Usage-Based model. Modal has raised $1.22 billion across 5 funding rounds from investors including Amplify, Accel and Redpoint Ventures. The company has 247 employees. Modal was last valued at $15.75 billion in September 2026. Its chief executive, as recorded, is Erik Bernhardsson. Its website modal.com draws about 774 thousand monthly visits. Modal offers products and services including Modal Inference, Modal Training, Modal Sandboxes, Modal Batch, and Modal Notebooks. Its focus areas include Artificial Intelligence and AI Infrastructure. Its competitors include Heroku, Stratoscale and Pivotal Software; 3 of its 3 listed competitors have raised funding.
Company details
Modal is focused on delivering high-performance AI infrastructure tailored for developers. Solutions for inference, training, and batch processing are offered with sub-second cold starts and instant autoscaling. The platform is engineered for heavy AI workloads, featuring elastic GPU scaling, unified observability, and a built-in storage layer for low-latency data access. Multi-cloud capacity and first-party integrations are supported to ensure seamless operations across various environments. Sectors such as machine learning, data applications, and AI development are primarily served.
- Total Equity Funding$1.22B (USD)
in 5 rounds
- Latest Funding Round$750M (USD), Series D
Oct 2026
- InvestorsAmplify
& 16 more
- Employee Count247
Products & Services of Modal
Modal offers a comprehensive portfolio of products and services, including Modal Inference, Modal Training, Modal Sandboxes, Modal Batch, and Modal Notebooks.
Inference for LLMs and media generation is provided.
Training of AI models on clusters is enabled.
Secure environments for untrusted code are programmatically scaled.
Batch workloads are scaled on-demand across containers.
Collaborative coding and data sharing are facilitated here.
Apps and channels of Modal
its YouTube channel Modal has 997 subscribers and 16 videos.
Videos from Modal
The most watched videos on Modal's YouTube channel, Modal (997 subscribers). Click a video to play it here.
More on Modal.
Funding Insights of Modal
Modal has successfully raised a total of $1.22B across 5 strategic funding rounds. The most recent funding activity was a Series D round of $750 million completed in October 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.22B
- Total Rounds 5
- Last Round Series D — $750M
- First Round $7M
(Jun 2022)
- Investors Count 17
All 5 funding rounds of Modal with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2026 | $750M | Series D | – | – | |
| May 2026 | $355M | Series C | – | General Catalyst, Redpoint Ventures | |
| Oct 2025 | $87M | Series B | – | Lux Capital | – |
| Oct 2023 | $16M | Series A | – | Redpoint Ventures | |
| Jun 2022 | $7M | Seed | – | – |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of Modal
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Last known valuation $15.75B (Sep 2026). 17 investors in total: 14 institutional and 3 angel.
Investors in Modal
Modal has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Amplify, Accel and Redpoint Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Redpoint Ventures is engaged in venture capital investments. | redpoint.com | Woodside, United States | ||
Seed and early-stage technology companies are funded by Lux Capital. | luxcapital.com | Menlo Park, United States | ||
Limited information is provided about Definition Capital's activities. | definitioncap.com | New York, United States | ||
Investment and transformation services for entrepreneurs in technology and finance sectors. | generalcatalyst.com | Cambridge, United States | ||
Early-stage venture capital firm investing in AI, healthcare, and tech sectors. | menlovc.com | |||
Venture capital fund focused on investing in multiple sectors | baincapitalventures.com | Boston, United States | ||
| kleinerperkins.com | ||||
Technical founders are supported through early-stage venture capital investments. | amplifypartners.com | Menlo Park, United States | ||
Venture capital firm investing in early-stage tech startups focused on data, AI, and cloud technologies. | zeroprime.vc | |||
Venture capital investments and support services are offered to early-stage tech startups. | creandum.com |
Investor details for Modal
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Modal
30 people are tracked at Modal (4 in leadership, 2 in board & advisors, 24 in team); the tracked headcount is 247.
| Name | Role | Group |
|---|---|---|
Erik Bernhardsson | Co-Founder & CEO | Leadership |
Akshat Bubna | Co-Founder & CTO | Leadership |
Justin Dignelli | Vice President Of Sales | Leadership |
Margaret Shen | Head Of Business Operations | Leadership |
Andrew Unger | Investor | Board & advisors |
Patrick Chase | Board Member | Board & advisors |
Paul Licursi | GTM | Team |
Paul Butler | Member Of Technical Staff | Team |
Colin Weld | Member Of Technical Staff | Team |
Shariq Mobin | Forward Deployed Engineer | Team |
Ro Arepally | Member Of Technical Staff | Team |
Gayane Azizyan | Member Of Technical Staff | Team |
Luis Capelo | Software Engineer | Team |
Staffan Gimåker | Software Engineer | Team |
Elias Freider | Software Engineer | Team |
Emily Han | Member Of Technical Staff | Team |
Peyton Walters | Member Of Technical Staff | Team |
Alec Powell | GTM Lead | Team |
Sona Dolasia | Designer | Team |
Richard Gong | Software Engineer | Team |
10 more people are available in the full profile.
Complete people profiles for Modal
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Modal
4 dated milestones of Modal across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Modal is founded.
- Funding First funding round of $7.0M.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series D, of $750.0M.
Competitors of Modal
Modal has 3 listed competitors in our database, 3 of them funded. They include Heroku, Stratoscale and Pivotal Software.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| heroku.com | 2007 | San Francisco, United States | $17M | Saas based provider of integrated platform as a service solutions | ||
| stratoscale.com | 2013 | Sunnyvale, United States | $69M | Offers a multi-cloud hybrid platform for businesses. | ||
| pivotal.io | 2013 | San Francisco, United States | $1.7B | 9,433 | Enterprise platform as a service for big data is provided. |
Detailed competitors of Modal
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Modal
The website of Modal (modal.com) receives about 774K visits a month and ranks #64,387 among all websites worldwide, #7,682 in Computers Electronics and Technology.
- Monthly visits774K
▲ 28.2% vs previous month
- Unique visitors176.5K
per month
- Global rank#64,387
among all websites
- Category rank#7,682
Computers Electronics and Technology · Computers Electronics and Technology
- Bounce rate36%
- Pages per visit6.6
- Average visit6 min 25 sec
- DevicesDesktop 70% · Mobile 31%
Websites whose visitors overlap most with Modal. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| huggingface.co | 100% | 24.9M | #1,689 | View details | |
| linear.app | 96% | 5.8M | #10,920 | View details | |
| wandb.ai | 94% | 2.2M | #22,417 | View details | |
openreview.net | openreview.net | 91% | #13,558 | – | |
| cal.com | 90% | 3.1M | #18,207 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Modal
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Verified entity values are shown only after access is granted.
Top companies in PaaS & SaaS Platforms
3 companies that operate in the same segment as Modal (PaaS & SaaS Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 311.32 M | USD 2.46 B | 8,070 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 | |
Cloud-based software for continuous application development and deployment. | 2013 | San Francisco, California, United States | USD 212 M | 205 |
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Related news about Modal
Complete news archive for Modal
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Frequently Asked Questions about Modal
Modal was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Modal is headquartered in New York, United States. It is registered at New York, New York, United States.
Erik Bernhardsson is the CEO of Modal, as recorded in our data. They have also founded this company.
Modal is a funded company, having raised a total of $1.22B across 5 funding rounds to date. The company's 1st funding round was a Seed of $7M, raised on Jun 2022.
Modal has 247 employees.
Modal is focused on delivering high-performance AI infrastructure tailored for developers. Solutions for inference, training, and batch processing are offered with sub-second cold starts and instant autoscaling. The platform is engineered for heavy AI workloads, featuring elastic GPU scaling, unified observability, and a built-in storage layer for low-latency data access. Multi-cloud capacity and first-party integrations are supported to ensure seamless operations across various environments. Sectors such as machine learning, data applications, and AI development are primarily served.
Modal's top competitors include Heroku, Pivotal Software and Stratoscale.
Modal offers Modal Inference, Modal Training, Modal Sandboxes, Modal Batch, and Modal Notebooks.
Modal has 17 investors. Key investors include Amplify, Accel, Redpoint Ventures, Lux Capital, and Definition Capital.
The valuation of Modal is $15.75B as of Sep 2026.
The website of Modal receives about 774 thousand visits a month and ranks #64,387 among all websites worldwide.