New York City, New York, United States
Founded 2021
Latest verified financing round in September 2025 valued Modal at SEK 10B, roughly $1B; round amount and total raised were not publicly verified.
Cloud Infrastructure
Artificial Intelligence
Developer Tools
Funding history
- Series C$355Mat $4.65B2026-05
General Catalyst, Redpoint
- Series B$80Mat $1.1B2025-09
Funding Modal offers
Modal for Startups - Seed to Series ACloud & AI credits
Modal
Free GPU credits for VC-funded startups that either raised from a Modal VC partner or raised over $1M from any fund; Modal publishes no credit amount.
Always openVC-backed only
Modal for Startups - Scaling and Series B+Cloud & AI credits
Modal
Custom credit package for AI-native companies that have raised over $30M or are post-Series B, and whose lead VC is in Modal's partner network.
Always openVC-backed onlyReferral needed
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