company
Modal announces $750M Series D
Announced a $750M Series D at a $15.75B post-money valuation on October 14, 2026; the company says it recently crossed $1B in annualized run rate, not realized annual revenue.
Vertical + Enterprise · Private company · Deployment
Modal
✓ VerifiedModal sits in the infrastructure layer for teams that want to run serious AI workloads without owning the full orchestration stack themselves.
New York, USFounded 2021API accessWeekday review target
Editorial intelligence brief
Editorial focus
Announced a $750M Series D at a $15.75B post-money valuation on October 14, 2026; the company says it recently crossed $1B in annualized run rate, not realized annual revenue.
Focus: High-performance serverless infrastructure for AI and data workloads
Editorially verified updates
What changed
External coverage of Modal
Selected by relevance, date and publisher; grouped by story. External reporting is not independently verified by the map. Article dates are publisher timestamps supplied by the discovery feed; quieter profiles may show coverage up to 90 days old.
Last checked Oct 18, 2026.
SiliconANGLE · Reporting
Oct 14, 2026
TechCrunch · Reporting
Sep 28, 2026
Reuters · Reporting
Sep 23, 2026
Source-backed financial history
Funding and financial history
Funding, valuation, revenue, and debt are kept separate so unlike measurements are never presented as one trend.
Records
2
Sum of recorded funding
$1.1B
Coverage
partial
Partial history: earlier or intervening rounds may be missing. The sum covers only the announcements recorded here, not lifetime funding. Announced commitments may be paid over time; this is not a cash balance. Dates show announcements or first public reports, which can follow the investment itself.
2 funding announcements recorded. More dated rounds are needed to show funding over time.
#1
Series C · $355M
Running tracked total: $355M
#2
Series D · $750M
Running tracked total: $1.1B
#1
Series C · $355M
Running tracked total: $355M
#2
Series D · $750M
Running tracked total: $1.1B
Sources and details for every recorded funding announcement, newest first.
Series D · $750M
Company-announced Series D; not cumulative funding.
Series C · $355M
$355M Series C.
Product surface
Products and model families
Recent models
No standalone model family is structured for this profile.
Products
InferenceSandboxesTrainingNotebooksBatch
Open weights
No
API access
Yes
Review target
Weekday
Market position
Lifecycle and strategic signals
Research
Preview
Growth
Deployment
Deployment: Production & at scale
Focus
High-performance serverless infrastructure for AI and data workloads
Signals
Serverless computeGPU infrastructureDeveloper tools
Taxonomy
Frontier LabsInfrastructureDeveloper toolsVertical + Enterprise
Competitive context
BasetenRunpodAnyscale
Infrastructure & distribution
Where Modal sits in the AI stack
01
Model layer
No standalone model family tracked
02
Access layer
Managed API
03
Market layer
Vertical + Enterprise
Public product surface
InferenceSandboxesTrainingNotebooksBatch
Stack signals
InfrastructureDeveloper toolsEnterpriseServerless computeGPU infrastructure
This section reflects publicly visible product and access signals. Undisclosed GPU, cloud, training, and data-center contracts are not inferred.
Evidence trail
Sources and corrections
Primary and public sources used to verify the structured company profile.
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