Modal

Deploy generative AI models, large-scale batch jobs, job queues, and more on Modal's platform.

Latest funding

$750M Series B+ · October 14, 2026

Led by Accel · Source: DatacenterDynamics

Total raised: $1.21B across 4 sourced rounds

All 4 rounds ↓

Website: modal.com.

X: @modal · 40,236 followers.

GitHub: modal-labs.

LinkedIn: modal-labs.

Categories: AI infrastructure and compute Developer tools and cloud Education.

Sectors: AI Infrastructure, Cloud Computing, Cloud Data Services, Software.

Stage: Series B+.

Based in: New York, United States.

Total raised: $1.21B in 4 sourced rounds.

Last round: Oct 14, 2026 · 32 days ago.

Headcount: 51–100 employees.

On Recent Funding since: Sep 29, 2026.

Signals

X account@modal · created Jul 26, 2022 (4 years old) · 40,236 followers

Website registeredMar 18, 1999 (27 years old)

About Modal

We help data science and machine learning teams accelerate development, reduce costs, and effortlessly scale workloads across thousands of CPUs and GPUs.

TIMELINE · MONEY RAISED

Modal | 441 days from X account to first raise on record

@modal·Raised $1208M in 4 sourced rounds·1 signal before the first raise

Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.

Funding rounds

Date	Round	Amount	Lead	Source
Oct 14, 2026	Series B+	$750M	AAccel	DatacenterDynamics
May 21, 2026	Series B+	$355M	GGeneral Catalyst	finsmes.com
Sep 29, 2025	Series B+	$87M	LLux Capital	modal.com
Oct 10, 2023	Series A	$16M	RRedpoint Ventures	techcrunch.com

Timeline

July 26, 2022
X account created
March 18, 1999
Website created

Founders and team

AB
Akshat Bubna Founder

@akshat_b · LinkedIn
EB
Erik Bernhardsson Founder

LinkedIn
EH
Eric Hansander Team member

@erichansander · source: x.com
LC
Luis Capelo Software Engineer
TB
Taylor Baldwin Team member

@taylorbaldwin · source: x.com

Acquisitions

Acquired company	Price	Announced
TTwirl	Not disclosed	May 27, 2025 · multiples.vc
TTidbyt	Not disclosed publicly	Nov 7, 2024

Investors

Companies like Modal

PPaleBlueDot AI$200M Series B+ · Oct 2026
AAlluxio$50M Series B+ · Nov 2021
DDaisytuner
PPositron$875M Series B+ · Sep 2026
TTrndX$3.17M Seed · Sep 2026
MMinIO$103M Series B+ · Jan 2022

Other companies backed by Accel

RRigi$1.06M Series A · Nov 2026
SSE3 Labs$30M Series A · Nov 2026
SSennder$253.7M Series B+ · Nov 2026
PPowerUp Money$10M Series A · Nov 2026
AArda$230M · Oct 2026
RRapidCanvas$29M Series B+ · Oct 2026

Accel portfolio →

Sources and API

Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/modal (get a free API key).