Modular

The Modular Platform is the first enterprise-grade AI inference stack that abstracts away hardware complexity.

Latest funding

$250M Series B+ · September 24, 2025

Led by USIT · Source: reuters.com

Latest round on record: Series B+, September 2025, amount undisclosed.

Total raised: $280M across 2 sourced rounds

All 3 rounds ↓

Acquired by QQualcomm on June 24, 2026 for $3.9B · MSN.

Website: modular.com.

X: @Modular · 24,444 followers.

GitHub: clattner.

LinkedIn: modular-ai.

Categories: AI infrastructure and compute Robotics and hardware Developer tools and cloud.

Sectors: AI Infrastructure, Artificial Intelligence (AI), Generative AI, Machine Learning, Software.

Stage: Series B+.

Based in: San Francisco, United States.

Founded: 2022.

Total raised: $280M in 2 sourced rounds.

Last round: Sep 28, 2025 · 413 days ago.

Headcount: 101–250 employees.

On Recent Funding since: Sep 29, 2026.

Signals

X account@Modular · created Jan 19, 2022 (4 years old) · 24,444 followers

Website registeredMay 14, 1997 (29 years old)

About Modular

By replacing vendor-specific runtimes like CUDA and ROCm with a unified low-level layer, it eliminates the fragmentation that holds back existing AI frameworks that were never developed for modern Generative AI inference.

TIMELINE · MONEY RAISED

Modular | 162 days from X account to first raise on record

@Modular·Raised $280M in 2 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
Sep 28, 2025	Series B+	undisclosed	—	fundraisingfox.com
Sep 24, 2025	Series B+	$250M	UUSIT	reuters.com
Jun 30, 2022	Seed	$30M	GGV	fundraisingfox.com

Timeline

June 24, 2026
Acquired by QQualcomm · $3.9B
Source: MSN
January 19, 2022
X account created
May 14, 1997
Website created

Founders and team

CL
Chris Lattner Founder

@clattner_llvm · LinkedIn · source: modular.com
TD
Tim Davis Founder

@iamtimdavis · source: modular.com
CB
Conor Bronsdon Technical Ecosystem Lead

Acquisitions

Acquired company	Price	Announced
BBentoML	Not disclosed publicly	Feb 10, 2026

Investors

Companies like Modular

MMeter$170M Series B+ · Jun 2025
AAlluxio$50M Series B+ · Nov 2021
FFyno$4M Seed · Sep 2025
OOXMIQ$35M Series A · Jul 2026
DDoubleword$12M Series A · May 2025
FFyma$2.1M · Nov 2023

Other companies backed by USIT

OOxide Computer Company$445M Series B+ · Oct 2026
SStoke Space$1B Series B+ · Sep 2026

USIT 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/modular (get a free API key).