← Back

Modal 🇺🇸 Hiring · 43 open roles ↗

Series D · $750M

High-performance AI infrastructure for running inference, training, and batch processing with instant autoscaling and sub-second cold starts.

About Modal

The company offers a high-performance AI infrastructure designed for running inference, training, and batch processing with features like instant autoscaling and sub-second cold starts. Its platform supports a variety of AI workloads, utilizing advanced technologies such as GPU scheduling, multi-modal inference, and integrated observability tools to optimize performance and resource efficiency.

Modal is a US-based company founded in 2021, now around 233 people. It has raised $1.2B in disclosed funding, starting with a Seed in 2022. FundFinder classes it as AI & ML.

Founder: Akshat Bubna (Co-Founder & CTO; previously Scale AI; Massachusetts Institute of Technology).

Its investors also appear on FundFinder's most-active lists for Series A · Fintech (84 funds), Series A · AI (62 funds), Series A · Enterprise Software (41 funds).

Company facts from Harmonic and public filings; team backgrounds from public profiles. Refreshed weekly.

Want the latest on Modal? Our research agent pulls the current description, latest round and full investor base from public sources (about a minute).

Hiring now · 43 live roles, checked daily

Showing the newest 8 · all 43 on their careers page ↗

Series D · $750M · Oct 2026

  • Accel — Accel is a global early- and growth-stage venture capital firm with offices in Silicon Valley, London and Bangalore. · cheques £2M – £20M
  • General Catalyst — General Catalyst is a venture capital firm that makes early-stage and transformational investments · cheques £500k – £2M
  • Lux Capital — New York-based deep-tech VC investing from seed to growth at the intersection of science, technology and national security: AI, advanced manufacturing, energy, biotech and defence. · cheques £1M – £20M
  • Redpoint Ventures — Menlo Park/San Francisco seed, early and growth firm known for infrastructure, enterprise software and AI. · cheques £1M – £20M

Read the announcement ↗

Series C · $355M · May 2026

Series B · $87M · Sep 2025

InvestorsLux Capital

Read the announcement ↗

Series A · $16M · Oct 2023

Funding history

2022Seed · $7M
Oct 2023Series A · $16MRedpoint Ventures
Sep 2025Series B · $87MLux Capital
May 2026Series C · $355MCreandum, Lux Capital, Redpoint Ventures

● rounds tracked in this directory · ○ earlier rounds web-verified from public announcements. Amounts as announced; undisclosed rounds omitted.

Raising your own round? See which European funds fit →