Modal
Modal is an AI infrastructure provider that offers high-performance computing services for machine learning and data processing. Their platform allows businesses and organizations to deploy custom AI models at scale, manage workloads efficiently, and utilize advanced GPUs without the need for extensive infrastructure management. Modal's services cater to technology and research sectors, enabling rapid experimentation and deployment of AI applications.
Headcount
Website visitors
Workforce
Headcount by location
- United States90%
- Sweden10%
Split by department
- Engineering & R&D67%
- Marketing & Comms8.6%
- Human Resources4.9%
- Founder, Owner & Executive3.7%
- Other15%
Seniority distribution
- Less than 5 years85%
- 5 to 10 years7.5%
- 10 to 20 years3.1%
- 20 to 30 years2.5%
- 30 years and more1.9%
Funding
Raised to date
- 22 May 2026Series C$355.0MAccel, Bain Capital Ventures (BCV), Creandum, Eastlink Capital, General Catalyst, Lux Capital, Menlo Ventures, Redpoint
- 29 Sep 2025Series B$87.0MAmplify Partners, Definition, Lux Capital, Redpoint
4 earlier rounds, with their terms and sources.
Investors
General CatalystGeneral Catalyst is an investment firm that partners with entrepreneurs to drive innovation and growth across various sectors, including technology, healthcare, and finance. They provide venture capital, consulting services, and strategic support to1,265United States
AccelAccel is a venture capital firm that provides capital and strategic support to early‑stage and growth‑stage technology companies. It serves entrepreneurs and startups across sectors like software, fintech, and cybersecurity, operating from offices1,223United States
Apollo Global Management, Inc.Apollo Global Management is an alternative asset manager that provides investment management, private equity, credit, real assets and retirement services to institutional investors and high‑net‑worth individuals. It generates excess returns through980United States
Bain Capital Ventures (BCV)Bain Capital Ventures LLC is a venture capital firm that specializes in investing in early-stage companies across various sectors, including fintech, healthcare, and AI. The firm provides capital and strategic support to startups, helping them905United States
Portfolio
Countries
- United States50%
- United Kingdom25%
- Sweden25%
Deal stage
- Company Acquisition75%
- Asset Acquisition25%
Deal size
- Unknown100%
Company size
- 1-1050%
- 11-5025%
- Unknown25%
Revenue
EBITDA
Revenue source: Modeled estimate
Recent news
- Product updates: Sandbox Sidecars, new models, a refreshed dashboard, and more.launches
- Modal is expanding in Europe with our new London office.hires
- Mid-2023 cybersecurity events: OpenAI breach, water system hacks, supply-chain attacks.has issues with
- BairesDev names Darren Shimkus CEO, co-founder Nacho De Marco becomes Chairman.acquires
Portfolio companies
Every holding by name, with what was paid, when, and how each one has grown since
People
How the team has changed month by month — joiners, leavers and where the hiring is going
Connections
Who at your firm already knows someone here, and how warm the path is
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