Jamsocket
New York, US · 15 known investors
Modal provides a serverless cloud platform designed for data, AI, and machine learning applications, enabling developers to scale from zero to thousands of CPUs or GPUs with simple code. The company offers usage-based pricing and handles infrastructure concerns including custom file systems, container runtimes, and schedulers.
Founders & leadership
EB
Erik Bernhardsson
AB
Akshat Bubna
Investors · 15
Amplify Partners✓ verifiedMenlo Park · $500K – $5M
Lux Capital✓ verifiedNew York · $100K – $100M
Redpoint Ventures✓ verifiedWoodside · $100K – $10M
Creandum✓ verifiedSan Francisco · $216K – $8.6M
General Catalyst✓ verifiedSan Francisco · $30M
AntiSan Juan
Bain Capital VenturesBoston · $1M – $100M
Eastlink Capital PartnersMenlo Park · $100K – $5M
Firestreak Ventures
Menlo VenturesSan Francisco · $1M – $20M
Zero Prime VenturesSan Francisco · $500K – $1.5M
Abstraction CapitalreportedKansas City · $50K – $400Kvia Taylor Clauson · inferred
AccelreportedPalo Alto · $1.6M – $70M
Dimension CapitalreportedSan Francisco · $1M – $10M
Essence Venture CapitalreportedSeattle · $10K – $10Mvia Timothy Chen · inferred
In the news
- AI cloud startup Modal Labs raises $355m - DCDdatacenterdynamics.com · 2026
- Grishin Robotics on X: "Modal raised $355M in Series C funding at a $4.65B post-money valuation, led by General Catalyst and Redpoint Ventures. The company is building cloud infrastructure for AI workloads rather than a single-purpose GPU cloud: elastic inference, dynamic agent runtimes, reinforcemex.com · 2026
- Serverless AI infrastructure startup Modal Labs seals $355M funding round - SiliconANGLEsiliconangle.com · 2026
- Modal Raises $355M in Series C Funding at Post-Money Valuation of $4.65 Billionfinsmes.com · 2026
- Modal Labs valued at $4.65 billion as AI coding takes off - The Economic Timesm.economictimes.com · 2026