Modal Labs, Inc.
PrivateLast Round
Series D
Sep 24, 2026
Est. Valuation
$15B
Total Funding Raised
$465M
Momentum
Top 1%
of companies Caplight tracks
Company Overview
Modal Labs, Inc. is an artificial intelligence and machine learning company that provides a serverless cloud computing platform for developers to build, deploy, and scale compute-intensive applications.
Sector
AI, Data & Cloud Infrastructure
Verticals
Serverless Computing, AI Training Infrastructure, ML Platforms, Cloud Infrastructure, Platform-as-a-Service
Business Model
B2B
Customer Profile
Usage-Based SaaS
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Modal Labs, Inc. Comparables
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| Company | Similarity | Market Cap |
|---|---|---|
| Baseten | 88% | |
| Fal | 84% | |
| Together AI | 81% |
Modal Labs, Inc. Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series D | Sep 24, 2026 | ||||
| Series C | May 21, 2026 | ||||
| Early Funding | Feb 1, 2026 | ||||
| Series B | Sep 29, 2025 | ||||
| Series A | Oct 10, 2023 | ||||
Seed | Apr 12, 2022 |
Secondary Market Activity
Bids, offers, and trades by month
| Operation | Date | Price | Size | Share Class | Structure |
|---|---|---|---|---|---|
BID |
Key People
Founding team and executive leadership
Modal Labs, Inc. Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Uncork Capital | Series B |
| Red Swan Ventures | Series B |
| Bain Capital Ventures | Series C |
| Allison Pickens Ventures | Series B |
| Contrary Capital | Series B |
| Khosla Ventures | Series B |
| Essence VC | Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 24, 2026
Reached a $1.5B post-money valuation.
- Aug 1, 2026
Grew 37% QoQ, from 153 to 209 employees.
Recent news
Latest coverage and updates
- has_valuationSep 23, 2026
Modal had valuation of $15B on Sep 23rd '26.
- partners_withSep 14, 2026
Modal partnered with vLLM on Aug 1st '26.
- launchesSep 14, 2026
Modal launches light mode appearance option.
- expands_offices_toSep 2, 2026
Modal expanded offices to London, United Kingdom, Northern Europe, Europe on Sep 1st '26.
- hiresSep 2, 2026
Modal hired Hugh Killingbeck-Jones as VP EMEA on Sep 2nd '26.
Modal Labs, Inc. Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about Modal Labs, Inc.'s valuation, stock price, and market status.
Is Modal a public or private company?
Modal is a private company.
What is the current stock price of Modal?
Modal is a private company with no public stock price. No recent secondary market data is available.
How much is Modal worth (valuation)?
Modal's valuation is estimated at $4.7B based on funding round data.
Can I buy Modal stock?
Modal shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was Modal's last funding round?
Modal's most recent funding round was Series C on May 21, 2026.
Who are the main investors in Modal?
Key investors in Modal include Lux Capital, General Catalyst, Amplify Partners, Redpoint Ventures.
Will Modal IPO soon?
No public IPO plans have been announced for Modal.
How can I track Modal secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Modal's secondary market activity and sign up for updates.