Startup · United States
Modal
HQ New YorkFounded 202151-200 employeesUpdated
From single-GPU fine-tuning to multi-node runs, Modal handles capacity and cluster management.
Funding3 rounds
- Equity raised
- Undisclosed
- Latest
- UndisclosedSeries A · Apr 2, 2024
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Apr 2, 2024 | Series A | Undisclosed | — | — | — | Speculative |
| Oct 10, 2023 | Series A | Undisclosed | — | — | — | Speculative |
| Feb 4, 2022 | Seed | Undisclosed | — | — | — | Speculative |
- Series ASpeculativeUndisclosedApr 2, 2024
- Series ASpeculativeUndisclosedOct 10, 2023
- SeedSpeculativeUndisclosedFeb 4, 2022
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems4
- ModalCloud software platform for deploying AI workloads.
- Modal ClustersMulti‑node GPU clusters with RDMA that are gang‑scheduled from Modal’s shared capacity pool.
- Modal SandboxesIsolated compute environments for AI-agent workloads.
- VM SandboxesSandbox environments that provide full‑computer capabilities for AI agents.
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
Sources8
Profile3
- 1
Sixth-Domain · Supports Organization · kind
“{"group": "startups", "id": "e91ccd13-9b48-4cc6-aa78-12cecaa785f1", "name": "Modal"}”
- 2
techcrunch.com · Supports Organization · founded year
“Modal was co-founded by CEO Erik Bernhardsson in 2021”
- 3DatabaseModal company profile
Octen Business Search · Supports Organization · country, Organization · employee range, Organization · hq city, Organization · linkedin url
“country: US (profile: New York City, New York 10038, US)”
Systems4
- 4
Modal · Supports Organization · description, Organization · name, Organization · website, System
“From single-GPU fine-tuning to multi-node runs, Modal handles capacity and cluster management.”
- 5
Modal · Supports System
“Our Sandbox product was also built on gVisor, which has served us well. But earlier this year, we watched as [Ramp built an internal agent to drive](https://modal.com/blog/how-ramp-built-a-full-context-background-coding-agent-on-modal) the entire software development lifecycle on Modal Sandboxes and it became obvious where agents were headed.”
- 6
Modal · Supports System
“Every layer of Modal’s platform is engineered to give you the tools to build robust, scalable applications.”
- 7
Modal · Supports System
“VM Sandboxes: Full computers for agents** \ VM Sandboxes are built for those who need to give their agents the power of a full computer”
Funding1
- 8
nasdaqprivatemarket.com · Supports Funding round, Organization · ownership
“Series A | Oct 10, 2023 | 16M”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.