Modal Labs, Inc.
PrivateLast Round
Series D
Oct 14, 2026
Est. Valuation
$15.75B
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
Cloud Infrastructure, Serverless Computing, AI Training Infrastructure, ML Platforms, DevOps & Containers
Business Model
B2B
Customer Profile
Usage-Based SaaS, Subscription SaaS
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Modal Labs, Inc. Comparables
Compare Modal Labs, Inc. with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Baseten | 87% | |
| Fal | 86% | |
| Together AI | 85% |
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Modal Labs, Inc. Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series D | Oct 14, 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 |
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Key People
Founding team and executive leadership
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Modal Labs, Inc. Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Uncork Capital | Series B |
| Red Swan Ventures | Series B |
| Bain Capital Ventures | Series D, Series C |
| Allison Pickens Ventures | Series B |
| Contrary Capital | Series B |
| Khosla Ventures | Series B |
| Essence VC | Series B |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Oct 14, 2026
Reached a $1.5B post-money valuation.
- Sep 15, 2026
Grew 32% QoQ, from 177 to 233 employees.
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Recent news
Latest coverage and updates
- closes_offices_inNov 5, 2026
Modal plans to close its office at 233 Spring Street in New York as it relocates in H1 '27.
- launchesOct 22, 2026
Modal releases Spindle, an open-source, Tinker-compatible training server that runs in a Modal workspace and lets users customize the server while paying for GPU time instead of tokens, on Oct 22nd '26.
- adopts_technologyOct 20, 2026
Modal plans to adopt NVIDIA Vera CPUs for its AI agentic workloads after preliminary tests show twice the throughput of its existing AMD and Intel processors, while it retains those chips in its heterogeneous fleet; it announces the plan on Oct 19th '26.
- signs_new_clientOct 19, 2026
Modal signs Legora AB as a new client after Legora AB selects its cloud-managed sandbox services for scalable, low-latency execution of complex environments on Oct 19th '26.
- launchesOct 15, 2026
Modal makes VM Sandboxes generally available on Oct 1st '26, providing Linux-based environments for workloads that require Docker, local databases, and capabilities beyond lighter container environments.
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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.
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Frequently Asked Questions
Common questions about Modal Labs, Inc.'s valuation, stock price, and market status.
Is Modal Labs, Inc. a public or private company?
Modal Labs, Inc. is a private company.
What is the current stock price of Modal Labs, Inc.?
Modal Labs, Inc. is a private company, so its shares have no public market price. Caplight tracks Modal Labs, Inc.'s secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Modal Labs, Inc. worth (valuation)?
Modal Labs, Inc.'s valuation is estimated at $15.8B based on funding round data.
Can I buy Modal Labs, Inc. stock?
Modal Labs, Inc. shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Modal Labs, Inc.'s last funding round?
Modal Labs, Inc.'s most recent funding round was Series D on October 14, 2026.
Who are the main investors in Modal Labs, Inc.?
Key investors in Modal Labs, Inc. include Lux Capital, General Catalyst, Amplify Partners, Redpoint Ventures, Accel.
Will Modal Labs, Inc. IPO soon?
No public IPO plans have been announced for Modal Labs, Inc..
How can I track Modal Labs, Inc. secondary market activity?
Caplight tracks bids, offers, and trades in Modal Labs, Inc.'s shares on secondary markets.