Recent changes
- Sep 28, 2026Sep 28, 2026Raised $750M at a $15.75B valuationRumored TechCrunch
- Sep 28, 2026Sep 28, 2026First reported valuation: $15.75BRumored TechCrunch
- Sep 28, 2026Sep 28, 2026Modal Labs Nears $750M Round At $15.75B Valuation Pulse story
- Aug 31, 2026Aug 31, 2026Raised $175.3M SEC EDGAR Form D
- Jun 10, 2026Jun 10, 2026Raised $355M Series C Crunchbase News
Earlier changes (6)
- Jun 10, 2026Jun 10, 2026New investor: Redpoint Ventures Crunchbase News
- Jun 10, 2026Jun 10, 2026New investor: Menlo Ventures Crunchbase News
- Jun 10, 2026Jun 10, 2026New investor: Bain Capital Ventures Crunchbase News
- Jun 10, 2026Jun 10, 2026New investor: Accel Crunchbase News
- Jun 10, 2026Jun 10, 2026New investor: General Catalyst Crunchbase News
- Jun 10, 2026Jun 10, 2026Modal Labs Raises $355M Series C at $4.65B Pulse story
Funding History
3 events · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Sep 28, 2026 | funding roundRumored | $750M | $15.75B | TechCrunch | |
| Aug 31, 2026 | funding round | $175.3M | — | SEC EDGAR Form D | |
| Jun 10, 2026 | Series C | $355M | — | Crunchbase News |
Investors
Latest Pulse
- Sep 29, 2026Samsung Invests $1B In KKR-Backed AI Infra Firm HelixSamsung is investing $1 billion in Helix, an AI infrastructure company backed by KKR, extending its push to capture value across the AI buildout beyond its own memory-chip business.→
- Sep 28, 2026SiMa.ai Raises $150M Series C At $1.45B ValuationSiMa.ai closed an oversubscribed $150 million Series C at a $1.45 billion valuation, led by Fidelity and Amplify, bringing its total capital raised to $500 million for its edge AI inference chips.→
- Sep 28, 2026Modal Labs Nears $750M Round At $15.75B ValuationInference provider Modal Labs is reportedly closing in on a $750 million round that would value it at $15.75 billion, the latest sign that managed AI-inference startups are re-pricing as fast as the model labs they serve.→
- Jul 21, 2026Dimension Capital Closes $800M Fund for Science and AIDimension Capital raised an $800 million third fund, 60% larger than its prior vehicle, betting that founders increasingly want to build companies crossing the boundary between biotech, physical science and AI compute.→
- Jun 10, 2026Hark Raises $700M Series A at $6B ValuationHark raised a $700M Series A betting that frontier AI migrates from cloud to personal devices -- a thesis that strengthens every time OpenAI raises API prices. At $6B pre-revenue, investors are underwriting the hardware + AI convergence thesis at a scale unseen since Magic Leap.→
- Jun 10, 2026Modal Labs Raises $355M Series C at $4.65BModal is the picks-and-shovels winner of the AI boom -- serverless GPU compute that lets teams skip the infra pain entirely. Valuation nearly 5x'd since Series B as every company shipping AI features needs GPU access without a 6-month procurement cycle.→
Coverage Timeline
newest firstAll Coverage
FUNDING$750M round (reported)
Modal Labs Nears $750M Round At $15.75B Valuation
Inference provider Modal Labs is reportedly closing in on a $750 million round that would value it at $15.75 billion, the latest sign that managed AI-inference startups are re-pricing as fast as the model labs they serve.
DEEP DIVE
Modal Labs Raises $355M Series C at $4.65B
FUNDING$355M
Modal Labs Raises $355M Series C at $4.65B
Modal is the picks-and-shovels winner of the AI boom -- serverless GPU compute that lets teams skip the infra pain entirely. Valuation nearly 5x'd since Series B as every company shipping AI features needs GPU access without a 6-month procurement cycle.
Related Companies
Modal Labs FAQ
Who are Modal Labs's investors?
Modal Labs's investors include General Catalyst, Redpoint Ventures, Accel, Bain Capital Ventures, Menlo Ventures.
Sources & methodologyshow
Where these figures come from
- SEC EDGAR Form Dprimary source1 fact
- TechCrunchmajor outlet1 fact
- Crunchbase Newsresearch database1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.