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MODAL LABS
Modal Labs
Cloud infrastructure / AI · New York City · United States · Founded · 2021 · ≈ · 220 · employees

Modal Labs Funding — Last Valued at $4.7B

Private

Modal Labs has raised $362M across 2 funding rounds. The latest round valued Modal Labs at $4.7B post-money, with General Catalyst, Redpoint on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Modal Labs funding · at a glance
Total raised, all rounds
$362M
sum of disclosed sizes
Funding rounds
2
priced rounds
Latest round
$4.7B
post-money · May 2026
Lead on that event
General Catalyst
lead investor
2026
About Modal Labs

Modal Labs has raised more than $466 million from investors including General Catalyst, Redpoint Ventures, Lux Capital, Amplify Partners and Creandum, funding that went into building the company's own serverless infrastructure for AI workloads.

Funding timeline

The Modal Labs funding timeline

2 funding rounds, the latest highlighted.

2021
Modal Labs founded

Modal Labs was founded in 2021, United States.

FEB 2022
Seed

A primary round — the company sells new shares to investors it selects. $7M raised, led by Amplify Partners.

Valuation basisAmount$7MPrice / shareLeadAmplify Partners
MAY 2026LATEST
Series C at $4.7B post-money

A primary round — the company sells new shares to investors it selects. $355M raised, led by General Catalyst, Redpoint.

Valuation basispost-moneyAmount$355MPrice / shareLeadGeneral Catalyst, Redpoint
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Modal Labs funding rounds in full

2 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series C LATEST
May 2026
$355M
$4.7Bpost-money
—
General Catalyst, Redpoint
—
Seed
Feb 2022
$7M
—
—
Amplify Partners
—
Modal Labs · investors

Investors

General CatalystLEADRedpointLEADAAmplify PartnersLEADRedpoint VenturesAccelBain Capital VenturesMenlo VenturesLux CapitalSScale Angels FundTTranspose Platform Management

Frequently asked questions

Who has invested in Modal Labs?›

Lead investors for each round are in the funding timeline.

Who are Modal Labs's competitors?›

The closest cloud infrastructure / ai peers are on the competitors page.

How can I get exposure to Modal Labs?›

The routes section explains what is realistically available for a company at this stage.

Is Modal Labs publicly traded?›

No. Modal Labs is a private company; its shares do not trade on a public exchange.

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