Modal Labs

Modal Labs

AIDeveloper ToolsEnterprise SaaS📍 New York City, United States

Modal Labs is a startup focused on AI infrastructure, providing low-latency serverless GPU container execution for AI inference and secure execution environments for AI-generated code. The company has experienced rapid growth, with its annualized revenue increasing fivefold in less than a year, driven by a surge in demand for AI-assisted coding tools.

Total raised
$355M
tracked to date
Latest round
Series C
May 22, 2026
Known investors
5
led by General Catalyst

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🏆 Featured in Datapile’s Q2 2026 USA Funding Report

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Funding history

  1. 1
    $355MSeries CMay 22, 2026

    Led by General Catalyst

    Announcement ↗

Founder

Erik Bernhardsson
Erik Bernhardsson
CEO

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