LATEST ROUND
Series C
$355M · 2026-05-21
RAISED ON RECORD · USD
$1.21B
across 4 verified rounds
INVESTORS
9
4 leads
SOURCES
69
from 55 publishers
1 source
The source says the round came via two tranches but reports $355M as the new funding round amount; no separate financing total is stated.
Hand check: the financing total was the valuation its sentence states; total cleared
Unlinked https://www.clay.com/dossier/modal-labs-funding: a data vendor's profile page, not a citable source
Published by hand (siliconangle.com): "Modal Labs Inc., which has just raised $355 million in a new funding round": reported by SiliconANGLE from the company; values it at $4.65 billion
3 sources
The title says “$80 million,” while the description says “more than $80 million”; the description’s wording is used. The source does not state a round stage, investors, valuation, or headquarters.; not on the page it cites, so not applied: amount
Publication audit: leads should be Lux Capital (https://www.axios.com/pro/enterprise-software-deals/2025/09/29/modal-labs-87-million-raise)
Valuation $1.1 billion read as $1.1 billion post-money (modal.com): "Our post-money valuation is $1.1B.": the company's own post states it
Published by hand (modal.com): "Announcing our $87M Series B": the company's own post, led by Lux Capital
63 sources · checked 1 time, last 30d ago
TechCrunch initially described the financing as nearing; Modal’s own release confirms the completed round. The company release is preferred for the round details.
2 sources
Published by hand (modal.com): "today announced its Series A financing round, securing $16 million in investment": the company's own release; led by Redpoint Ventures
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Series C [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $355M at $4.65 billion valuation | 2026-05-21 | General Catalyst, Redpoint | No recent discussion |
1 source [ VERIFIED ] read against 1 source
The source says the round came via two tranches but reports $355M as the new funding round amount; no separate financing total is stated. Hand check: the financing total was the valuation its sentence states; total cleared Unlinked https://www.clay.com/dossier/modal-labs-funding: a data vendor's profile page, not a citable source Published by hand (siliconangle.com): "Modal Labs Inc., which has just raised $355 million in a new funding round": reported by SiliconANGLE from the company; values it at $4.65 billion | ||||
Modal builds a serverless cloud platform that lets developers run and scale data, AI, and machine-learning applications without managing infrastructure.
Checked against 10 sources on Oct 14
| Series B [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $87M at $1.1 billion post-money valuation | 2025-09-29 | Lux Capital | No recent discussion |
3 sources [ VERIFIED ] read against 1 of 3 sources
The title says “$80 million,” while the description says “more than $80 million”; the description’s wording is used. The source does not state a round stage, investors, valuation, or headquarters.; not on the page it cites, so not applied: amount Publication audit: leads should be Lux Capital (https://www.axios.com/pro/enterprise-software-deals/2025/09/29/modal-labs-87-million-raise) Valuation $1.1 billion read as $1.1 billion post-money (modal.com): "Our post-money valuation is $1.1B.": the company's own post states it Published by hand (modal.com): "Announcing our $87M Series B": the company's own post, led by Lux Capital [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]3 pages read: modal.com, axios.com, bloomberg.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]confirmedchecked against 1 of 3 sources·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
| Series D | $750M $1.2B to date at $15.75 billion post-money valuation | ~ 2025-05-30 | Accel | No recent discussion |
63 sources · checked 1 time, last 30d ago [ VERIFIED · CORRECTED ] read against 4 of 63 sources
TechCrunch initially described the financing as nearing; Modal’s own release confirms the completed round. The company release is preferred for the round details. [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]63 pages read: modal.com, techcrunch.com, siliconangle.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 4 of 63 sources·[ BRANDING ]logo and colour from the homepage·[ ]posts from 5 people, found with Firecrawl search·[ AGENT ]company research by the Firecrawl agent | ||||
| Series A [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $16M $23M to date | 2023-10-10 | Redpoint | No recent discussion |
2 sources [ VERIFIED ] read against 1 of 2 sources Published by hand (modal.com): "today announced its Series A financing round, securing $16 million in investment": the company's own release; led by Redpoint Ventures [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]2 pages read: modal.com, techcrunch.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]confirmedchecked against 1 of 2 sources·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
Found on X with Firecrawl search
Also named as backers in company research: Allison Pickens, Arjun Narayan, Barry McCardel, Barr Moses, Boris Jabes, Christopher Ré, Creandum, Elad Gil, Hamel Husain, Iqram Magdon-Ismail, Jeff Hammerbacher, Jessie Frazelle, Jordan Tigani, Julia Schottenstein, Lindsay Pettingill, Neha Narkhede, Ry Walker, Simon Eskildsen, Tejas Manohar, Tristan Handy, Josh Wills, Benn Stancil