# Modal Labs funding rounds and investors

As of 13 Nov 2026, Modal Labs has raised $1.21B across 4 verified rounds on record; latest: $355 million Series C led by General Catalyst and Redpoint, announced 21 May 2026.

Modal Labs sells AI inference infrastructure optimized for developers, enabling rapid deployment and scaling of AI workloads.

Website: https://modal.com  
Headquarters: New York, US  
Page: https://fireround.dev/companies/modal

## Verified rounds

| Announced | Round | Amount | Lead investors | Other investors | Sources |
| --- | --- | --- | --- | --- | --- |
| 2026-05-21 | Series C | $355 million | General Catalyst, Redpoint | Menlo Ventures, Accel | [siliconangle.com](https://siliconangle.com/2026/05/21/serverless-ai-infrastructure-startup-modal-labs-seals-355m-funding-round) |
| 2025-09-29 | Series B | $87 million | Lux Capital | none named | [modal.com](https://modal.com/blog/announcing-our-series-b), [axios.com](https://www.axios.com/pro/enterprise-software-deals/2025/09/29/modal-labs-87-million-raise), [bloomberg.com](https://www.bloomberg.com/news/videos/2025-09-29/ai-infrastructure-startup-modal-labs-raises-80-million-video) |
| 2025-05 | Series D | $750 million | Accel | Amplify Partners, Bain Capital Ventures, General Catalyst, Kleiner Perkins, Lux Capital, Menlo Ventures, Redpoint | [modal.com](https://modal.com/blog/sync-labs-case-study), [modal.com](https://modal.com/blog/1-billion-annualized-run-rate-series-d), [techcrunch.com](https://techcrunch.com/2026/09/28/source-inference-provider-modal-labs-closing-in-on-750m-round-at-15-75b-valuation) |
| 2023-10-10 | Series A | $16 million | Redpoint | Amplify Partners, Lux Capital, Definition | [modal.com](https://modal.com/blog/general-availability-and-series-a-press-release), [techcrunch.com](https://techcrunch.com/2023/10/10/modal-labs-lands-16m-to-abstract-away-big-data-workload-infrastructure) |

Source: Fireround (https://fireround.dev), an open-source funding feed. Each round is checked against the pages listed with it.
