Modal
Modal Labs, Inc.
Bring your own code, and run CPU, GPU, and data-intensive compute at scale. The serverless platform for AI and data teams.
modal.com · New York, NY
Funding event
The round itself, as filedInferred stageSeries C+
Sold of offered$175M of $175M
Filed2026-08-31
Days since filing33
- Exemption claimed
- Rule 506(b)
- First-ever Form D
- No
- Date of first sale
- 2026-05-15
Investors
No investors named: Form D does not list them
Officers on the filing
Names and roles as filed; addresses are never stored- Erik BernhardssonExecutive Officer · Director
- Akshat BubnaExecutive Officer
- Sarah CatanzaroDirector
- Patrick ChaseDirector
- Seth ZelnickExecutive Officer
Health flags
Three flags, each with the raw inputs behind it · as of 2026-10-03UndersubscribedNot flagged99.9% sold4.6 months since first sale
Prior raiseNot flagged$205M prior raiseprior filing 2026-08-31
AmendedNot flaggedNo amendmentNo D/A on file
Open roles
On the employer's own careers page · checked 2026-09-210
Pre-posting windowNot enough dataShown once this sector and stage have 20 observed lags from filing to first posting.
No open roles foundWe read careers pages daily.
All filings
Every filing for this company, newest first, amendments includedAlso raised in AI & data
Same sector, 28 days to 2026-10-04AscertaSeries A · $18.0M · Bellevue, WAQuietMireyePre-seed · $1.0M of $3.3M · San Bruno, CAQuiet
15 rounds in AI & data in the 28 days to 2026-10-02, against 24 in the 28 days before.