Modal logo
AI/ML
Data/Analytics
DevTools/Cloud

Modal

AI infrastructure that developers love

New York· 22 rolesSan Francisco· 5 rolesStockholm· 4 roles

CORE INFO

$355M
Total Funding
Series C
Round
2021
Founded
316
Team Size
New York City, NY
Headquarters

Modal provides a serverless cloud platform tailored for AI and data workloads, enabling developers to efficiently manage inference, training, and batch processing tasks without the hassle of infrastructure management. Their platform is particularly popular among companies in the AI and data processing sectors.

  • Modal raised $355 million in a Series C funding round led by General Catalyst and Redpoint Ventures, achieving a valuation of $4.65 billion.reuters.com
  • The company has surpassed an annualized revenue run rate of $300 million as of May 2026, marking a fivefold increase since September 2025.worknation.buzz
  • TechCrunch reported on Modal's early funding, highlighting its mission to simplify big data infrastructure.techcrunch.com

WHY WE WOULD WORK AT MODAL

Innovative AI Infrastructure

Join a team pioneering serverless cloud platforms tailored for AI and data workloads, enabling developers to define their projects entirely in Python.

Collaborative Culture

Work alongside a diverse team of creators, researchers, and experienced leaders who prioritize a developer-centric approach and foster easy iteration.

Competitive Compensation

Benefit from a strong funding background with $465 million raised, ensuring robust financial support for employee growth and competitive salaries.

Impactful Clientele

Contribute to projects for notable clients like Ramp and Substack, making a tangible impact in the AI and data processing sectors.

Cutting-Edge Technology

Utilize advanced features like sub-second cold starts and instant autoscaling, enhancing developer productivity and pushing the boundaries of AI capabilities.

Rapid Growth Opportunities

Be part of a fast-growing company with a valuation of $4.65 billion and a fivefold increase in revenue, offering ample opportunities for career advancement.

MARKET AND TRACTION

TOTAL ADDRESSABLE MARKET

  • Modal serves industries requiring AI and data processing capabilities, including generative AI inference, LLM fine-tuning, computational biotechnology, and media processing.

  • The demand for AI infrastructure is rapidly growing as more companies adopt AI and machine learning technologies, creating a significant market opportunity for Modal.
  • NOTABLE CUSTOMERS

  • Modal's notable clients include Ramp, Substack, and SphinxBio, showcasing its impact in the AI and data processing sectors.

  • The company has also attracted customers like DoorDash, Cognition, Decagon, Suno, Physical Intelligence, and Chai Discovery, indicating a diverse clientele across various industries.
  • KEY METRICS

    ✦ KEY METRIC
  • Modal has raised a total of $465 million across multiple funding rounds, with the most recent being a Series C round of $355 million at a valuation of $4.65 billion.

  • The company has achieved an annualized revenue run rate (ARR) surpassing $300 million as of May 2026, reflecting significant growth from approximately $60 million in September 2025.
  • GROWTH TACTICS

  • Modal emphasizes a developer-centric approach, allowing developers to define workloads entirely in Python, which simplifies the cloud development process for AI and data applications.

  • The platform's features, such as sub-second cold starts and instant autoscaling, enhance developer productivity and encourage rapid iteration and deployment.
  • MARKET POSITION

  • Modal is positioned as a leading provider of AI infrastructure, having quickly grown to approximately 316 employees since its founding in 2021.

  • The company's significant funding and rapid growth trajectory indicate a strong competitive position in the AI infrastructure market.
  • PRODUCT AND TECH

    Serverless Cloud Platform

    Modal offers a serverless cloud platform specifically designed for AI and data workloads, enabling developers to focus on building applications without the complexities of managing infrastructure.

    Python Workload Definition

    Developers can define their workloads entirely in Python, allowing them to specify necessary hardware and dependencies directly within their code, which streamlines the development process.

    Instant Autoscaling

    With features like instant autoscaling, Modal's platform can automatically adjust resources based on workload demands, ensuring optimal performance and cost efficiency for AI applications.

    Sub-Second Cold Starts

    Modal's infrastructure supports sub-second cold starts, significantly reducing latency and improving the responsiveness of applications, which is crucial for real-time AI inference.

    Sandboxed Code Execution

    The platform includes sandboxed code execution, allowing developers to run and test their code in isolated environments, enhancing security and reliability during development.

    COMPANY CULTURE

    Values

  • Developer-centric approach to simplify cloud development

  • Emphasis on innovation and iteration in AI and data workloads

  • Commitment to open-source contributions and community engagement

  • Focus on collaboration and teamwork among diverse talents

  • Integrity and transparency in operations and client relationships
  • Operating Principles

  • Prioritize ease of use and accessibility for developers

  • Foster a culture of continuous learning and adaptation

  • Encourage experimentation and risk-taking in product development

  • Maintain a strong focus on customer feedback and needs

  • Strive for excellence in performance and reliability of services
  • Benefits

  • Flexible work environment supporting remote and hybrid models

  • Opportunities for professional development and skill enhancement

  • Competitive compensation and equity options for employees

  • Health and wellness programs to support employee well-being

  • Collaborative workspace designed to inspire creativity and innovation
  • Learning & Growth

  • Regular workshops and training sessions on emerging technologies

  • Access to resources for personal and professional development

  • Mentorship programs pairing experienced leaders with new hires

  • Encouragement of participation in industry conferences and events

  • Support for pursuing certifications and advanced education
  • Team Cadence

  • Agile methodologies to promote quick iterations and feedback

  • Regular team meetings to align on goals and progress

  • Open communication channels for sharing ideas and concerns

  • Monthly all-hands meetings to celebrate achievements and updates

  • Emphasis on cross-functional collaboration to enhance project outcomes
  • COMPENSATION SNAPSHOT

    A
    Comp score vs cohort
    vs. AI/ML · Series C · US
    Based on publicly available compensation ranges from job postings; exact compensation may vary.
    Engineering IC3n = 10
    $165K$325Kmedian $245K
    New York
    Engineering Managern = 4
    $275K$338Kmedian $306K
    New York
    US-only in v1 · only categories with n > 2 shown · in-person / hybrid / remote treated separately where n ≥ 3

    HIRING SIGNAL

    31
    Open roles on their careers page
    Snapshot via live ATS poll
    Net new roles in the last 90 days
    Available once weekly history accrues
    90-Day VelocityV2 · BACKFILL
    Trend builds weekly as historical rows accrue
    By Function
    Breakdown of open roles
    Data · 1
    GTM · 3
    G&A · 1
    Product · 1
    Support · 1
    Marketing · 2
    Operations · 4
    Engineering · 18
    Top Locations
    Where hiring is concentrated
    Remote-eligible postings counted separately
    New York
    22
    San Francisco
    5
    Stockholm
    4
    SourcesGreenhouseLeverAshbyWorkableSmartRecruitersRipplingRecruiteeFallback · Wellfound, YC Work-at-a-Startup, careers-page scrape

    KEY COMPANY ANNOUNCEMENTS

    Filter
    6 announcements · ranked by importance
    May 25, 2026FUNDINGModal's Series C: Raising $355M at a $4.65B valuationmodal.com
    Oct 10, 2023FUNDINGModal Labs lands $16M to abstract away big data workload infrastructure | TechCrunchtechcrunch.com
    Jun 3, 2026CONTROVERSYModal Major Outagestatus.modal.com
    Jul 30, 2026PRESSOpenAI runaway AI agent also compromised a Modal Labs customer – Computerworldcomputerworld.com
    Oct 1, 2023FOUNDER PROFILECompany | Modalmodal.com
    Oct 1, 2023FOUNDER PROFILEModal — AI / GPU Cloud · fobifobi.com