Modal Labs has raised $442M across 2 funding rounds on record, the most recent a Series C of $355M announced in May 2026.
That round is above the $7.5M median round size for United States companies tracked on FundedIQ over the last two years.
Modal Labs Company Profile and Key Stats
Latest funding round on record: May 2026.
Modal Labs Funding Rounds
Modal Labs raised $87.0M in a Series B announced in Oct 2025.
7 months later, a Series C of $355M was announced in May 2026.
Modal Labs Founders and Leadership Team
Contact details for the Modal Labs team: 1 of 1 has an email address on file, 1 has a LinkedIn profile.
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Modal Labs' latest round of $355M is above the median round in United States. Medians cover the last 24 months of disclosed rounds.
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Modal Labs Funding FAQs
What does Modal Labs do?
Modal develops machine learning software to help run code in the cloud.
How much funding has Modal Labs raised?
Modal Labs has raised $442M across 2 rounds on record. The most recent is a Series C of $355M announced in May 2026.
When did Modal Labs last raise funding?
Modal Labs' most recent funding round on record is a Series C of $355M, announced in May 2026.
Who is the CEO of Modal Labs?
Erik Bernhardsson is listed as CEO at Modal Labs.
Where is Modal Labs headquartered?
Modal Labs is based in New York, United States.
How many employees does Modal Labs have?
Modal Labs is in the 11-50 employee band.
About FundedIQ's Modal Labs Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Modal Labs is left off this page rather than filled in.
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