Modal logo
AI/ML
DevTools/Cloud

Modal

AI infrastructure that developers love

New York· 25 rolesStockholm· 4 rolesSan Francisco· 4 roles

CORE INFO

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

Modal provides a serverless cloud platform tailored for AI and data workloads, offering tools for inference, training, and batch processing. Developers across technology, finance, healthcare, and research sectors use Modal's platform for its speed, scalability, and seamless Python-based experience.

  • Modal's latest Series C funding round raised $355 million, led by General Catalyst and Redpoint Ventures, valuing the company at $4.65 billion.reuters.com
  • The company has surpassed $300 million in annualized revenue as of May 2026, marking a significant growth from $60 million in September 2025.worknation.buzz
  • Reuters highlighted Modal's substantial valuation increase and its pivotal role in the AI infrastructure sector amid rising demand for AI coding solutions.reuters.com

WHY WE WOULD WORK AT MODAL

Innovative AI Infrastructure

Join a company at the forefront of AI technology, providing a serverless cloud platform that enables developers to efficiently handle AI workloads with tools for inference and training.

Collaborative Team Culture

Work alongside a talented team of 316 employees in a dynamic environment that values collaboration and a code-first developer experience, fostering creativity and innovation.

Competitive Compensation

Benefit from a strong financial backing with $465 million raised, ensuring competitive salaries and growth opportunities as the company scales rapidly.

Cutting-Edge Technology

Utilize advanced technologies like elastic GPU scaling and sub-second cold starts, empowering developers to define workloads entirely in Python for seamless execution.

Proven Success and Growth

Be part of a company valued at $4.65 billion, with a remarkable annualized revenue surpassing $300 million, showcasing Modal's significant impact in the AI infrastructure sector.

Impactful Clientele

Contribute to projects for notable clients like Ramp and Substack, making a tangible difference in industries such as finance, healthcare, and technology.

MARKET AND TRACTION

GROWTH TACTICS

✦ KEY METRIC
  • Modal has achieved a fivefold growth in annualized revenue run rate (ARR) within six months, showcasing its rapid expansion in the AI infrastructure market.

  • The company has successfully launched over 1 billion sandboxes on its platform, which significantly contribute to its revenue stream, driving more than one-third of total revenue.
  • TOTAL ADDRESSABLE MARKET

  • Modal operates in the rapidly growing AI infrastructure sector, which is increasingly critical for industries such as technology, finance, healthcare, and research.

  • The demand for serverless cloud platforms tailored for AI and data workloads is on the rise, positioning Modal to capture a significant share of this expanding market.
  • NOTABLE CUSTOMERS

  • Modal's early customers include prominent companies such as Ramp, Substack, and SphinxBio, indicating its appeal to innovative tech-driven organizations.

  • Additional notable clients include DoorDash, Cognition, Decagon, Suno, Physical Intelligence, and Chai Discovery, reflecting a diverse range of industries leveraging Modal's infrastructure.
  • KEY METRICS

    ✦ KEY METRIC
  • As of May 2026, Modal has surpassed $300 million in annualized revenue, a significant increase from approximately $60 million in September 2025.

  • The company has raised a total of $465 million across multiple funding rounds, with its latest Series C round bringing in $355 million, valuing the company at $4.65 billion.
  • COMPETITIVE ADVANTAGE

  • Modal's platform is designed for a code-first developer experience, allowing developers to define workloads entirely in Python, which enhances usability and adoption.

  • The technology offers features like sub-second cold starts and instant autoscaling, providing a performance edge over traditional AI infrastructure solutions.
  • PRODUCT AND TECH

    Serverless Cloud Platform

    Modal offers a serverless cloud platform specifically designed for AI and data workloads, enabling developers to deploy applications without managing infrastructure. This platform supports rapid scaling and efficient resource utilization, making it ideal for dynamic AI applications.

    AI Workload Tools

    The platform includes specialized tools for inference, training, batch processing, and sandboxed code execution, allowing developers to handle various AI tasks seamlessly. These tools are optimized for performance, ensuring quick execution and responsiveness.

    Python-Centric Development

    Modal emphasizes a code-first developer experience by allowing users to define workloads entirely in Python. This approach simplifies the development process for AI applications, catering to the preferences of many developers in the AI community.

    Instant Autoscaling

    With features like instant autoscaling and sub-second cold starts, Modal ensures that applications can handle fluctuating workloads efficiently. This capability is crucial for maintaining performance during peak usage times without unnecessary delays.

    Elastic GPU Scaling

    Modal's platform supports elastic GPU scaling, which allows developers to dynamically allocate GPU resources based on workload demands. This flexibility enhances performance for AI tasks, ensuring that resources are used optimally.

    COMPANY CULTURE

    Values

  • Commitment to high-performance AI infrastructure

  • Focus on speed and scalability

  • Emphasis on a seamless developer experience

  • Passion for innovation and technology

  • Dedication to a code-first approach in Python
  • Operating Principles

  • Prioritize developer needs and feedback

  • Foster a culture of collaboration and teamwork

  • Encourage experimentation and learning from failures

  • Maintain transparency in communication and decision-making

  • Strive for continuous improvement in products and services
  • Benefits

  • Competitive salary and equity options

  • Flexible work hours and remote work opportunities

  • Comprehensive health and wellness programs

  • Professional development and learning resources

  • Supportive environment for work-life balance
  • Learning & Growth

  • Opportunities for mentorship and coaching

  • Regular training sessions on AI and technology trends

  • Access to industry conferences and workshops

  • Encouragement of personal projects and innovation

  • Focus on building a diverse skill set among employees
  • Team Cadence

  • Agile project management practices

  • Regular team meetings to align on goals

  • Bi-weekly retrospectives to reflect on progress

  • Open-door policy for feedback and discussions

  • Celebrations of team achievements and milestones
  • COMPENSATION SNAPSHOT

    Cohort too small to score (n < 5). Per-role bands shown below.
    Based on publicly available compensation ranges from job postings; exact compensation may vary.
    Engineering IC3n = 12
    $150K$300Kmedian $225K
    New York
    Engineering Managern = 5
    $190K$260Kmedian $225K
    New York
    US-only in v1 · only categories with n > 2 shown · in-person / hybrid / remote treated separately where n ≥ 3

    HIRING SIGNAL

    33
    Open roles right now
    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
    Other · 2
    GTM · 2
    G&A · 2
    Product · 2
    Support · 1
    Marketing · 3
    Operations · 3
    Engineering · 18
    Top Locations
    Where hiring is concentrated
    Remote-eligible postings counted separately
    New York
    25
    Stockholm
    4
    San Francisco
    4
    SourcesGreenhouseLeverAshbyWorkableSmartRecruitersRipplingRecruiteeFallback · Wellfound, YC Work-at-a-Startup, careers-page scrape

    KEY COMPANY ANNOUNCEMENTS

    Filter
    7 announcements · ranked by importance
    Oct 10, 2023FUNDINGModal Labs lands $16M to abstract away big data workload infrastructure | TechCrunchtechcrunch.com
    May 25, 2026FUNDINGModal's Series C: Raising $355M at a $4.65B valuationmodal.com
    Sep 1, 2025FUNDINGAI-Native Infrastructure Company Modal Raises $87M | Built In NYCbuiltinnyc.com
    Jun 23, 2026PRODUCTModal Auto Endpoints: Optimized inference you ownmodal.com
    Jun 3, 2026CONTROVERSYModal Major Outagestatus.modal.com
    May 18, 2026PRESSCutting inference cold starts by 40x with LP, FUSE, C/R, and CUDA-checkpointmodal.com
    Feb 26, 2026PRESSAccelerating AI research that accelerates AI researchmodal.com