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AIMarketCap

Modal Labs

PrivateRank #21 by valueUnited StatesFounded 2021modal.com

AI infrastructure company providing a serverless cloud for GPU and CPU compute, inference, training, batch workloads, and secure agent sandboxes.

AI valuation
$4.65B*323%increase
May 21, 2026 · Modal
Change vs Sep 29, 2025

Key stats

Funding recorded · 4 rounds
$465M
Revenue · ARR
$300M
Releases · last 12 months
17
Upcoming
—
Models
0
Platforms & products
35
Latest release
Sep 14, 2026
Most active in
Products

Recent releases

View all →
Sep 14, 2026JavaScript and Go SDKs reach version 0.10Modal SDKs · 0.10

Modal updated its JavaScript and Go SDKs to the 0.10 generation.

Sep 14, 2026Modal scales to one million concurrent SandboxesModal Sandboxes

Modal reported support for up to one million concurrent Sandboxes.

Sep 14, 2026Sandbox Sidecars releasedSandbox Sidecars

Modal added sidecar processes to sandbox environments.

Jun 24, 2026Auto Endpoints add speculative decoding optimizationModal Inference

Modal documented state-of-the-art speculative decoding performance in Auto Endpoints.

Jun 23, 2026Dedicated Endpoints offered for production inferenceDedicated Endpoints

Modal introduced dedicated single-tenant endpoints for production model serving.

Jun 23, 2026Shared Endpoints offered for hosted modelsShared Endpoints

Modal introduced shared managed endpoints as part of its inference product line.

Jun 23, 2026Modal Servers launchedModal Servers

Modal introduced long-running high-performance server deployments.

Jun 23, 2026Modal Auto Endpoints launchedAuto Endpoints

Modal introduced automatically optimized and managed model endpoints.

Upcoming

Calendar →

Nothing scheduled.

AI valuation history

2 events
Financials →
$0
$2.5B
$5B
$7.5B
$10B
2026
Modal Labs AI valuation: Sep 29, 2025 $1.1B; May 21, 2026 $4.65B

Models

ModelReleased
No models recorded.

Platforms & products

35
NameLaunched
Sources 48
  • Sep 14, 2026 · JavaScript and Go SDKs reach version 0.10Modal
  • Sep 14, 2026 · Modal scales to one million concurrent SandboxesModal
  • Sep 14, 2026 · Sandbox Sidecars releasedModal
  • Jun 24, 2026 · Auto Endpoints add speculative decoding optimizationModal
  • Jun 23, 2026 · Dedicated Endpoints offered for production inferenceModal
  • Jun 23, 2026 · Shared Endpoints offered for hosted modelsModal
  • Jun 23, 2026 · Modal Servers launchedModal
  • Jun 23, 2026 · Modal Auto Endpoints launchedModal
  • May 21, 2026 · Modal reports annualized revenue above $300MModal
  • May 21, 2026 · Modal raises $355M Series C at $4.65B valuationModal
  • May 19, 2026 · Anthropic Claude Managed Agents integrates Modal SandboxesModal
  • Apr 7, 2026 · RTX PRO 6000 Blackwell GPUs become availableModal
  • Apr 7, 2026 · Sandbox Filesystem API enters betaModal
  • Mar 4, 2026 · Directory Snapshots releasedModal
  • Mar 4, 2026 · Modal CLI gains integrated changelogModal
  • Jan 28, 2026 · Sandbox observability and lifecycle controls expandModal
  • Jan 28, 2026 · Modal launches in AWS and Google Cloud MarketplacesModal
  • Oct 1, 2025 · Go SDK enters betaModal
  • Oct 1, 2025 · JavaScript SDK enters betaModal
  • Oct 1, 2025 · Volumes v2 enters betaModal
  • Sep 29, 2025 · Modal raises $87M Series B at $1.1B valuationModal
  • Jun 1, 2025 · Modal Notebooks releasedModal
  • Jun 1, 2025 · Sandbox snapshots releasedModal
  • May 1, 2025 · Modal Python client 1.0 releasedModal
  • Apr 16, 2025 · Batch workloads gain large-scale async inputsModal
  • Jan 21, 2025 · Modal Sandboxes reach general availabilityModal
  • Jan 21, 2025 · Modal Agents platform launchesModal
  • Sep 18, 2024 · Sandbox tunnels releasedModal
  • Sep 18, 2024 · CloudBucketMounts introducedModal
  • Sep 18, 2024 · Modal Secrets management expandsModal
  • Sep 18, 2024 · Modal Queues production support expandsModal
  • Sep 18, 2024 · Modal Dicts production support expandsModal
  • Sep 18, 2024 · Modal Volumes upgradedModal
  • Sep 18, 2024 · Modal storage platform expandsModal
  • Sep 18, 2024 · Model training workflows expandModal
  • Sep 18, 2024 · On-demand GPU compute expandsModal
  • Oct 10, 2023 · Modal Schedules reach GAModal
  • Oct 10, 2023 · Modal Web Endpoints reach GAModal
  • Oct 10, 2023 · Modal Images reach GAModal
  • Oct 10, 2023 · Modal Apps reach GAModal
  • Oct 10, 2023 · Modal developer platform reaches GAModal
  • Oct 10, 2023 · Modal Functions reach GAModal
  • Oct 10, 2023 · Modal inference platform reaches GAModal
  • Oct 10, 2023 · Modal compute platform reaches GAModal
  • Oct 10, 2023 · Modal announces $16M Series AModal
  • Oct 10, 2023 · Modal reaches general availabilityModal
  • Apr 12, 2022 · Modal raises $7M seed roundEnterprise Tech 30
  • Jan 1, 2021 · Modal foundedModal

* Market cap / valuation. Company values are AI-attributed: the latest market cap or valuation × the share attributed to AI (100% for pure AI companies). Methodology