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5 matching — model launches, API releases, product updates, financial events and news.

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May 20262

May 21, 2026Modal reports annualized revenue above $300MModal Labs · $300M ARR

Modal reported an annualized revenue run rate exceeding $300 million at the time of its Series C.

Modal Revenue disclosureModal Labs
May 21, 2026Modal raises $355M Series C at $4.65B valuationModal Labs · $355M raised · $4.65B* valuation

Modal raised $355 million in Series C financing at a $4.65 billion post-money valuation.

Modal Funding roundModal Labs

September 20251

Sep 29, 2025Modal raises $87M Series B at $1.1B valuationModal Labs · $87M raised · $1.1B* valuation

Modal announced its Series B, reported at $87 million and a $1.1 billion post-money valuation.

Modal Funding roundModal Labs

October 20231

Oct 10, 2023Modal announces $16M Series AModal Labs · $16M raised

Modal announced a $16 million Series A, bringing total capital raised to $23 million.

Modal Funding roundModal Labs

April 20221

Apr 12, 2022Modal raises $7M seed roundModal Labs · $7M raised

Modal raised $7 million in seed financing to build its serverless cloud platform.

Enterprise Tech 30 Funding roundModal Labs
1–5 of 5 releases