Releases

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

Date	Release	Company	Type	Amount	Valuation	Source
May 21, 2026	Modal reports annualized revenue above $300M Modal reported an annualized revenue run rate exceeding $300 million at the time of its Series C.	Modal Labs	Revenue disclosure	$300M	—	Modal
May 21, 2026	Modal raises $355M Series C at $4.65B valuation Modal raised $355 million in Series C financing at a $4.65 billion post-money valuation.	Modal Labs	Funding round	$355M	$4.65B*	Modal
Sep 29, 2025	Modal raises $87M Series B at $1.1B valuation Modal announced its Series B, reported at $87 million and a $1.1 billion post-money valuation.	Modal Labs	Funding round	$87M	$1.1B*	Modal
Oct 10, 2023	Modal announces $16M Series A Modal announced a $16 million Series A, bringing total capital raised to $23 million.	Modal Labs	Funding round	$16M	—	Modal
Apr 12, 2022	Modal raises $7M seed round Modal raised $7 million in seed financing to build its serverless cloud platform.	Modal Labs	Funding round	$7M	—	Enterprise Tech 30

1–5 of 5 releases