Private Market View

Modal Labs

New York, NY · Founded 2021 · Privately Held (backing)

Last price · $/share
Implied valuation
$2.5B
Total raised
$110.0M
Last round
Later Stage VC
Jul 2025

Key facts

  • Modal Labs’s last known valuation is $2.5B.
  • It has raised $110.0M across 2 recorded rounds; the latest was Later Stage VC ($59.7M) in Jul 2025.
  • Notable investors include General Catalyst, Gaingels, Lux Capital, Quiet Capital, Redpoint Ventures40 tracked in total.
  • Status: Privately Held (backing).
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Funding rounds

2 rounds
Jul 2025Later Stage VC$59.7MSEC filing
Jun 2023Early Stage VC$16.5MSEC filing

About Modal Labs

Developer of a serverless cloud computing platform designed to facilitate the deployment and scaling of compute-intensive workloads for machine learning and data processing. The company's platform supports containerised environments defined in code, automatic scaling from zero to hundreds of GPUs on demand, real-time monitoring, job scheduling, and integration with key cloud tools, enabling AI and machine learning teams to run large-scale inference, training, and batch processing workloads efficiently without manual infrastructure management.

Sector
Information Technology
HQ
New York, NY, United States
Founded
2021
Employees
14
Website
modal.com/
Ownership
Privately Held (backing)
PA Mark — not yet priced

Modal Labs doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.

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Recorded secondary trades

No prints on record

No secondary trades in Modal Labs shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.

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Institutional fund marks

No fund marks yet

No SEC-registered fund has reported a fair-value mark on Modal Labs in its N-PORT filings yet. We sweep new filings monthly.

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