Cloud Infrastructure
Modal
Modal raises $16M Series A at $100M valuation
548 Market Street, San Francisco, CA 94104April 16, 20241 min read
Total Raised
$16M
Valuation
$100M
Latest Round
Series A
Employees
30+
Modal: Series A Funding Round
Modal has successfully raised $16M in Series A funding, reaching a valuation of $100M.
Company Overview
Serverless cloud for data/ML teams
Funding Details
The Series A round was led by Redpoint Ventures, with participation from Amplify Partners, BoxGroup.
Company Information
- Headquarters: 548 Market Street, San Francisco, CA 94104
- Founded: 2021
- Employees: 30+
- Category: Cloud Infrastructure
Investment
Modal plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- Redpoint Ventures: Verified investor in Series A
- Amplify Partners: Verified investor in Series A
- BoxGroup: Verified investor in Series A
Company Info
Headquarters
548 Market Street, San Francisco, CA 94104
Founded
2021
Team Size
30+
Last Round
$16M(Apr 2024)
Investors (3)
R
Redpoint VenturesLeadLead Investor
Verified investor in Series A
A
Amplify PartnersInvestor
Verified investor in Series A
B
BoxGroupInvestor
Verified investor in Series A
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