Cloud Infrastructure
Modal
Modal raises $16M Series A at $100M valuation
$16M
Total Raised
Series A
Latest Round
2021
Founded
30+
Employees
548 Market Street, San Francisco, CA 94104
1 min read
Quick Facts
Valuation
$100M
Latest Round Size
$16M
Latest Round Date
April 2024
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
Key Investors
Redpoint Ventures
Lead Investor
Verified investor in Series A
Amplify Partners
Investor
Verified investor in Series A
BoxGroup
Investor
Verified investor in Series A
About the Author
Editorial Team
Curated funding news from verified sources
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