AI/ML

Modular

Modular raises $250M Series C at $1.6B valuation

$250M
Total Raised
Series C
Latest Round
2022
Founded
180+
Employees
Palo Alto, CA
1 min read

Quick Facts

Valuation
$1.6B
Latest Round Size
$250M
Latest Round Date
September 2025

Modular: Series C Funding Round

Modular has successfully raised $250M in Series C funding, reaching a valuation of $1.6B.

Company Overview

Enterprise AI inference stack optimizing AI model deployment and performance

Funding Details

The Series C round was led by US Innovative Technology Fund.

Company Information

  • Headquarters: Palo Alto, CA
  • Founded: 2022
  • Employees: 180+
  • Category: AI/ML

Investment

Modular plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • US Innovative Technology Fund: Verified investor in Series C

Key Investors

US Innovative Technology Fund
Lead Investor
Verified investor in Series C

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources