Modal raised $355 million in a Series C round at a post-money valuation of $4.65 billion.
- Amount
- $355M
- Stage
- Series C
- Announced
- 22 May 2026
- Leads
- General Catalyst, Redpoint
- Other investors
- Menlo, Bain Capital Ventures, Accel
- Use of funds
- Expand low-latency inference primitives, streamline RL training loops, scale parallel sandbox infrastructure, build out developer team.
- Valuation
- $4.7B
- Checked
- Amount and date checked against the press source