How much did Modal raise?

Modal raised $59.7 Million in a funding round on July 31, 2025.

Where is Modal based and how big is it?

Modal is based in New York, New York, United States. Fundz records about 210 employees.

Who are the decision-makers at Modal?

Fundz holds 1 contact at Modal. Names and contact details are shown to Fundz members.

Modal Labs reported raising $59.7 Million in an initial SEC Form D filing, from an offering of $94.4 Million

PRIVATEOct 29, 2025$59.7M of $94.4M raised

Amount Raised

$59.7 Million

$59.7 Million sold, per SEC Form D (first sale Jul 31, 2025)

Round Type

Venture

New YorkSoftwareEducationE LearningTrainingCorporate Traininginformation technology & services

Quick answer

Modal raised $59.7 Million in a funding round, dated July 31, 2025. Modal is based in New York, New York, United States.

How much did Modal raise?: Modal raised $59.7 Million in a funding round on July 31, 2025.
What does Modal do?: Modal is a company that provides a global, code-first compute platform built specifically for AI and machine learning workloads.
Where is Modal based and how big is it?: Modal is based in New York, New York, United States. Fundz records about 210 employees.
Who are the decision-makers at Modal?: Fundz holds 1 contact at Modal. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Education and E Learning around the same time

Companies in the same sectors as Modal that raised within 45 days of this round, from Fundz verified event records.

Wibo raised $580K (Seed) on June 23, 2025.
Wooclap raised $29M (Funding Round) on September 4, 2025.
Opennote raised $850K (Pre-Seed) on July 11, 2025.
Parabolic Technologies, Inc. raised $2.2M (Seed) on June 30, 2025.
Parabolic Technologies, Inc. raised $150K on June 23, 2025.
TwinMind AI raised $6M (Seed) on September 14, 2025.

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Company Information

Company

Modal

Location

222 Broadway

New York, New York, United States

About

Modal is a company that provides a global, code-first compute platform built specifically for AI and machine learning workloads. Its platform supports the full machine learning lifecycle, from training and inference to batch processing and sandboxed environments. Modal’s technology is designed to address the growing demands of AI workloads, including generative AI inference, large language model fine-tuning, computational biotech, media processing, and other resource-intensive applications. With headquarters in New York, Stockholm, and San Francisco, Modal’s customer base includes companies working on a wide range of AI applications, from drug discovery to generative media production.

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Modal raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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