Amount Raised
$16 Million
Round Type
Funding Round
New YorkSoftwareEducationE LearningTrainingCorporate Traininginformation technology & servicesDescription
Modal Labs, a platform that provides cloud-based infrastructure to data teams and app developers, particularly those creating generative AI applications, has raised $16 million in a Series A funding round led by Redpoint Ventures with participation from Amplify Partners Lux Capital and Definition Capital.
Quick answer
Modal raised $16 Million in a Funding Round round, dated October 10, 2023. Modal is based in New York, New York, United States.
- How much did Modal raise?
- Modal raised $16 Million in a Funding Round round on October 10, 2023.
- 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.
- Cognota raised $5.5M (Series A) on September 27, 2023.
- Transfr raised $40M (Funding Round) on September 29, 2023.
- Transfr raised $40M (Funding Round) on September 28, 2023.
- Focus Learning Corporation raised an undisclosed amount (Corporate Round) on September 27, 2023.
- Gizmo raised $3.5M (Seed) on September 21, 2023.
- Cleverly raised $9.2M (Funding Round) on September 13, 2023.
Who to call at Modal, and when
A new round usually means Modal is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Modal raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Modal, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Modal. With Fundz connected, it knows.
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Fundz sees it the moment Modal raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Modal raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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