Fundz

Modal Labs reported raising $16.5 Million in an initial SEC Form D filing, from an offering of $18 Million

PRIVATEOct 29, 2025Late filing, first sale Jun 23, 2023$16.5M of $18M raised

Amount Raised

$16.5 Million

$16.5 Million sold, per SEC Form D (first sale Jun 23, 2023)

Round Type

Venture

New YorkSoftwareEducationE LearningTrainingCorporate Traininginformation technology & services

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.

  • Administrate raised $6.4M (Funding Round) on July 11, 2023.
  • Chalk Talk Solutions raised $200K (Seed) on July 18, 2023.
  • Bluon, Inc. raised $900K on June 30, 2023.
  • IVIX raised $13M (Series A) on August 7, 2023.
  • zick learn raised $547K (Seed) on August 3, 2023.
  • Local Logic raised $9.8M (Series B) on August 2, 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

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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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Fundz sees it the moment Modal raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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ML-powered predictions for Modal's next move

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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.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.