Fundz

Modal Labs reported raising $602 Million in an initial SEC Form D filing, from an offering of $800 Million

PRIVATEOct 20, 2026$601.9M of $800M raised

Amount Raised

$602 Million

$602 Million sold, per SEC Form D (first sale Oct 1, 2026)

Round Type

Venture

New YorkInformation TechnologyArtificial IntelligenceMachine LearningCloud Infrastructure

Quick answer

Modal Labs raised $602 Million in a funding round, dated October 1, 2026. Modal Labs is based in New York, New York, United States.

How much did Modal Labs raise?
Modal Labs raised $602 Million in a funding round on October 1, 2026.
What does Modal Labs do?
Modal Labs is a New York-based AI infrastructure company that provides technology solutions for artificial intelligence operations.
Where is Modal Labs based and how big is it?
Modal Labs is based in New York, New York, United States.

Source: Fundz verified event record.

Who else raised in Cloud Infrastructure and Artificial Intelligence around the same time

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

  • Upwind Security raised $400M (Series C) on October 28, 2026.
  • General Compute raised $132M (Series A) on October 27, 2026.
  • Granite raised $4.5M (Seed) on September 28, 2026.
  • empirik.ai raised $21M on September 2, 2026.
  • Corvex Legacy Holdings raised $33M on August 31, 2026.
  • Zencore raised an undisclosed amount on August 26, 2026.

Who to call at Modal Labs, and when

A new round usually means Modal Labs is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Modal Labs raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Modal Labs, from your own LinkedIn network

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Company Information

Company

Modal Labs

Location

233 Spring Street

New York, New York, United States

About

Modal Labs is a New York-based AI infrastructure company that provides technology solutions for artificial intelligence operations. The company has achieved an annual revenue run rate exceeding $1 billion, demonstrating significant scale in the AI infrastructure market. Modal Labs serves as a critical infrastructure provider supporting the broader AI ecosystem.

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Modal Labs 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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