Modal: $200M valuation, IPO Readiness 55, Series B. Modal provides cloud compute for AI and data science workloads, enabling ML engineers and data scientists to r. Track live on The IPO Stack.
Modal provides cloud compute for AI and data science workloads, enabling ML engineers and data scientists to run Python, GPU, and serverless workloads in the cloud without managing infrastructure. Valued at 200M USD with 60M raised, Modal competes with Baseten, Vercel, and AWS SageMaker in the 50B+ ML deployment market.
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Modal is valued at $200M as of September 2023. This valuation is based on its most recent private funding round tracked by TechStackIPO.
Accredited investors can access Modal shares through secondary market platforms, pre-IPO investment funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace tracks available access options. Note: pre-IPO investments carry higher risk and limited liquidity compared to public market investing.
Modal scores 55/100 (Grade: C) on TechStackIPO's IPO Readiness Index. The score evaluates funding scale, valuation trajectory, funding momentum, stage progression, and company maturity. Scores above 70 indicate strong near-term IPO potential.
Modal has raised $36M in total venture capital and private equity funding, with backing from Redpoint Ventures, Unusual Ventures.
Modal's notable investors include Redpoint Ventures, Unusual Ventures. Full investor details, funding round history, and lead investor breakdowns are available on TechStackIPO.
Modal is a Enterprise Software company. Modal provides cloud compute for AI and data science workloads, enabling ML engineers and data scientists to run Python,.