Agent InfrastructureSeries DInfraℹModal
Elastic compute built for AI developers.
Company snapshot
- Stage
- Series D
- Funding
- Series D · $750M · Oct 14, 2026
- Status
- published
- Updated
- Nov 8, 2026
- Views
- Category
- Agent Infrastructure
- Website
- modal.com
What they're building
Elastic compute built for AI developers. Modal provides serverless cloud infrastructure for AI, letting developers scale inference, training, and agent sandboxes through code without managing the underlying GPU infrastructure.
Founders
Erik Bernhardsson
Co-founder and CEO
Akshat Bubna
Co-founder and CTO
Foundation model usage
Editorial estimates from product descriptions. Model providers and actual usage are not confirmed.
- Inferred architecture
- Agentic loops, Code generation
- Estimated model demand
- High intensity
NYC footprint
- NYC office
- 233 Spring Street, Floor 11, New York, NY
Funding
Latest funding: Series D · $750M · Oct 14, 2026. Lead investor: Accel.
Sources & location evidence
Open research desk ↗Profile source review: 2026-11-03. Official 2023 release explicitly identifies NYC headquarters; October 2026 post confirms a team spanning NY, SF, and Stockholm. October Series D supersedes May 2026 Series C. Exact cumulative funding is not stated in the latest announcement.
- https://modal.com/company ↗
- https://modal.com/blog/1-billion-annualized-run-rate-series-d ↗
- https://modal.com/blog/general-availability-and-series-a-press-release ↗
- https://modal.com/runtime/speakers ↗
Manhattan · verified office
233 Spring Street, Floor 11, New York, NY. Current primary company page publishes this in Visit Us, alongside its other global offices, and says the team is based in New York, Stockholm, and San Francisco. This is a public office listing rather than a legal-notice address. No publication date or neighborhood is displayed; borough and any ZIP enrichment should come from the address geocode.
Modal - Company / Visit Us ↗Source checked 2026-11-03
Notes
Modal is tagged infra based on buyer clarity, repeat workflow activity, public activity, and fit with the AI Atlas map.
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