Series C+ · 2026-10-15 · AI
Modal raises $750.0M
88
AI Score
Amount
$750.0M
Round
Series C+
Lead
Accel
HQ
New York, US
Why it matters: Modal's $750M round at a $15.75B valuation shows how fast AI infrastructure multiples are moving, with its Sandboxes product now carrying nearly a third of the run rate.
Modal raised $750M at a $15.75B valuation led by Accel, with Kleiner Perkins joining.
- Participants:
- Kleiner Perkins, Menlo Ventures, General Catalyst, Redpoint, Lux Capital, Bain Capital Ventures
- Source:
- Tech Funding News ↗ · Midu summary
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