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Modal Labs

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uuid00004zo

Namestring
Modal Labs
Legal namestring
Modal Labs
Websiteurl
modal.com
Company typeenum
Private
Founded yearint
2021
Descriptiontext

Modal Labs operates a serverless GPU cloud platform purpose-built for AI workloads. The platform provides an AI-native runtime with sub-second container cold starts, instant autoscaling from zero to over 1,000 GPUs, and multi-cloud GPU routing across regions in real time. The product portfolio rests on a Core Platform (the underlying container runtime) and includes three core products — Inference (LLM and multi-modal inference serving with vLLM and OpenAI-compatible APIs), Training (single-GPU fine-tuning up to 128x B200 multi-node training with 3,200 Gbps Infiniband, RL, and parallel hyperparameter sweeps), and Sandboxes (isolated, ephemeral GPU environments for coding agents, background agents, and RL rollouts at hundreds of thousands of concurrent runs) — plus Batch and Notebooks modules. The entire platform is programmable from Python via the Modal SDK, with no YAML or infrastructure configuration files required.

The business model is usage-based, charging per second of GPU compute, with a $30 free credit for new sign-ups and a fully self-service product-led go-to-market. Customers span AI-native startups (Suno, Runway, Decagon, Physical Intelligence, Lovable, Chai Discovery, Reducto, Substack) and larger enterprises (Quora), with documented outcomes including 65% latency reduction (Decagon), 3x latency decrease (Reducto), 10-15 ms latency for robot control (Physical Intelligence), and 4 months faster time-to-launch (Suno). The platform is SOC2 Type 2 and HIPAA compliant, has reported 99.937% uptime over a 30-day window, and supports sub-10ms overhead latency for online inference from globally distributed compute. Modal's customer base is horizontal, and marketing and developer relations are built around documentation, an open-source GitHub examples repository, a Slack community, technical blog posts, a GPU Glossary, and YouTube tutorials.

Short descriptiontext

Modal Labs provides a serverless GPU cloud platform purpose-built for AI workloads, offering inference, training, batch processing, and sandboxed code execution via a Python SDK. The platform serves AI/ML developers, AI-native startups (Suno, Runway, Decagon, Lovable), and enterprises (Quora) with usage-based pricing and self-service onboarding.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
serverless GPU cloud, AI infrastructure platform, GPU compute orchestration, ML training and inference, AI agent runtime
Industry4 codes
PRIMARYHDAAAAAK
AI Compute Cloud & GPU-as-a-Service
Hardware, Technology & Telecom/Artificial Intelligence & Machine Learning/AI Infrastructure & Compute (GPUs/ASICs, accelerators)
SECONDARYHDABAAAC
Serverless & Functions-as-a-Service (FaaS)
SECONDARYHDAAAAAG
AI Compute Virtualization & Scheduling (GPU virtualization, cluster schedulers)
Hardware, Technology & Telecom/Artificial Intelligence & Machine Learning/AI Infrastructure & Compute (GPUs/ASICs, accelerators)
SECONDARYHDACABAG
GPU-Accelerated & AI Training/Inference Servers
NAICS code3 codes
  • Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services518
  • Computer Facilities Management Services541513
  • Computer Systems Design and Related Services54151
SIC code2 codes
  • Services-Prepackaged Software7372
  • Services-Computer Processing & Data Preparation7374
Product category
Cloud GPU Infrastructure
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1GPU compute consumption
TypeUsage Based
Description

Pay-per-second usage for GPU compute time. Users scale from 0 to 1000+ GPUs and pay only for what they use. No reserved capacity required.

modal.com
2Free tier / trial credit
TypeFreemium
Description

$30 free compute credit for new users to try the platform. Enables product-led onboarding without upfront commitment.

modal.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations
Pricing details1 tier
1Free tier with $30 compute credit
ModelFreemiumBilling cadenceMonthly
Notes

$30 / month free compute for new users to get started with the platform.

modal.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 4 records shown
1Modal SDK
Description

Python SDK for cloud compute infrastructure

modal.com
+3 more records
Core offering1 text field

Modal Labs operates an AI-native serverless GPU cloud platform that lets developers run inference, training, batch processing, and isolated code execution on NVIDIA GPUs (H100s, A100s, B200s, H200s, L40S, A10Gs) without managing infrastructure. Workloads are defined in Python via the Modal SDK, deploy in seconds, and elasticly scale from 0 to 1,000+ GPUs across multiple cloud providers with sub-second cold starts.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • 65% latency reduction for Decagon
+5 more records
Product overview1 text field

Modal Labs offers an AI-native cloud platform for serverless GPU workloads. The Core Platform provides the foundational runtime with sub-second cold starts, instant autoscaling (0 to 1000+ GPUs), and GPU infrastructure (H100s, A100s, A10Gs, B200s, H200s, L40S). Built on top are three core products: Inference (LLM and multi-modal inference serving), Training (fine-tuning, multi-node training, RL, hyperparameter sweeps), and Sandboxes (isolated code execution for agents and untrusted code). Add-on modules include Batch (parallel batch inference), Notebooks (Jupyter on GPUs), and the Modal SDK (Python developer interface). The entire portfolio is programmable from Python with no YAML, no infrastructure configuration files, and scales to zero between requests. Pricing offers $30/month free compute, with GPU workloads billed per second.

Product and service4 records
1Inference
CategoryAI Inference
Description

Serverless inference product for deploying and scaling LLM and multi-modal inference workloads (text, image, video, audio, embeddings). Supports any model or inference engine on H100s, A100s, A10Gs and more, with scale-to-zero between requests and burst scaling. Includes OpenAI-compatible API endpoints, token streaming, WebRTC, and WebSocket support.

2Training
CategoryAI Training
Description

End-to-end training product for fine-tuning and training ML models, from single-GPU SFT, LoRA, and full fine-tunes to multi-node clusters up to 128 B200s with 3200 Gbps Infiniband networking. Supports reinforcement learning with thousands of concurrent trajectories and parallel hyperparameter sweeps.

3Sandboxes
CategoryAgent Runtime
Description

Isolated, ephemeral, GPU-accelerated execution environments for running untrusted code, coding agents, background agents, and RL rollouts. Spins up hundreds of thousands of concurrent rollout environments in seconds with custom images and dependencies.

4Batch
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeTechnology or Integration
Description

Modal integrates with Hugging Face Hub for model hosting and downloads. Modal Volumes are used for caching Hugging Face model weights. Users can fine-tune models from Hugging Face and deploy inference endpoints.

Strategic tierCoreTypeTechnology or Integration
Description

Modal uses vLLM as the primary inference engine for LLM serving, with native support for LoRA adapter swapping and OpenAI-compatible APIs.

Strategic tierCoreTypeTechnology or Integration
Description

Modal CloudBucketMount feature enables mounting S3 buckets directly into Modal apps for reading and writing cloud storage as local directories.

Strategic tierCoreTypeTechnology or Integration
Description

Modal provides access to NVIDIA GPUs (H100s, A100s, A10Gs, B200s, H200s, L40S) across cloud providers. GPU scheduling and fleet management built on NVIDIA infrastructure.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight7 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

CoreWeave is a GPU-focused cloud provider offering large-scale H100/B200 compute for AI training and inference. It is the closest direct peer to Modal — same customer base (AI labs, startups, enterprises), same product (GPU cloud), competing on performance, scale, and developer tooling.

TypeDirect peer
Description

Lambda operates GPU cloud instances and clusters for AI training and inference, with both on-demand and reserved offerings. Competes with Modal for AI developers seeking high-performance GPU compute, with a similar focus on Python/ML workflows.

TypeDirect peer
Description

Together AI provides serverless and dedicated GPU inference for open-source LLMs, with a developer-friendly API and per-token pricing. Closely parallels Modal's Inference product in targeting AI startups with pay-as-you-go GPU inference.

TypeDirect peer
Description

RunPod offers on-demand GPU pods and serverless endpoints for AI inference and training at competitive prices. Targets the same developer-led AI workload segment as Modal and competes on price and per-second billing.

TypeDirect peer
Description

Anyscale (creators of Ray) provides managed compute for distributed AI workloads, including training, fine-tuning, and inference at scale. Competes with Modal's Training product for ML teams running multi-node training and RL rollouts.

TypeDirect peer
Description

Replicate offers a serverless cloud for running open-source ML models via API, with a developer-focused, PLG motion similar to Modal. Targets AI developers wanting simple per-prediction inference without managing infrastructure.

TypeEmerging player
Description

Fireworks AI provides optimized open-source LLM inference and fine-tuning APIs with low-latency serving. Comparable to Modal's Inference and LoRA-swap capabilities, with stronger emphasis on model API rather than raw GPU infrastructure.

TypeBroad incumbent
Description

AWS offers managed AI/ML infrastructure (SageMaker) and foundation-model services (Bedrock) with broader enterprise reach. Competes with Modal across the same workloads but lacks Modal's AI-native developer ergonomics and sub-second cold-start focus.

TypeBroad incumbent
Description

Google Cloud's Vertex AI provides managed training, tuning, and inference on TPUs/GPUs with deep integration into the Google ecosystem. Competes broadly with Modal for AI workloads, particularly for customers already on GCP.

TypeBroad incumbent
Description

Azure AI offers managed compute, model serving, and MLOps tooling integrated with the broader Azure enterprise stack. Competes with Modal for enterprise AI workloads, particularly via OpenAI partnership and Azure ML.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers9 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
Yes

Docs URL, Description

Integration10 records

Each record includes

Title, Type, Description, Source

AI capability11 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature9 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds5 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors19 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Modal Labs

Cloud GPU Infrastructuremodal.com

Modal Labs provides a serverless GPU cloud platform purpose-built for AI workloads, offering inference, training, batch processing, and sandboxed code execution via a Python SDK. The platform serves AI/ML developers, AI-native startups (Suno, Runway, Decagon, Lovable), and enterprises (Quora) with usage-based pricing and self-service onboarding.

What Modal Labs does

Modal Labs operates a serverless GPU cloud platform purpose-built for AI workloads. The platform provides an AI-native runtime with sub-second container cold starts, instant autoscaling from zero to over 1,000 GPUs, and multi-cloud GPU routing across regions in real time. The product portfolio rests on a Core Platform (the underlying container runtime) and includes three core products — Inference (LLM and multi-modal inference serving with vLLM and OpenAI-compatible APIs), Training (single-GPU fine-tuning up to 128x B200 multi-node training with 3,200 Gbps Infiniband, RL, and parallel hyperparameter sweeps), and Sandboxes (isolated, ephemeral GPU environments for coding agents, background agents, and RL rollouts at hundreds of thousands of concurrent runs) — plus Batch and Notebooks modules. The entire platform is programmable from Python via the Modal SDK, with no YAML or infrastructure configuration files required.

The business model is usage-based, charging per second of GPU compute, with a $30 free credit for new sign-ups and a fully self-service product-led go-to-market. Customers span AI-native startups (Suno, Runway, Decagon, Physical Intelligence, Lovable, Chai Discovery, Reducto, Substack) and larger enterprises (Quora), with documented outcomes including 65% latency reduction (Decagon), 3x latency decrease (Reducto), 10-15 ms latency for robot control (Physical Intelligence), and 4 months faster time-to-launch (Suno). The platform is SOC2 Type 2 and HIPAA compliant, has reported 99.937% uptime over a 30-day window, and supports sub-10ms overhead latency for online inference from globally distributed compute. Modal's customer base is horizontal, and marketing and developer relations are built around documentation, an open-source GitHub examples repository, a Slack community, technical blog posts, a GPU Glossary, and YouTube tutorials.

Modal Labs firmographics

Firmographics
Name
Modal Labs
Legal name
Modal Labs
Website
https://modal.com
Company type
Private
Founded year
2021
Operating status
Operating
Headcount range
51–100 employees
Short description
Modal Labs provides a serverless GPU cloud platform purpose-built for AI workloads, offering inference, training, batch processing, and sandboxed code execution via a Python SDK. The platform serves AI/ML developers, AI-native startups (Suno, Runway, Decagon, Lovable), and enterprises (Quora) with usage-based pricing and self-service onboarding.
Ownership category
akta.pro rank

Modal Labs industry classification

Industry
Product category
Cloud GPU Infrastructure
NAICS
Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computer Facilities Management Services (541513), Computer Systems Design and Related Services (54151)
SIC
Services-Prepackaged Software (7372), Services-Computer Processing & Data Preparation (7374)
akta.pro industry
PRIMARYHDAAAAAK
AI Compute Cloud & GPU-as-a-Service
Hardware, Technology & Telecom/Artificial Intelligence & Machine Learning/AI Infrastructure & Compute (GPUs/ASICs, accelerators)
SECONDARYHDABAAAC
Serverless & Functions-as-a-Service (FaaS)
SECONDARYHDAAAAAG
AI Compute Virtualization & Scheduling (GPU virtualization, cluster schedulers)
Hardware, Technology & Telecom/Artificial Intelligence & Machine Learning/AI Infrastructure & Compute (GPUs/ASICs, accelerators)
SECONDARYHDACABAG
GPU-Accelerated & AI Training/Inference Servers

Keywords

  • Serverless GPU cloud
  • AI infrastructure platform
  • GPU compute orchestration
  • ML training and inference
  • AI agent runtime

Where Modal Labs is headquartered

Location

Headquarters

HQ city
New York
HQ country
United States
HQ region
North America

Markets served

Modal Labs business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations

Revenue model

  1. GPU compute consumption: Pay-per-second usage for GPU compute time. Users scale from 0 to 1000+ GPUs and pay only for what they use. No reserved capacity required.
  2. Free tier / trial credit: $30 free compute credit for new users to try the platform. Enables product-led onboarding without upfront commitment.

Pricing tiers

ModelBillingPrice
FreemiumMonthlyFree tier with $30 compute credit

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Modal Labs product offering

Product offering

Core offering

Modal Labs operates an AI-native serverless GPU cloud platform that lets developers run inference, training, batch processing, and isolated code execution on NVIDIA GPUs (H100s, A100s, B200s, H200s, L40S, A10Gs) without managing infrastructure. Workloads are defined in Python via the Modal SDK, deploy in seconds, and elasticly scale from 0 to 1,000+ GPUs across multiple cloud providers with sub-second cold starts.

Product overview

Modal Labs offers an AI-native cloud platform for serverless GPU workloads. The Core Platform provides the foundational runtime with sub-second cold starts, instant autoscaling (0 to 1000+ GPUs), and GPU infrastructure (H100s, A100s, A10Gs, B200s, H200s, L40S). Built on top are three core products: Inference (LLM and multi-modal inference serving), Training (fine-tuning, multi-node training, RL, hyperparameter sweeps), and Sandboxes (isolated code execution for agents and untrusted code). Add-on modules include Batch (parallel batch inference), Notebooks (Jupyter on GPUs), and the Modal SDK (Python developer interface). The entire portfolio is programmable from Python with no YAML, no infrastructure configuration files, and scales to zero between requests. Pricing offers $30/month free compute, with GPU workloads billed per second.

Differentiator

Problem solved

Functional benefit

Brands

  • Modal SDK: Python SDK for cloud compute infrastructure
  • Modal Cloud
  • DoppelBot
  • GPU Glossary

Products and services

  • Inference Serverless inference product for deploying and scaling LLM and multi-modal inference workloads (text, image, video, audio, embeddings). Supports any model or inference engine on H100s, A100s, A10Gs and more, with scale-to-zero between requests and burst scaling. Includes OpenAI-compatible API endpoints, token streaming, WebRTC, and WebSocket support.
  • Training End-to-end training product for fine-tuning and training ML models, from single-GPU SFT, LoRA, and full fine-tunes to multi-node clusters up to 128 B200s with 3200 Gbps Infiniband networking. Supports reinforcement learning with thousands of concurrent trajectories and parallel hyperparameter sweeps.
  • Sandboxes Isolated, ephemeral, GPU-accelerated execution environments for running untrusted code, coding agents, background agents, and RL rollouts. Spins up hundreds of thousands of concurrent rollout environments in seconds with custom images and dependencies.
  • Batch

Quantifiable outcome

  • 65% latency reduction for Decagon
  • +5 more outcomes

Companies that use Modal Labs

Customer profile

Named customers9 records

Segments4 records

Ideal customer profiles2 records

Modal Labs technology and API

Technology

Technology focussed Yes

API detail

Has API
Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability11 records

Feature9 records

Modal Labs partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core.

  • Hugging FacecoreTechnology or IntegrationModal integrates with Hugging Face Hub for model hosting and downloads. Modal Volumes are used for caching Hugging Face model weights. Users can fine-tune models from Hugging Face and deploy inference endpoints.
  • vLLMcoreTechnology or IntegrationModal uses vLLM as the primary inference engine for LLM serving, with native support for LoRA adapter swapping and OpenAI-compatible APIs.
  • AWS S3coreTechnology or IntegrationModal CloudBucketMount feature enables mounting S3 buckets directly into Modal apps for reading and writing cloud storage as local directories.
  • NVIDIAcoreTechnology or IntegrationModal provides access to NVIDIA GPUs (H100s, A100s, A10Gs, B200s, H200s, L40S) across cloud providers. GPU scheduling and fleet management built on NVIDIA infrastructure.

Scale indicators5 records

Recent moves6 records

Expansion highlights7 records

Modal Labs competitors and assessment

Company assessment

Direct peers

  • CoreWeave: CoreWeave is a GPU-focused cloud provider offering large-scale H100/B200 compute for AI training and inference. It is the closest direct peer to Modal — same customer base (AI labs, startups, enterprises), same product (GPU cloud), competing on performance, scale, and developer tooling.
  • Lambda Labs: Lambda operates GPU cloud instances and clusters for AI training and inference, with both on-demand and reserved offerings. Competes with Modal for AI developers seeking high-performance GPU compute, with a similar focus on Python/ML workflows.
  • Together AI: Together AI provides serverless and dedicated GPU inference for open-source LLMs, with a developer-friendly API and per-token pricing. Closely parallels Modal's Inference product in targeting AI startups with pay-as-you-go GPU inference.
  • RunPod: RunPod offers on-demand GPU pods and serverless endpoints for AI inference and training at competitive prices. Targets the same developer-led AI workload segment as Modal and competes on price and per-second billing.
  • Anyscale: Anyscale (creators of Ray) provides managed compute for distributed AI workloads, including training, fine-tuning, and inference at scale. Competes with Modal's Training product for ML teams running multi-node training and RL rollouts.
  • Replicate: Replicate offers a serverless cloud for running open-source ML models via API, with a developer-focused, PLG motion similar to Modal. Targets AI developers wanting simple per-prediction inference without managing infrastructure.

Emerging players

  • Fireworks AI: Fireworks AI provides optimized open-source LLM inference and fine-tuning APIs with low-latency serving. Comparable to Modal's Inference and LoRA-swap capabilities, with stronger emphasis on model API rather than raw GPU infrastructure.

Broad incumbents

  • AWS (SageMaker / Bedrock): AWS offers managed AI/ML infrastructure (SageMaker) and foundation-model services (Bedrock) with broader enterprise reach. Competes with Modal across the same workloads but lacks Modal's AI-native developer ergonomics and sub-second cold-start focus.
  • Google Cloud Vertex AI: Google Cloud's Vertex AI provides managed training, tuning, and inference on TPUs/GPUs with deep integration into the Google ecosystem. Competes broadly with Modal for AI workloads, particularly for customers already on GCP.
  • Microsoft Azure AI: Azure AI offers managed compute, model serving, and MLOps tooling integrated with the broader Azure enterprise stack. Competes with Modal for enterprise AI workloads, particularly via OpenAI partnership and Azure ML.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Modal Labs social profiles

Digital presence

Modal Labs compliance and trust

Trust signal

Compliance2 records

Modal Labs financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Modal Labs leadership team

Management profile

Number of profiles

Profiles1 record

Modal Labs funding detail

Funding detail

Funding overview

Funding rounds5 records

Investors19 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Modal Labs M&A and investment

M&A and investment

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Modal Labs

What does Modal Labs do?

Modal Labs operates an AI-native serverless GPU cloud platform that lets developers run inference, training, batch processing, and isolated code execution on NVIDIA GPUs (H100s, A100s, B200s, H200s, L40S, A10Gs) without managing infrastructure. Workloads are defined in Python via the Modal SDK, deploy in seconds, and elasticly scale from 0 to 1,000+ GPUs across multiple cloud providers with sub-second cold starts.

Is Modal Labs a public or private company?

Modal Labs is a private company. It is classified as venture growth investor backed and is currently operating.

When was Modal Labs founded?

Modal Labs was founded in 2021. It employs 51 to 100 people.

Where is Modal Labs based?

Modal Labs is headquartered in New York, United States, in the North America region.

How does Modal Labs make money?

Two revenue lines are on record. GPU compute consumption is the primary driver. The others are free tier / trial credit.

Who are Modal Labs's main competitors?

Direct peers on record are CoreWeave, Lambda Labs, Together AI, RunPod, Anyscale and Replicate. Fireworks AI is listed as an emerging player. Broad incumbents are AWS (SageMaker / Bedrock), Google Cloud Vertex AI and Microsoft Azure AI.

Does Modal Labs have an API?

Yes. Modal provides a Python SDK (modal) that allows developers to define and deploy serverless functions and classes via decorators such as @app.function(), @app.cls(), @app.server(), @modal.wsgi_app(), @modal.asgi_app(), and @modal.fastapi_endpoint(). The SDK exposes methods for remote execution (.remote()), local execution (.local()), parallel mapping (.map(), .starmap()), spawning without waiting (.spawn()), batching (.batched), and dynamic configuration overrides (.with_options(), .with_concurrency(), .with_batching()). Functions can be invoked via the modal run CLI, modal deploy, or programmatically. Secrets management, volume mounts, GPU allocation, scheduling, and autoscaling are all configurable through the SDK. An OpenAI-compatible API is supported via vLLM serving for LLM inference. Developer documentation is at modal.com/docs.

What industry is Modal Labs in?

Modal Labs's product category is Cloud GPU Infrastructure. Its primary akta.pro industry code is HDAAAAAK, AI Compute Cloud & GPU-as-a-Service, with a secondary code of HDABAAAC, Serverless & Functions-as-a-Service (FaaS). Its NAICS code is 518 and its SIC code is 7372.

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Live signals
Crunchbase NewsThe Week’s 10 Biggest Funding Rounds: Spending Contracts For Latest AI-Driven Startup BatchTen U.S. startups raised over $1.5 billion in funding this week, with Modal Labs leading at $750 million and Icon at $200 million. Other rounds included biotech, insurance, and AI sectors, with most deals in the $60-135 million range.Tech TimesModal Labs Sandboxes Hits $300M Run Rate: Isolated Code Execution Becomes Its Own MarketModal Labs crossed $1 billion in annualized run rate and closed a $750 million Series D at a $15.75 billion valuation. Its Sandboxes product, an isolated code execution environment, now generates $300 million in annualized revenue, accounting for 30% of total ARR. The company plans to expand reinforcement learning and post-training infrastructure.DatacenterdynamicsAI cloud Modal raises $750m in Series D funding roundModal raised $750 million in a Series D round led by Accel, valuing the AI cloud company at $15.75 billion. The funding follows a Series C of $355 million five months prior. Modal reported crossing $1 billion in annualized run rate and tripling usage since then.The SaaS NewsModal Labs Raises $750M Series DModal Labs raised $750 million in a Series D round at a $15.75 billion post-money valuation, led by Accel. The New York-based AI infrastructure company will use the funds to invest in multi-node training, reinforcement learning, and post-training products, as well as expand virtual-machine support within its Sandboxes product.TechStartupsStartup Funding News Today, October 15, 2026: Modal, Labelbox, OMass Therapeutics, Skeleton Technologies & MoreOver $1.51 billion in funding flowed into 10 startups over 24 hours, led by Modal's $750 million Series D at a $15.75 billion valuation. OMass Therapeutics raised $310 million for hormonal and autoimmune treatments, while Skeleton Technologies secured over $100 million in Siemens-led financing. The activity reflects investor focus on AI infrastructure and specialized technologies.FuturumModal Hits $1B Run Rate: AI Infrastructure BoomModal crossed $1B in annualized run rate and raised a $750M Series D at a $15.75B post-money valuation, with usage tripling in five months. Usage grew 15x year-over-year, and its Sandboxes product reached $300M run rate with 3 billion executions. The company positions itself to capture a share of the $181.3B AI platforms market by 2026.Tech Funding NewsModal becomes latest decacorn after $750M raise to build cloud infrastructure for AI agents — TFNModal raised $750M at a $15.75B valuation, led by Accel, with Kleiner Perkins joining. The company's annualized run rate crossed $1B, and its Sandboxes product reached a $300M run rate. The valuation is more than three times its May 21 Series C.BusinessCloudModal Labs valued at almost $16bn after launching in LondonModal Labs, an AI cloud infrastructure platform, was valued at $15.75 billion after launching in London. The company raised a $750 million Series D round led by Accel, with usage tripling and annualized run rate exceeding $1 billion. It plans to expand its London office with engineering and other functions.PYMNTS.comModal Triples Valuation to $15B as AI Demand ExplodesModal raised $750 million in a Series D round, valuing the AI infrastructure startup at $15.75 billion. The valuation is more than triple its May Series C valuation of $4.65 billion, and usage has tripled since then. The company crossed $1 billion in annualized run rate.The Next WebModal raises $750M at $15.75bn valuation as run rate tops $1bnModal raised $750 million in a Series D round at a $15.75 billion valuation, led by Accel with Kleiner Perkins joining. The company now earns over $1 billion annually, with usage tripling since its Series C. It plans to launch more AI training and fine-tuning products.