Modal
A deep look at Modal's finances, team, and market position in the AI Infrastructure space.
Updated Mar 21, 2026Awaira Score
Out of 100
HQ
United States
Founded
2021
Raised
$111M
Stage
Series B
Team
30
Valuation
$1.1B
Post-money
Total Raised
$111M
All rounds
Awaira Score
71/100
Founded
2021
30 employees
Awaira estimate based on public data. Not financial advice.
About Modal
Modal is an AI infrastructure company founded in 2021 that provides cloud computing tools for machine learning and artificial intelligence applications. The platform enables developers to build, deploy, and scale AI models with reduced infrastructure complexity. Modal's core offering centers on serverless computing infrastructure specifically optimized for AI workloads, allowing users to run…
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Strengths
Unicorn status with $1.1B valuation
Strong Awaira Score of 71/100
Based in the US, the world's largest AI market
Considerations
Small team may limit scaling capacity
Analysis based on publicly available data. Not investment advice.
Market Position
Modal is a AI unicorn in the AI Infrastructure sector. Founded in 2021, the company is currently at the Series B stage with a team of approximately 30 employees. With $111M in total disclosed funding, Modal has demonstrated the ability to attract institutional capital. The company competes with 3 other tracked AI Infrastructure companies on Awaira, including CoreWeave and Graphcore.
Key Numbers
Awaira Score
71/100
Valuation
$1.1B
Total Funding
$111M
Founded
2021
Employees
30
Stage
Series B
Why Track Modal?
Modal holds unicorn status in the AI Infrastructure space, placing it among the highest-valued private AI companies globally.
Among 3 tracked competitors, Modal ranks #3 by valuation — a metric investors and analysts use to gauge market standing.
Tracking Modal on Awaira provides real-time updates on funding rounds, investor activity, and competitive moves in the AI Infrastructure market.
Competitor Comparison
Funding Rounds
Inactive$7M
Jan 2022
Open Positions at Modal
View all jobs →Modal Latest News
Compare Modal
See how Modal stacks up against competitors in valuation, funding, team size, and Awaira Score.
Browse all comparisons →Founded Same Year (2021)
Similar by Funding Stage (Series B)
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