Modular AI
🔥 HOTModular AI's full profile: funding, valuation, competitors, and the people behind the company.
Awaira Score
Out of 100
HQ
United States
Founded
2022
Raised
$380M
Stage
Series C
Team
150
About Modular AI
Modular AI, founded in 2022 and valued at $1.6 billion, develops infrastructure software for AI systems. The company has raised $380 million in Series C funding. Modular AI's core focus is building compiler and runtime technologies that optimize AI model execution across diverse hardware platforms. The company's primary product is Mojo, a programming language designed to bridge the gap between…
Key Facts
- Modular AI is valued at $1.6B as of March 2026.
- Modular AI has raised a total of $380M in disclosed funding across 4 funding rounds.
- Modular AI was founded in 2022 by Chris Lattner and is headquartered in United States.
- Modular AI employs approximately 150 people.
- Modular AI operates in the AI Infrastructure category and is currently at the Series C stage.
- Modular AI has an Awaira Score of 76/100, ranking it among the tracked AI companies on Awaira.
- Modular AI's most recent funding round was a Series C of $150M closed in January 2024.
Source: Awaira · Updated Mar 24, 2026
Valuation
$1.6B
Post-money
Total Raised
$380M
All rounds
Awaira Score
76/100
Founded
2022
150 employees
Strengths & Risks
Strengths
Unicorn status with $1.6B valuation
Strong Awaira Score of 76/100
Growing team of 150 employees
Analysis based on publicly available data. Not investment advice.
Funding Velocity
4
Total Rounds
$95M
Avg Round Size
2.0yr
Funding Span
Modular AI raised 4 rounds over 2.0 years, averaging $95M per round — a pace of roughly one round every 6 months.
Awaira estimate based on public data. Not financial advice.
How does Modular AI stack up against competitors?
Competitor Comparison
| Metric | ★Modular AI | CoreWeave | Graphcore | Nebius |
|---|---|---|---|---|
| Awaira Score | 76/100 | 95/100 | 85/100 | 84/100 |
| Total Raised | $380M | $2.38B | $767M | $2B |
| Valuation | $1.6B | $49B | $600M | $25B |
| Stage | Series C | Public | Acquired | Private |
| Founded | 2022 | 2017 | 2016 | 2023 |
| Employees | 150 | 1800 | 500-1000 | 1,000 |
| Country | 🇺🇸 | 🇺🇸 | 🇬🇧 | 🇳🇱 |
Investors in Modular AI
Funding Rounds
Inactive$150M
Jan 2024
Led by Andreessen Horowitz
$100M
Sep 2023
Led by Sequoia Capital
$100M
Jan 2023
Led by Sequoia Capital
$30M
Jan 2022
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