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Modular AI

๐Ÿ”ฅ HOT

Modular AI's full profile: funding, valuation, competitors, and the people behind the company.

๐Ÿ‡บ๐Ÿ‡ธUnited StatesSeries CAI Infrastructure
Updated Mar 24, 2026

Out of 100

๐Ÿ‡บ๐Ÿ‡ธ

HQ

United States

๐Ÿ—“

Founded

2022

๐Ÿ’ฐ

Raised

$380M

๐Ÿท๏ธ

Stage

Series C

๐Ÿ‘ฅ

Team

150

$1.6B

Post-money

$380M

All rounds

76/100

2022

150 employees

๐Ÿ’ตEst. Annual Revenue
$50Mโ€“$500M estimated ARR

Awaira estimate based on public data. Not financial advice.

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 betweenโ€ฆ

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Strengths

โœ“

Unicorn status with $1.6B valuation

โœ“

Strong Awaira Score of 76/100

โœ“

Growing team of 150 employees

Analysis based on publicly available data. Not investment advice.

Modular AI is a AI unicorn in the AI Infrastructure sector. Founded in 2022, the company is currently at the Series C stage with a team of approximately 150 employees. With $380M in total disclosed funding, Modular AI has demonstrated the ability to attract institutional capital. The company competes with 3 other tracked AI Infrastructure companies on Awaira, including CoreWeave and Graphcore.

Awaira Score

76/100

Valuation

$1.6B

Total Funding

$380M

Founded

2022

Employees

150

Stage

Series C

4

Total Rounds

$95M

Avg Round Size

2.0yr

Funding Span

Modular AI raised 4 rounds over 2.0 years, averaging $95M per round โ€” a pace of roughly one round every 6 months.

Modular AI holds unicorn status in the AI Infrastructure space, placing it among the highest-valued private AI companies globally.

Among 3 tracked competitors, Modular AI ranks #3 by valuation โ€” a metric investors and analysts use to gauge market standing.

Tracking Modular AI on Awaira provides real-time updates on funding rounds, investor activity, and competitive moves in the AI Infrastructure market.

Metricโ˜…Modular AICoreWeaveGraphcoreNebius
Awaira Score76/10095/10085/10084/100
Total Raised$380M$2.38B$700M$2B
Valuation$1.6B$49B$500M$25B
StageSeries CPublicAcquiredPrivate
Founded2022201720162023
Employees1501800500-10001,000
Country๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ณ๐Ÿ‡ฑ
C

Chris Lattner

Founder & CEO

View founder profile โ†’
StageSeries C
Employees150
Country๐Ÿ‡บ๐Ÿ‡ธ United States
Connect
Inactive
4 rounds
Series CLatest

$150M

Jan 2024

Series B

Led by Andreessen Horowitz

$100M

Sep 2023

Series A

Led by Sequoia Capital

$100M

Jan 2023

Seed

Led by Sequoia Capital

$30M

Jan 2022

Frequently Asked Questions

What is Modular AI's valuation?โ–พ
At $1.6B, the company ranks among the AI unicorns tracked on Awaira.
Who invested in Modular AI?โ–พ
Andreessen Horowitz, Sequoia Capital, SandboxAQ are among the backers. Together, they've contributed to the company's growth in the AI Infrastructure sector.
When did Modular AI last raise funding?โ–พ
Capital was most recently raised through a Series C of $150M in January 2024.
How many employees does Modular AI have?โ–พ
Around 150 people work there, with headquarters in United States.
What does Modular AI do?โ–พ
Modular AI, founded in 2022 and valued at $1. 6 billion, develops infrastructure software for AI systems. The company operates in the AI Infrastructure sector from United States.
Who founded Modular AI?โ–พ
Behind the company is Chris Lattner, who got it off the ground in 2022 in United States. Chris Lattner serves as Founder & CEO.
Is Modular AI profitable?โ–พ
Profitability data isn't available in public filings. The company has raised $380M in total funding and operates at the Series C stage.
Where is Modular AI headquartered?โ–พ
The headquarters sit in United States ๐Ÿ‡บ๐Ÿ‡ธ and was established in 2022. It competes in the AI Infrastructure sector.