Skip to main content

Baseten vs Modal

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Baseten is valued at $5B — more than 3x Modal's $1.1B.

Head-to-Head Verdict

Baseten leads on 5 of 5 metrics

Baseten

5 wins

+Valuation
+Funding
+Awaira Score
+Team Size
+Experience

Modal

0 wins

-Valuation
-Funding
-Awaira Score
-Team Size
-Experience

Key Numbers

Valuation
$5B
$1.1B
Total Funding
$585M
$111M
Awaira Score
80/100
71/100
Employees
150
30
Founded
2019
2021
Stage
Series E
Series B
BasetenModal
Winner
Baseten logo
Baseten

🇺🇸 United States · Tuhin Srivastava

Series EAI InfrastructureEst. 2019

Valuation

$5B

Total Funding

$585M

Awaira Score80/100

150 employees

Full Baseten Profile →
Modal logo
Modal

🇺🇸 United States · Erik Bernhardsson

Series BAI InfrastructureEst. 2021

Valuation

$1.1B

Total Funding

$111M

Awaira Score71/100

30 employees

Full Modal Profile →
Market Context

This is a head-to-head contest: both operate in AI Infrastructure and share a home market in United States. Different stages (Series E vs Series B) mean these companies face fundamentally different operational priorities.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

Baseten and Modal are direct competitors in AI Infrastructure. Baseten is an AI infrastructure company that provides a platform for deploying, scaling, and managing machine learning models in production. Modal is an AI infrastructure company founded in 2021 that provides cloud computing tools for machine learning and artificial intelligence applications.

Funding & Valuation

Valuation-wise, Baseten holds the advantage at $5B, roughly 4.5 times Modal's $1.1B. Baseten has amassed $585M in total funding, far exceeding Modal's $111M.

Growth Stage

Established in 2019, Baseten has a modest 2-year head start over Modal (2021). Growth stages differ: Baseten (Series E) versus Modal (Series B), a distinction that matters for both deal structure and competitive positioning. Team sizes also differ: Baseten employs 150 people versus Modal's 30.

Geography & Outlook

Baseten and Modal share a home market in 🇺🇸 United States, intensifying their competitive overlap. The Awaira Score gives Baseten (80) a notable lead over Modal (71). Under Tuhin Srivastava and Erik Bernhardsson respectively, both companies continue to chart aggressive growth paths.

Funding Velocity

Baseten

Total Rounds6
Avg. Round Size$88.6M
Funding Span4.1 yrs

Modal

Total Rounds1
Avg. Round Size$7M

Funding History

Baseten has completed 6 funding rounds, while Modal has gone through 1. Baseten's most recent round was a Series C of $75M, compared to Modal's Seed ($7M). Baseten is at Series E while Modal is at Series B — different points in their growth trajectory.

Team & Scale

Baseten is significantly larger with about 150 employees, compared to Modal's 30. That's a 5x difference in headcount. They're close in age — Baseten started in 2019 and Modal in 2021. Both are based in United States.

Metrics Comparison

MetricBasetenModal
💰Valuation
$5BWINS
$1.1B
📈Total Funding
$585MWINS
$111M
📅Founded
2019
2021WINS
🚀Stage
Series E
Series B
👥Employees
150
30
🌍Country
United States
United States
🏷️Category
AI Infrastructure
AI Infrastructure
Awaira Score
80WINS
71

Key Differences

💰

Valuation gap: Baseten is valued 4.5x higher ($5B vs $1.1B)

📈

Funding gap: Baseten has raised $474M more ($585M vs $111M)

📅

Market experience: Baseten has 2 years more (founded 2019 vs 2021)

🚀

Growth stage: Baseten is at Series E vs Modal at Series B

👥

Team size: Baseten has 150 employees vs Modal's 30

⚔️

Direct competitors: Both operate in the AI Infrastructure market segment

Awaira Score: Baseten scores 80/100 vs Modal's 71/100

Which Should You Choose?

Use these signals to make the right call

Baseten logo

Choose Baseten if…

Top Pick
  • Higher Awaira Score — 80/100 vs 71/100
  • More established by valuation ($5B)
  • Stronger investor backing — raised $585M
  • More market experience — founded in 2019
  • Baseten is an AI infrastructure company that provides a platform for deploying, scaling, and managing machine learning models in production
Modal logo

Choose Modal if…

  • Modal is an AI infrastructure company founded in 2021 that provides cloud computing tools for machine learning and artificial intelligence applications

Funding History

Baseten raised $585M across 6 rounds. Modal raised $111M across 1 round.

Baseten

Series C

Feb 2025

$75M

Series B

Mar 2024

$40M

Series E

Jan 2024

$245M

Series D

Jan 2023

$150M

Series A

Jan 2023

Lead: Accel

$13.5M

Seed

Jan 2021

$8M

Modal

Seed

Jan 2022

$7M

Investor Comparison

No shared investors detected between these two companies.

Unique to Baseten

AccelSequoia Capital

Users Also Compare

FAQ — Baseten vs Modal

Is Baseten bigger than Modal?
By valuation, Baseten is the larger company at $5B versus $1.1B — a 4.5x difference. Size can also be measured by team: Baseten employs 150 people while Modal has 30 employees.
Which company raised more funding — Baseten or Modal?
Baseten has raised more in total funding at $585M, compared to Modal's $111M — a gap of $474M. Combined, the two companies have completed 7 known funding rounds.
Which company has a higher Awaira Score?
Baseten leads with an Awaira Score of 80/100, while Modal sits at 71/100. That 9-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Baseten vs Modal?
Baseten was founded by Tuhin Srivastava in 2019. Modal was founded by Erik Bernhardsson in 2021. Visit each company's profile on Awaira for a full founder biography.
What does Baseten do vs Modal?
Baseten: Baseten is an AI infrastructure company that provides a platform for deploying, scaling, and managing machine learning models in production. Founded in 2019, the company offers a serverless computing environment specifically designed for AI workloads, enabling developers and organizations to run large language models and other AI applications without managing underlying infrastructure. The platform handles model serving, auto-scaling, and resource optimization, abstracting away operational complexity. Baseten supports various model types and frameworks, allowing users to deploy custom models or utilize pre-built solutions. The company targets enterprises and developers requiring reliable, scalable inference infrastructure for AI applications. Its technology stack emphasizes performance optimization and cost efficiency for computationally intensive AI workloads. Baseten has secured $585 million in total funding, achieving a $5.0 billion valuation, positioning it among well-capitalized AI infrastructure providers. The company operates in a competitive landscape alongside similar platforms offering model deployment and inference services. Its growth trajectory reflects increasing enterprise demand for managed AI infrastructure solutions as organizations accelerate AI adoption. The Series E funding stage indicates maturity and substantial market validation. Baseten competes with other infrastructure providers offering model serving capabilities, differentiated through its focus on ease of use and performance optimization for production AI workloads. Baseten addresses the critical infrastructure gap between AI model development and reliable production deployment at scale. 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 GPU-intensive tasks without managing underlying hardware directly. The company positions itself within the broader AI infrastructure category, competing alongside platforms like Replicate, Lambda Labs, and cloud providers' AI services. Modal's approach focuses on simplifying the deployment pipeline for machine learning models, enabling developers to move from development to production environments more efficiently. The platform supports various frameworks and use cases including LLM inference, image generation, and general machine learning tasks. Founded in 2021, Modal operates at the Seed stage with total funding of $20 million and a valuation of $0.1 billion. The company benefits from growing demand for accessible AI infrastructure as organizations scale machine learning workloads. Modal's customer base includes AI developers and teams building applications that require computational resources beyond typical cloud offerings. The competitive landscape remains fragmented, with multiple players addressing different aspects of AI infrastructure. Modal's growth trajectory reflects broader market expansion in AI tooling and infrastructure services. Modal addresses the infrastructure gap between AI research and production deployment by offering serverless computing optimized specifically for GPU-intensive machine learning workloads.
Which company was founded first?
Baseten got there first, launching in 2019 — that's 2 years of extra runway. Modal didn't arrive until 2021. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Baseten has about 150 employees; Modal has about 30. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Baseten and Modal competitors?
Yes — they're direct rivals. Both Baseten and Modal compete in AI Infrastructure, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

Baseten edges ahead with an Awaira Score of 80, but Modal (71) isn't far behind. The gap is narrow enough that it could shift with the next funding round.

Who Should You Watch?

Baseten has a slight edge on paper, but Modal isn't far behind. The AI space moves fast — today's underdog can be tomorrow's category leader. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive