Modal

Startup

Serverless cloud platform for running AI workloads and data pipelines.

Founded: 2021
HQ: New York, NY
CEO: Erik Bernhardsson
modal.com

Employees

50-100

Funding

$115M+

Valuation

$700M

Status

Private

About Modal

Modal is a serverless cloud platform designed specifically for AI and data workloads. The platform allows developers to run AI inference, fine-tune models, process large datasets, and deploy applications without managing infrastructure. Modal's key innovation is its serverless approach to GPU computing — users can access GPUs on-demand and pay only for what they use, with zero cold-start overhead. The platform has gained popularity in the AI developer community for its elegant Python SDK and fast deployment capabilities, making it a favorite for AI teams that want to focus on code rather than infrastructure.

Key People

Erik Bernhardsson

CEO & Co-Founder

Akshat Bubna

Co-Founder

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