THE DEAL, AT A GLANCE
From the announcementModal
01What it doesModal is a underscores the rapid expansion of the AI industry and the escalating demand for advanced platforms that support high-performance AI development.From the announcement
Summarized from the deal record's source announcement; not yet independently reviewed.
Read the announcement ↗02Who is involvedBacked by General Catalyst, Redpoint VenturesFrom the announcement
Summarized from the deal record's source announcement; not yet independently reviewed.
Read the announcement ↗03What happenedModal raised $355M Series C, announced 2026-05-22From the announcement
Summarized from the deal record's source announcement; not yet independently reviewed.
Read the announcement ↗04Why it mattersModal's $355M Series C at a $4.65 Billion post-money valuation positions the company to expand a Cloud Platforms business focused on AI workloads.From the announcement
Summarized from the deal record's source announcement; not yet independently reviewed.
Read the announcement ↗Click a part to explore its evidence. Unsupported imagery is withheld rather than guessed.Original record source ↗
Modal · Financing Record
Explore source-linked visual explanations for Modal. Unsupported claims are withheld while source review continues.
Record 4266 · Recorded date: 2026-05-22
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