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Serverless cloud compute for AI and data teams
HQ: New York, NY | Founded: 2022 | Employees: 50-100 | Stage: Series B | Website: https://modal.com
Modal is a cloud computing platform designed for AI and machine learning workloads. Founded in 2021 by Erik Bernhardsson (former lead of ML at Better.com, ex-Spotify) and Akshat Bubna, Modal provides a serverless environment where developers can run Python code on cloud infrastructure — including GPUs — without managing servers, containers, or orchestration. The platform supports interactive development, batch processing, model serving, and job scheduling. Modal's core value proposition is reducing the infrastructure burden on AI teams, allowing researchers and engineers to focus on code rather than DevOps. The company is based in New York and has raised over $200 million in venture funding.
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