Modal hits $1B ARR and raises $750M Series D

AI compute cloud Modal announced it surpassed $1B in ARR and closed a $750M Series D, with usage tripling in five months and up 15x year-over-year.

2026-10-14 ~ 2026-10-14 · 3 related posts

• Modal crosses $1B annualized run rate, raises $750M Series D as usage triples in 5 months — josh_wills · 2026-10-14
• Modal crosses $1B annualized run rate, raises $750M Series D after 15x YoY growth — josh_wills · 2026-10-14

1 near-duplicate retellings: charles_irl