Modal Blows Past $1B Revenue, Double What Its Founder Predicted for the Year
charles_irl · x · 2026-09-11
Modal founder Erik Bernhardsson expected the company to grow to $500M in revenue this year — it has already blown past $1B. A Modal engineer notes "maybe we should increase the goal" has been an internal mantra since the days when the entire user list was printed to Slack daily. A rare case of a founder being thrilled to be wrong, and a signal of explosive demand for AI compute services.
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