Modal crosses $1B annualized run rate and raises $750M Series D
charles_irl · x · 2026-10-14
AI compute platform Modal announced it has crossed $1B in annualized run rate and raised a $750M Series D. CEO Erik Bernhardsson writes that usage has tripled since the Series C announcement just five months ago, with growth exceeding 15x year-over-year.
Related event: Modal hits $1B ARR and raises $750M Series D(3 posts)→
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