Modal announces $750M Series D at $15.75B valuation and $1B annualized run rate

1. 11:11 AM
   Elad Gil@eladgilX

   Modal crosses $1B annualized run rate and raises $750M Series D at $15.75B valuation

   AIModal says it has crossed $1B in annualized run rate and raised a $750M Series D at a $15.75B valuation, led by Accel. The company reports usage has tripled and grown more than 15x year-over-year since its Series C.

2. 11:04 AM
   👩‍💻 Paige Bailey@DynamicWebPaigeXPick

   Modal crosses $1B annualized run rate and raises $750M Series D at $15.75B valuation

   AIModal says it has crossed a $1B annualized run rate and raised a $750M Series D at a $15.75B valuation, led by Accel. Since its Series C, usage has tripled and revenue has grown more than 15x year over year. Paige Bailey, a Modal investor, congratulated the team and praised its Python developer experience for running code on GPUs in seconds.

3. 10:39 AM
   Modal@modalOfficial

   Modal passes $1B annualized run rate and raises $750M Series D at $15.75B valuation

   AIModal says it has crossed $1B in annualized run rate and raised a $750M Series D at a $15.75B valuation, led by Accel. The company says usage has tripled since its Series C and grown more than 15x year over year.

   

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