Modal

Modal's Sandboxes alone surpasses $100M ARR in a year

Modal's Sandbox product has achieved significant growth, reaching $100 million ARR despite having near-zero revenue just a year ago and negligible revenue six months prior. This success positions Sandboxes as a breakout infrastructure product, with enough traction to be a stand-alone Series C company. The growth is driven by a talent-dense team of fewer than 20 people, including former founders and engineers from top tech companies like Spotify, Google, AWS, Datadog, and Uber. The Sandbox team operates out of Stockholm and NYC and serves demanding AI companies globally. The product's rapid adoption highlights its significance within the AI infrastructure space.