Modal, supporting customers from coding agents to biotechs, has reached nearly $1B ARR, with a 10x increase over the past year. The company simplifies AI model management by eliminating infrastructure complexity, positioning itself at a strategic inflection point.
Modal Historical Milestones
Sep 8, 2026
Modal ARR nearing $1B with 10x growth in a year$1B
May 23, 2026
Modal surpasses $300M ARR with $335M fundraising at a $4.65B valuation$300M
Feb 18, 2026
Modal ARR hit $200M$200M
Nov 20, 2025
Modal ARR hit $100M$100M
Sep 29, 2025
Modal ARR hit $50M with $87M Series B$50M
AI INSIGHTS
Revenue Growth Projection
Projected ARR in 1 Year
$3.4B
Est. Time to $1.5B
~77 days