Modal Labs, Inc. filed a Form D with the SEC, reporting $175.3M sold, of a $175.4M offering.

{
  "signal_id": "fd-0002088132-26-000003",
  "signal_type": "sec-form-d-funding",
  "signal_subtype": "newFilingCompany",
  "detected_at": "2026-08-31T00:00:00+00:00",
  "company": {
    "name": "Modal",
    "domain": "modal.com"
  },
  "data": {
    "cik": "0002088132",
    "phone": "(917) 940-8790",
    "detail": "This size of raise suggests Modal is moving well beyond early product-market fit and into aggressive scaling of its AI platform, customer base, and infrastructure footprint. The capital is likely aimed at expanding GPU capacity, improving runtime performance, and strengthening observability and developer experience for production AI workloads. Vendors should pay attention to procurement needs around cloud infrastructure, GPU supply, networking, monitoring, security, and enterprise software integrations.",
    "topics": [
      "AI Infrastructure",
      "Cloud Computing",
      "Developer Tools",
      "GPU Compute",
      "Venture Funding"
    ],
    "summary": "Modal Labs provides high-performance AI infrastructure and a cloud runtime for developers to run inference, training, batch processing, and sandboxes with instant autoscaling. The company raised about $175.3M, signaling a major growth investment in a hot AI infrastructure market that matters to vendors selling cloud, GPU, DevOps, and developer tooling.",
    "website": "https://modal.com",
    "location": "NEW YORK, NEW YORK",
    "file_date": "2026-08-31",
    "form_type": "D",
    "relevance": 0.98,
    "confidence": "high",
    "exemptions": [
      "06b"
    ],
    "filing_url": "https://www.sec.gov/Archives/edgar/data/2088132/000208813226000003/",
    "source_url": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0002088132&type=D&dateb=&owner=include&count=40",
    "entity_name": "Modal Labs, Inc.",
    "entity_type": "Corporation",
    "jurisdiction": "DELAWARE",
    "primary_topic": "AI Infrastructure Funding",
    "revenue_range": "Decline to Disclose",
    "business_state": "NY",
    "industry_group": "Other Technology",
    "related_persons": [
      {
        "name": "Erik Bernhardsson",
        "email": "e***@modal.com",
        "roles": [
          "Executive Officer",
          "Director"
        ],
        "linkedin_url": "linkedin.com/in/erikbern"
      },
      {
        "name": "Akshat Bubna",
        "email": "a***@modal.com",
        "roles": [
          "Executive Officer"
        ],
        "linkedin_url": "linkedin.com/in/akshat-bubna-188885103"
      },
      {
        "name": "Sarah Catanzaro",
        "roles": [
          "Director"
        ]
      },
      {
        "name": "Patrick Chase",
        "roles": [
          "Director"
        ]
      },
      {
        "name": "Seth Zelnick",
        "roles": [
          "Executive Officer"
        ]
      }
    ],
    "total_investors": 17,
    "total_remaining": 88646,
    "accession_number": "0002088132-26-000003",
    "securities_types": [
      "Equity"
    ],
    "business_location": "New York, NY",
    "total_amount_sold": 175277185,
    "resolved_entity_name": "Modal Labs",
    "resolved_entity_type": "operating_company",
    "total_offering_amount": 175365831,
    "company_domain_confidence": 10,
    "has_non_accredited_investors": false
  }
}

curl https://signals.autobound.ai/v1/signals/fd-0002088132-26-000003 \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"modal.com","limit":20}'