modal.com · Market Analysis

Modal is a cloud infrastructure platform founded in 2021 that enables developers to run AI and…

Team
  • Erik BernhardssonFOUNDER
  • Akshat BubnaCOFOUNDER
Categories
Cloud Infrastructure & AI ComputingServerless ComputingGPU-as-a-ServiceMachine Learning InfrastructureDeveloper Tools
Business Model
SaaS (Usage-based)
Funding
Total Raised$111M
Last RoundSeries B · $87M — 2025
Markets
United StatesSweden

Players (19)

RunPod logo

RunPod

www.runpod.io

On-demand GPU compute platform offering cost-effective serverless GPU access for AI and machine learning workloads.

Baseten logo

Baseten

www.baseten.co

Serverless GPU infrastructure platform for deploying and scaling machine learning models.

Runhouse logo

Runhouse

www.run.house

Managed AI training infrastructure providing unified interface for compute and data resources.

DataCrunch logo

DataCrunch

www.datacrunch.io

Cloud services platform offering on-demand GPU clusters, AI model hosting, and autoscaling containers.

Cerebrium logo

Cerebrium

www.cerebrium.ai

Serverless GPU infrastructure platform specializing in machine learning model deployment.

CoreWeave logo

CoreWeave

www.coreweave.com

GPU-centric cloud infrastructure service designed for AI applications with scalable high-performance GPU clusters.

Northflank logo

Northflank

www.northflank.com

Full-stack AI application deployment platform with Git-based CI/CD pipelines and infrastructure control.

AWS SageMaker logo

AWS SageMaker

aws.amazon.com

Amazon's managed machine learning service for building, training, and deploying ML models at scale.

DigitalOcean logo

DigitalOcean

www.digitalocean.com

Cloud platform for developers offering app deployment, management, and scaling with simplified infrastructure.

Google Cloud logo

Google Cloud

cloud.google.com

Enterprise cloud platform providing AI/ML services, compute resources, and infrastructure management.

Funding Rounds

Seed · $7M2022
Series A · $16M2023
Series B · $87M2025