About Modal Labs
Modal is a serverless cloud infrastructure platform optimized for AI and machine learning workloads, founded in 2021 and headquartered in New York City. Founded by Erik Bernhardsson (former CTO of Better and creator of the Annoy library at Spotify), Modal provides a Python-native serverless GPU compute platform with sub-second cold starts, autoscaling from zero to thousands of GPU containers, instant model deployment, batch inference, scheduled jobs, and the Modal Sandboxes for running untrusted code. Customers include Suno, Substack, Ramp, ScaleAI, and Cursor for AI inference, fine-tuning, batch data processing, and AI agent execution. Modal raised 80 million Series B at a 1.1 billion valuation from Lux Capital, Redpoint, and Definition Capital.