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Overview

TrueUp
Trajectory Score
97
/100
Trajectory Rank
Business
Cloud computing
Founded
5 years ago
2021
Employees
80
Valuation
$4.7 billion
Company type
Private - Venture-Backed

Modal Labs is a Cloud computing company with 31 job openings. It is currently valued at $4.7 billion as a private company. 80 people work at Modal Labs. The company was founded in 2021.

Jobs

Open jobs
31
Top Job Categories
Jobs
1.
Engineering (Software)
12
(39%)
2.
Marketing & Growth
6
(19%)
3.
Sales Engineering
6
(19%)
4.
Business Operations & Program Management
3
(10%)
5.
Artificial Intelligence
2
(6%)
Top Job Locations
Jobs
1.
πŸ‡ΊπŸ‡Έ United States
27
(87%)
2.
πŸ‡ΊπŸ‡Έ New York City
24
(77%)
3.
πŸ‡ΊπŸ‡Έ San Francisco Bay Area
13
(42%)
4.
πŸ‡ΈπŸ‡ͺ Stockholm, Sweden
10
(32%)
5.
πŸ‡ΈπŸ‡ͺ Sweden
10
(32%)
Top Tech/Tools Mentioned
Jobs
1.
GPU
31
(100%)
2.
GitHub
31
(100%)
3.
Containers
8
(26%)
4.
AWS
6
(19%)
5.
LLM
6
(19%)

Financials

Valuation
$4.7billion
Tech Unicorn
Last round - May 2026
Most recent funding
1 month ago ($355 million)
Total funding
$465 million
Value 'created' (valuation - total funding)
+$4.2 billion
Lead Investor - Series A
Redpoint logoRedpoint
Valuation per employee
$58.1 million
TrueUp
Rank
#146

Products

Product adoption by Ramp customers
Modal
Adoption rate
14%
1% YoY
Source: Ramp
Category rank
#5
Model Serving & Inference
Source: Ramp

Culture

Employee sentiment
Data not available

People

Employees
80
Source: Workforce.ai
Employee growth
+82.5%
past 12 months
Source: Workforce.ai

Rankings and awards

Lenny 100 logo
Lenny 100
2026
Inc. Best Workplace logo
Inc. Best Workplace
2026
Redpoint InfraRed 100 logo
Redpoint InfraRed 100
Late Stage
2026
Redpoint InfraRed 100 logo
Redpoint InfraRed 100
Early Stage
2025
Modal Labs logoMore rankings

Layoffs

No known layoffs

Top posts

Compare to other companies
Job openings
31
Employees
80
Founded
5 years ago
Valuation
$4.7 billion
Trajectory Score
97
Job openings
3
Employees
100
Founded
3 years ago
Valuation
-
Trajectory Score
-
Job openings
77
Employees
500
Founded
3 years ago
Valuation
$6.6 billion
Trajectory Score
99