
March 2026
Modal Series C
We started from the storyboard up. Five scenes, each doing one thing. The raise opens it: $355M at a $4.6B valuation, led by General Catalyst. Scene two makes the credibility plain. Scene three maps the product visually: four stages of the AI production cycle (inference, training, agents, batch) animated into a loop to show the system, not just the spec. Scene four moves fast through customer use cases. Physical Intelligence running remote inference for robotic control. Ramp shipping over half its PRs through a coding agent built on Modal. Chai Discovery designing molecules. Scene five brings it back to the logo and a direct CTA to modal.com. We ran two revision rounds through a shared Slack channel with the Modal team before the edit started.



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This World Official
