DevelopingBusiness

Modal raises $750M Series D at $15.75B valuation and passes $1B annualized run rate

Modal raised a $750M Series D led by Accel at a $15.75B post-money valuation, with Kleiner Perkins joining and all existing investors participating. Modal says it has crossed $1B in annualized run rate. It says the money will go toward new building blocks for emerging software, including RL and post-training products.

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FIRST SEEN: Oct 14, 2026, 10:10 ET
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Primary source

Modalmodal.com/blog/1-billion-annualized-run-rate-series-d

Coverage · 6 articles, oldest first

Wednesday, October 14, 2026

10:10
Axios
AI infrastructure startup Modal raised a $750M Series D led by Accel at a $15.75B post-money valuation, taking its total funding to $1.2B, and passes $1B ARR
12:04
ModalPrimary
Modal raises $750M Series D at $15.75B valuation and passes $1B annualized run rate
17:10
San Francisco Business Times
bizjournals.com/sanfrancisco/news/2026/10/14/sfbt-digest-wednesday-ford-point-il-fornaio-modal.html?page=all
17:40
Times of India
timesofindia.indiatimes.com/business/india-business/ai-infra-startup-modal-raises-750-mn-at-15-7-bn-valuation/articleshow/134948684.cms
17:40
WOWTALE
en.wowtale.net/2026/10/15/235508/
17:40
RuntimeWire
runtimewire.com/article/modal-750m-series-d-1b-run-rate

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