Modal Labs Nears $15.75 Billion Valuation in Accel Led Funding Round

By Marina Temkin · TechCrunch · 2026-09-28

Modal Labs Nears $15.75 Billion Valuation in Accel Led Funding Round

TechCrunch reports that AI infrastructure provider Modal Labs is finalizing a $750 million investment led by Accel. This deal would roughly triple the startup's valuation from $4.65 billion to $15.75 billion in just four months. The New York-based firm currently serves clients li

TechCrunch reports that AI infrastructure provider Modal Labs is finalizing a $750 million investment led by Accel. This deal would roughly triple the startup's valuation from $4.65 billion to $15.75 billion in just four months. The New York-based firm currently serves clients li