Modal Labs
modal.comDeveloper of machine learning software designed to run code in the cloud.
LBX PPS
1Y return
$126
Implied Valuation
$1.5B
+35.7% premium
Last Round
$92.69
Series B · $1.1B
Price per share
12M · USD
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Funding history
$M raised · $B post-money
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Signals
1 latest
Modal, a startup that rents out Nvidia graphics processing units, is in talks to raise money at around a $4.5 billion valuation.
Modal, a startup that rents out Nvidia graphics processing units and software to help developers run and train models as well as agents, is in talks to raise money at around a $4.5 billion valuation. That would be an 80% premium to its last valuation from just a few months ago, according to two people with knowledge of the round.
Source: TheInformation