Modal Labs
Modal provides a serverless compute platform for AI workloads, featuring autoscaling GPUs, rapid deployment, and a pay-per-use billing model.
Secondary Market Price
How Modal Labs Measures Up
To help you manage your Modal Labs equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series B
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
Secondary Market Price Chart
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Prospect Projected Future Modal Labs Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Modal Labs's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
Modal Labs provides a serverless compute platform for data science and machine learning teams to deploy and scale workloads such as generative AI models, large-scale batch jobs, and job queues. The service operates on a pay-per-use model, billing only for compute time. The platform is built on a proprietary Rust-based container stack designed to reduce cloud execution times for functions, even on high-demand GPUs. Since its inception, the company has grown to a size of 11-50 employees and established a presence in New York City, Stockholm, and San Francisco.
The company has recently focused on providing support for new AI models through strategic partnerships. Collaborations include working with NVIDIA to benchmark its Nemotron Speech ASR model, where Modal achieved sub-second latency for 127 simultaneous clients on a single H100 GPU. Modal also partnered with Resemble AI to offer support for its Chatterbox Turbo text-to-speech model. In October 2025, the company completed a Series B funding round, raising $87.0 million.
- Lux Capital
- Redpoint Ventures
- Amplify Partners
- Definition Capital
- Creandum
- Essence Venture Capital
- Quiet Capital
- Gaingels
- Co-Founder, Erik Bernhardsson
- Co-Founder, Akshat Bubna
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Modal Labs worth joining?
Deciding whether to join a startup like Modal Labs depends on your personal career and financial goals. Tools like Prospect can help you analyze the potential value of your equity compensation to make a more informed decision.
What should I do with my Modal Labs stock?
Managing your Modal Labs stock involves complex decisions about when to exercise options or sell shares to maximize your earnings and minimize taxes. Platforms like Prospect provide personalized strategies and tools to help you navigate these choices effectively.
Can you sell Modal Labs stock?
As a private company, Modal Labs stock isn't traded on a public exchange, but you may be able to sell shares through tender offers or secondary markets. Prospect offers Tender Offer Tools to help you decide how much to sell and identify the most tax-optimal shares.
How can I find the value of my Modal Labs stock?
The value of private stock is typically determined by its 409A valuation and secondary market activity. You can use Prospect’s proprietary predictive models to forecast your equity's future value based on data similar to what top VCs use.
What is Modal Labs's equity worth?
The total worth of your Modal Labs equity depends on the company's valuation, but your personal take-home amount is affected by taxes and exercise costs. Prospect helps you calculate and maximize your net equity value by creating tax-efficient strategies for your specific situation.
What is Modal Labs's stock ticker symbol?
Modal Labs is a private company, so it does not have a stock ticker symbol. Ticker symbols are only assigned to companies when they become publicly traded on a stock exchange.
Can I buy or sell Modal Labs stock?
As an employee, you can "buy" stock by exercising your options, and you may be able to sell shares during specific events like tender offers. Prospect provides customized strategies for exercising options and selling shares in a tax-efficient manner.
What is the criteria to buy or invest in Modal Labs stock?
Investing in a private company like Modal Labs is generally limited to accredited investors during funding rounds or employees who are exercising their stock options. Prospect focuses on helping employees manage and maximize the value of the equity they already hold, rather than on external investment criteria.
