Modal Labs Series C

Modal Labs raised $355M in Series C funding led by General Catalyst and Redpoint Ventures

$355,000,000 AmountMay 26, 2026 Announced

Investors

  • General Catalyst

    Global venture capital and investment firm with a New York office

  • Accel

    Global venture capital firm that positions itself as a first partner to exceptional startup teams worldwide.

  • Bain Capital Ventures

    Venture firm investing across apps, infrastructure, commerce, fintech, healthcare, physical AI and security

  • Menlo Ventures

    Early-stage venture capital firm founded in 1976 investing in AI, healthcare, consumer, cybersecurity, fintech, infrastructure, robotics and SaaS, with $3 billion in new capital earmarked for AI startups.

  • Redpoint Ventures

    Since 1999, Redpoint Ventures has partnered with visionary founders to create new markets and redefine existing ones. The firm invests early in startups building category-defining companies, from AI and infrastructure to security. Redpoint has backed hundreds of companies, including Netflix, Snowflake, Stripe, Ramp, Twilio, Ramp, and Hims, and today backs the next generation of AI leaders like OpenAI, Legora, Modal, Abridge and Physical Intelligence. Redpoint is based in San Francisco and has of

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