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Modular logo — Enable AI to be used by anyone, anywhere

Modular

Enable AI to be used by anyone, anywhere

Founded 2022 United States United States 360 employees Not Funded/Unknown Total: $4.38B AI, Machine Learning

General Information

Company Name Modular
Founded Year 2022
Location United States United States
Employees 360
Industries AI, Machine Learning
Funding Stage Not Funded/Unknown
Business Model B2B, SaaS, Platform
Revenue Model Usage Based, Pay As You Go, Service Fee
Social

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About Modular

Modular is positioning itself as a transformative player in the AI and Machine Learning industries. Founded in 2022, this United States-based startup is building a next-generation AI developer platform designed to streamline the development and deployment of AI technologies globally. With its compelling slogan, "Enable AI to be used by anyone, anywhere," Modular aims to democratize access to advanced AI capabilities.

In its latest funding round, Modular secured a substantial $250.00 million investment categorized as Series Unknown on 24 September 2025. The investment was backed by a notable roster of investors, including DFJ Growth, General Catalyst, Neo, U.S. Innovative Technology Fund, Greylock, GV (formerly known as Google Ventures), and Flybridge Capital. This strong financial backing reflects a high level of confidence in Modular's vision and potential impact on the AI landscape.

Business keywords: AI Developer Platform, Heterogeneous Computing, Edge Computing, Data Center Distribution, Compilers, Runtimes, Software and Hardware Integration, Usability in AI Development, AI Deployment, Machine Learning Infrastructure, TensorFlow, PyTorch

Services & Products

Unified AI Inference Platform
High-performance Compute Solutions
Custom Model Deployment
AI Agent Skills
Flexible Deployment Options
AI Infrastructure Optimization

Target Customers

Healthcare Providers AI Developers Technology Companies Machine Learning Engineers Enterprise AI Solutions Cloud Service Providers

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Not Funded/Unknown $4.00B 4
DFJ Growth General Catalyst Greylock Partners
DFJ Growth, General Catalyst +2
23 Jun 2026
Venture round 250.00M 7
DFJ Growth General Catalyst Neo
DFJ Growth, General Catalyst +5
24 Sep 2025
Series B $100.00M 5
GV General Catalyst SV Angel
GV, General Catalyst +3
24 Aug 2023
Seed Round $30.00M 4
GV SV Angel Factory HQ
GV, SV Angel +2
30 Jun 2022

Latest News

View All
Qualcomm stock pops 15% after chipmaker almost doubles projection for 2029 non-handset revenue — Cnbc
Qualcomm stock pops 15% after chipmaker almost doubles projection for 2029 non-handset revenue
Cnbc Jun 24, 2026
Qualcomm lands Meta as first named customer for its Dragonfly data centre chips — Thenextweb
Qualcomm lands Meta as first named customer for its Dragonfly data centre chips
Thenextweb Jun 24, 2026
Qualcomm inks deal for AI startup Modular to bolster software stack, data center build-out — Cnbc
Qualcomm inks deal for AI startup Modular to bolster software stack, data center build-out
Cnbc Jun 24, 2026
Qualcomm Buys Buzzy Chip Startup Modular for Nearly $4 Billion — Wired
Qualcomm Buys Buzzy Chip Startup Modular for Nearly $4 Billion
Wired Jun 24, 2026
Qualcomm nears $4bn Modular deal to rival Nvidia — Thenextweb
Qualcomm nears $4bn Modular deal to rival Nvidia
Thenextweb Jun 23, 2026
A Former Apple Luminary Sets Out to Create the Ultimate GPU Software — Wired
A Former Apple Luminary Sets Out to Create the Ultimate GPU Software
Wired Sep 24, 2025

Modular Alternatives & Competitors

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FAQ About Modular

Enable AI to be used by anyone, anywhere
Modular was founded in 2022.
Modular is headquartered in United States.
Modular operates in AI and Machine Learning. Its work centres on AI Developer Platform, Heterogeneous Computing, Edge Computing and Data Center Distribution. Its customers include Healthcare Providers, AI Developers and Technology Companies.
Modular has a B2B, SaaS and Platform business model. Its revenue comes from Usage Based, Pay As You Go and Service Fee.
Modular has approximately 360 employees.
Modular has completed 4 funding rounds, raising a total of $4.38B. The latest funding stage is Not Funded/Unknown.
Modular offers: Unified AI Inference Platform, High-performance Compute Solutions, Custom Model Deployment, AI Agent Skills, Flexible Deployment Options, AI Infrastructure Optimization.
Top alternatives and competitors to Modular include Paperspace, Valohai, Gradio, Tenstorrent, Lemurian Labs. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Modular and Paperspace are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Modular, https://bouncewatch.com/company/modular, updated 23 June 2026. When citing, please name BounceWatch and link this page.

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