# Modal exceeds USD 300 million annualized revenue, raises USD 355 million Series C

On 2026/5/21, Modal announced USD 355 million in Series C funding at a USD 4.65 billion post-money valuation. Annualized revenue exceeded USD 300 million, growing fivefold from 2025/9.



Canonical: https://uniquebase.ai/news/b696fc85-0b75-4e12-bde4-1be2b9447542
Stable identifier: b696fc85-0b75-4e12-bde4-1be2b9447542
Snapshot captured: 2026-10-15T14:23:27.067Z
English updated: 2026-10-15T23:57:45.675Z

## Connected profiles

- [Accel](/institutions/accel)
- [Bain Capital Ventures](/institutions/bain-capital-ventures)
- [General Catalyst](/institutions/general-catalyst)
- [Menlo Ventures](/institutions/menlo-ventures)
- [Modal](/companies/modal)
- [Redpoint Ventures](/institutions/redpoint-ventures)

## Sources

- https://modal.com/blog/modal-series-c