Modular is pioneering a unified compute layer designed to streamline and accelerate AI workloads across diverse hardware environments. Founded in 2022, the company has quickly become a major force in AI infrastructure, delivering a next-generation programming model that dramatically optimizes performance. Its platform serves developers, enterprises, and hardware partners by offering powerful tools for building, deploying, and scaling AI systems. With rapidly growing adoption and global interest, Modular continues to redefine what’s possible in heterogeneous compute and AI superintelligence.
What Is Modular and What Does It Do?
Modular, founded in 2022 by a team of leading AI and systems-infrastructure experts, is a San Francisco Bay Area–based AI infrastructure company. It develops a unified compute layer that enables developers and enterprises to run AI workloads efficiently across CPUs, GPUs, and emerging accelerators.
The company focuses on reinventing accelerated computing from the ground up, offering a modern programming model that eliminates fragmentation in AI deployment. Modular employs between 101-500 employees.
Its platform enables high-performance inference, training, and large-scale compute orchestration, powering trillions of tokens served daily and supporting global developer communities.
How Much Funding Has Modular Raised?
1. Series B
- Amount Raised: $130M
- Lead Investors: Google Ventures, General Catalyst, Greylock Partners
- Motivation: To scale the engineering team and expand early platform adoption.
2. Series C
- Amount Raised: $250M
- Lead Investors: US Innovative Technology Fund, DFJ Growth, GV, General Catalyst, Greylock Ventures
- Motivation: To accelerate development of the unified compute layer and meet rising demand across enterprises and hardware ecosystems.
Total Funding Raised: $380 Million
Current Valuation: $1.6 Billion (as of 2025)
Latest Funding Date: 2025
Key Investors
1. US Innovative Technology Fund (USIT Fund)
- Details: An investment fund focused on advancing breakthrough American technology and national-scale innovation.
- Investment Focus Areas: Deep tech, AI, compute infrastructure.
- Notable Investments: Modular.
2. DFJ Growth
- Details: A leading growth-stage fund backing category-defining technology companies.
- Investment Focus Areas: Enterprise software, deep tech, AI.
- Notable Investments: SpaceX, Tesla, Unity.
3. GV (Google Ventures)
- Details: Google’s venture arm investing across AI, enterprise, robotics, and life sciences.
- Investment Focus Areas: AI, cloud, frontier tech.
- Notable Investments: Uber, Stripe, Flatiron Health.
4. General Catalyst
- Details: A global venture firm backing companies driving transformational change.
- Investment Focus Areas: AI, cloud infrastructure, enterprise SaaS.
- Notable Investments: Airbnb, Stripe, HubSpot.
5. Greylock Partners
- Details: One of Silicon Valley’s premier venture firms investing in early and growth-stage tech companies.
- Investment Focus Areas: AI, cloud, cybersecurity, developer tools.
- Notable Investments: Meta, Coinbase, Palo Alto Networks.
Where Is Modular’s Headquarters?
Modular is headquartered in the San Francisco Bay Area, giving it access to world-class AI talent, hardware partners, and cloud ecosystem collaborations. This location supports rapid scaling, close-knit R&D cycles, and strong partnerships across North America and Europe.
What’s Next for Modular?
Modular is rapidly scaling its AI infrastructure platform, deepening its unified compute layer to redefine how enterprises deploy and optimize AI workloads. With demand accelerating from global developers and hardware vendors, the company plans to expand its engineering footprint across the U.S., U.K., and Europe. Modular aims to become the foundational layer powering the future of AI superintelligence enabling faster, more efficient model training and inference across every type of silicon.
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