# Modal Labs Inc. raises $750M Series D led by Accel

> Modal Labs Inc., based in United States, has raised $750M in a Series D led by Accel, announced on 14 October 2026. 7 other investors joined.

Source: https://millionrounds.com/news/rounds/modal-labs-inc-series-d-2026-10 (Millionrounds; every figure on the page links to its filing or article)

Raised **$750M** 6 sources reported it

Stage **Series D** first round on record

Investors **8** 1 named as lead

Where **US** United States

AI Cloud Construction

## How big is it?

Against every equity round we recorded in the twelve months to 14 October 2026. Ranks count companies, so the same raise reported twice is counted once.

**#65** equity round of the last twelve months

**#9** Series D of 87 in that time

**#42** round in United States, of 1,195

This round **$750M**

Median Series D **$160M**

4.7 times the median Series D of the last twelve months.

## Who invested

- [**Accel** 121 rounds in the last twelve months *Led*](https://millionrounds.com/fund/accel)

Also in the round

- [General Catalyst](https://millionrounds.com/fund/general-catalyst)
- [Lux Capital](https://millionrounds.com/fund/lux-capital)
- [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures)
- [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins)
- [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures)
- [Redpoint](https://millionrounds.com/fund/redpoint)
- [Amplify Partners](https://millionrounds.com/fund/amplify-partners)

## Funding history

- October 2026 Series D **$750M**

This is the first round we hold for the company.

## Reported by

- Silicon Angle 14 October
- AlleyWatch 14 October
- Tech Funding News 15 October
- TechStartups 15 October
- Crunchbase News 16 October
- AI Insider 16 October

The round's figures come from these reports; each link opens the original.

## Other big rounds that week

[**OMass Therapeutics** $310M Series C](https://millionrounds.com/news/rounds/omass-therapeutics-series-c-2026-10)[**Salience Labs** $125M Series B](https://millionrounds.com/news/rounds/salience-labs-series-b-2026-10)[**Labelbox** $100M Series E](https://millionrounds.com/news/rounds/labelbox-series-e-2026-10)[**Skeleton Technologies** $100M Growth](https://millionrounds.com/news/rounds/skeleton-technologies-growth-round-2026-10)[S **Scanntech** $180M Series F](https://millionrounds.com/news/rounds/scanntech-series-f-2026-10)[**Ramp** $1.9B Growth](https://millionrounds.com/news/rounds/ramp-growth-round-2026-10)

[The company **Modal Labs Inc. on Millionrounds** *→*](https://millionrounds.com/company/modal-labs-inc)[Weekly roundup **Week of 12 October** *→*](https://millionrounds.com/news/weekly/2026-10-12)[Monthly roundup **October 2026** *→*](https://millionrounds.com/news/monthly/2026-10)

**How this article is made**

We write one for every equity round of $100M or more that at least two sources reported. It is put together from our record of rounds, not rewritten from the reports: the ranks and medians count every equity round we read in the twelve months to the round's date. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)