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Overview
Modular builds and offers a unified AI infrastructure platform that teams can use to develop, deploy, and innovate on AI workloads. The platform is designed to be integrated and extensible, providing a suite of tools that work together to simplify infrastructure and accelerate AI work. It charges clients for access to the platform and its tools, focusing on businesses with AI infrastructure needs in technology, engineering, and finance. A key differentiator is direct access to industry experts and the platform’s support for dynamic shapes in AI workloads, which helps meet SLAs and SLOs. The company aims to help teams move faster by making AI infrastructure easier to manage and scale, while fostering a culture centered on building user-loved products, empowering people, and teamwork.
About Modular
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$380M
Headquarters
Palo Alto, California
Founded
2022
Your Connections
People at Modular who can refer or advise you
Simplify's Take
What believers are saying
- Hippocratic AI validates Modular in regulated real-time healthcare inference.
- Enterprise buyers value portable optimization across Nvidia and AMD GPUs.
- Unified inference tooling can reduce deployment complexity and latency materially.
What critics are saying
- CUDA remains the default stack, limiting cross-chip adoption.
- Mojo adds migration friction, tooling gaps, and hiring risk.
- Cloud hyperscalers can bundle competing inference tools into their platforms.
What makes Modular unique
- Modular unifies AI inference from GPU kernel to API endpoint.
- Mojo combines Python-like usability with systems-level performance across chips.
- MAX abstracts hardware and masks software complexity for portable compute.
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Funding
Total Funding
$380M
Above
Industry Average
Funded Over
3 Rounds
General Catalyst
Greylock Partners
SV AngelBenefits
Health Insurance
401(k) Company Match
Unlimited Paid Time Off
Stock Options
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%Modular, a startup co-founded by Apple and Google software veterans Chris Lattner and Tim Davis, has raised $380 million from investors including Greylock, General Catalyst and GV, reaching a valuation of $1.6 billion in its latest September funding round. The company is challenging Nvidia's CUDA software platform, which has dominated AI development for nearly 20 years by binding workloads to Nvidia GPUs. Lattner, known for creating Apple's Swift programming language, and Davis previously built software for Google's TPU AI chips. Modular has developed a new AI software stack including Mojo, a programming language designed to work across different chip manufacturers whilst maintaining Python-like usability. The company recently announced achieving top-level performance on both Nvidia's Blackwell B200 and AMD's MI355X GPUs using the same software platform, with AMD chips showing approximately 50% better performance than when using AMD's own software.
Modular Raises $250M in Third Round to Unify AI Compute
Backers in Modular's third funding round included U.S. Innovative Technology fund, DFJ Growth, Google Ventures, General Catalyst and Greylock Ventures, the release said.
Modular has also teamed up with AI application developers such as Inworld AI to accelerate speech synthesis and San Francisco Compute Co., which operates a GPU cluster marketplace.
When generative AI took off in 2022 following the popularity of ChatGPT, launching a startup on a .ai domain felt like the obvious move. It signaled your company was part of the next wave of innovation.¬†It instantly signaled to investors, journalists, and users that you were building in AI.Now, a shift is happening. Some of the most promising startups in AI are quietly moving away from their .ai domains and switching to .com. It‚Äôs not about trend-chasing‚Äîit‚Äôs about positioning.This isn’t a flood, but it‚Äôs enough to raise eyebrows. And it says something about how branding, trust, and long-term ambition play a bigger role in how startups choose to present themselves.Why Startups Went With .AI DomainsIn the early days, .ai domains were easy to get and made a lot of sense. Short .coms are hard to come by and often expensive
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About Modular
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$380M
Headquarters
Palo Alto, California
Founded
2022
There are no jobs for Modular right now.
Find jobs on Simplify and start your career today