The Newsroom
D·October 20, 2026 at 10:33 AM EDT·1 source

Modal Labs, Inc. raises $602M

raise, log scale$602M
$100M$1B$10B$100B

What happened

  • Modal Labs, Inc. filed a Form D reporting $602M sold in an $800M offering.
  • The filing identifies the offering as Other Technology and lists New York, NY as the location.
  • Named individuals include Erik Bernhardsson, Sarah Catanzaro, Patrick Chase and Seth Zelnick.
Amount sold
$602M
Offering size
$800M

Why it matters

The filing indicates a substantial technology-company financing, relevant to venture investors and advisers tracking private-market capital formation.

Deal terms

raise
Modal Labs, Inc.
Value
$602M
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Who is involved

Modal Labs, Inc. raises $602MModal Labs, Inc.targetErik BernhardssonSarah CatanzaroPatrick ChaseSeth Zelnick
CompanyPerson

Sources (1)

  1. SEC EDGAROct 20
    Modal Labs, Inc. raises $602M
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