
Modal
Stockholm area, Sweden · est. 2021 · website ↗
Registered as Modal Labs Sweden AB
Modal is an AI-native serverless cloud compute platform that lets developers scale AI workloads to thousands of GPUs.
Filed financials
Filed with a public registryFiled with Bolagsverket. The legal entity, not the group.
| Fiscal year | Revenue | Result | Employees | Cash | Equity | Total assets | Flags |
|---|---|---|---|---|---|---|---|
| FY2025 | 1.6 MSEK | -19 MSEK | 10 | 0.8 MSEK | 1.2 MSEK | 3.4 MSEK | None |
Open roles right now (5)
Open when I last checked, via their Ashby careers site.
Other roles right now (3)
Titles that do not read as software.
Stack, from their job ads
From Modal’s own job ads, so only the part it is hiring for.
What the open roles look like
From the open role titles. Not used in any ranking.
- 2 of 8Forward-deployed engineerA title popularised by Palantir for engineers who work inside the customer's environment, building and integrating on-site rather than on the core product. Rare in Stockholm and a deliberate operating choice, so its presence says something specific about how the company sells and delivers.
Registered business activity (SNI)
Filed with a public registryStandard industry classification codes as filed with Bolagsverket.
Open source activity
Read from what they publishFrom the company’s own linked GitHub organization, @modal-labs.
Everything I could know about Modal
A blank is a gap in my coverage.
Company health
Filed with a public registry- SurvivalRunway ~0 moLoss-making in its latest filed accounts (FY2025). cash 0.8 MSEK, loss 19 MSEK over the year (1.6 MSEK/month), revenue 1.6 MSEK. Cash divided by that burn is ~0 months of runway. Filed facts, but the burn is the accounting result rather than true cash flow, and a funding round raised since the filing date does not show here yet. This is a year-end figure, and the company has 8 open roles advertised right now. Advertising a job commits to a salary, which a filing this old cannot account for, and money raised since the year end does not appear here.
- Age5 years oldFounded 2021, 5 years ago.
- CapitalGrowthSelf-reported to the startup directory.
- Distress flagsNo data for this company yet
- GrowthNo data for this company yet
What you'd build and work with
Read from their job ads- Building (problem type)Data/MLData/ML (1): 1 posting classified from title/description keywords, not ML.
- StackRust3Serverless3AWS2Azure2CloudFormation2Docker2GCP2Kubernetes2Linux2LLM2Pulumi2Python2Terraform2C++1Java1NoSQL1SQL1TypeScript1Rust (3), Serverless (3), AWS (2), Azure (2), CloudFormation (2), Docker (2), GCP (2), Kubernetes (2), Linux (2), LLM (2), Pulumi (2), Python (2), Terraform (2), C++ (1), Java (1), NoSQL (1), SQL (1), TypeScript (1), counted over the postings whose text I hold.
- Role shape2 forward-deployed engineerClassified from the titles of the 8 roles open when I last checked.
- SectorInfrastructure, AI & developer toolsMapped from the industry tags this company reported to the startup directory (Developer tools). Self-reported, so it is the company's own claim about its market.
- Engineering reputationRead from what they publishGitHub: modal-labs47 public repos, 6001 stars, last push 3 weeks ago.
Hiring practicalities
Read from their job ads- Open roles8 open8 roles, sourced from the company's own Ashby board.
- Working languageEnglishRead from the words in this company's own live job ads, which is the company stating how it hires rather than me inferring it. Detected across this company's live postings.
Fit and mission
Worked out from facts I hold- Fit (chaos or structure)Balancedfounded 2021 (5 years ago), ~126 employees, Growth stage. Age, size and stage combine into the read.
Companies like this one
Worked out from facts I holdEach shows why. Not a recommendation.
- Also Infrastructure, AI & developer tools · Also building data/ml · Shares AWS, Azure, TypeScript and 8 more · Similar size (50 to 200)
- Also Infrastructure, AI & developer tools · Also building data/ml · Shares Node.js, OpenAI, Python and 4 more
- Also Infrastructure, AI & developer tools · Shares Kubernetes, Python, Linux and 5 more · Similar size (50 to 200) · Same age (3 to 5 years)
- Also Infrastructure, AI & developer tools · Also building data/ml · Shares AWS, Docker, Kubernetes and 14 more
- Also Infrastructure, AI & developer tools · Also building data/ml · Shares Python, LLM, Java and 8 more
- Also Infrastructure, AI & developer tools · Also building data/ml · Shares AWS, Azure, GCP and 3 more
Work here?
Nobody has answered yet. Same questions for every company.
Answer for this companyOn the map
Sveavägen 17, vån 16, STOCKHOLM, 11157, SE-LAND
Address as filed with Bolagsverket.
Drawn by OpenStreetMap, so it only loads when you ask for it.
Wrong about Modal?
The address, the headcount, the logo, a role that closed. Tell me which and I will fix it.