Modular

Simplifies AI infrastructure for businesses

Palo Alto, California, United States

About Modular

Modular provides a platform that simplifies AI infrastructure for businesses in various industries, including technology, engineering, and finance. Its product suite is designed to be integrated and composable, allowing teams to develop, deploy, and innovate more efficiently. The platform offers direct access to industry experts, helping clients address infrastructure challenges and meet their Service Level Agreements (SLAs) and Service Level Objectives (SLOs). Unlike competitors, Modular focuses on creating a user-friendly experience and emphasizes a culture of teamwork, learning, and diversity. The company's goal is to continuously innovate and enhance its platform, recently introducing support for dynamic shapes in AI workloads to improve flexibility and efficiency.

Palo Alto, CaliforniaHeadquarters
2022Year Founded
$126.5MTotal Funding
LATE_VCCompany Stage
Data & Analytics, AI & Machine LearningIndustries
201-500Employees

Benefits

Health Insurance
401(k) Company Match
Unlimited Paid Time Off
Stock Options

Risks

Rapid evolution of AI languages may cause fragmentation and compatibility issues.
Dependency on NVIDIA hardware could impact Modular's flexibility and bargaining power.
Investor pressure from $100M funding may lead to strategic misalignments.

Differentiation

Modular unifies AI development and deployment with a 'just works' approach.
The platform supports dynamic shapes, enhancing flexibility and efficiency for AI workloads.
Collaboration with NVIDIA boosts platform capabilities with high-performance computing solutions.

Upsides

Growing demand for AI infrastructure supports Modular's scalable business model.
Interest in AI-first programming languages may increase platform adoption.
Edge computing trend creates opportunities for Modular's edge-to-datacenter distribution.

Funding

Total raised$126.45 M
Latest valuation$500.00 M
StageLATE_VC