Modal Labs, Inc.

New York, NY · Founded 2021 · Software · Still private

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Updated

Sector
Software
Headquarters
New York, NY
Founded
2021
Latest Form D
$602M, Oct 2026
Total capital
$456M
Federal grants
None on recordNo awards found in SBIR/STTR, NIH, NSF or DoD records.
Private capital raised
$456M
5 Form D · last Oct 2026
0 months since last filing
Federal contracts
None on recordNo federal contract awards found.
Granted patents
None on recordNo USPTO grants. Applications publish after 18 months.

Capital timeline

20252026FEDERAL ↑EQUITY ↓Cumulative $1.1B1st Form D$59.7M2nd Form D$16.5M3rd Form D$205M5th Form D$602M
20252026FEDERAL ↑EQUITY ↓Cumulative $1.1B3rd Form D$205M

Latest events

  • Private capital raisedForm D · SEC · 5th filing$602M
  • Private capital raisedForm D · SEC · 4th filing$175M
  • Private capital raisedForm D · SEC · 3rd filing$205M
  • Private capital raisedForm D · SEC · 2nd filing$16.5M
  • Private capital raisedForm D · SEC · 1st filing$59.7M

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Standing in Software · 4096 companies

Line = median
  • Federal contractsBelow median

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

From SEC Form D filings
  • Akshat BubnaExecutive OfficerNamed in SEC Form D filings
  • Erik BernhardssonExecutive Officer, DirectorNamed in SEC Form D filings
  • Patrick ChaseDirectorNamed in SEC Form D filings
  • Sarah CatanzaroDirectorNamed in SEC Form D filings

What it has protected

No granted patents are on record.

USPTO usually publishes applications 18 months after filing, so recent applications may not be visible yet. Patents assigned under a different entity name won’t match.

Checked: USPTO granted patents and published applications · Oct 23, 2026

  • SBS Silver Surfer LLCSimilar federal contract value in Software · null in contracts
  • HOLOS INCSimilar federal contract value in Software · null in contracts
  • Comoto Holdings, LLCSimilar federal contract value in Software · null in contracts
  • Sip & Script, Inc.Similar federal contract value in Software · null in contracts
  • C3 HEALTHCARE LLCSimilar federal contract value in Software · null in contracts
  • LUMENA INCSimilar federal contract value in Software · null in contracts

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .