Modal Labs
Optimizes AI inference to reduce compute costs and response time
$750MSeries D
ParticipantKP
Kleiner Perkins
Activity from announced rounds
Activity in this selectionDeveloper tools
Kleiner Perkins invests in technology companies from inception through IPO and beyond, combining early company formation with capital for later expansion.
The firm’s company-building work includes executive recruiting, business development and management systems. Its early work with Google included recruiting senior engineering and product leaders and introducing OKRs, giving a concrete example of how its role can extend beyond financing.
Its current AI thesis covers both foundational models and applications across industries. Kleiner’s investment in Anthropic reflects the former; its backing of enterprise products such as Rippling shows its interest in systems that become central to a customer’s operations.
- Rounds participated in
- 3
- Confirmed lead rounds
- 0 2 roles undisclosed
- New companies
- 3 First participation on record · 0 follow-on
- Funding in participating rounds
- $875M 3 disclosed · full round size, not this investor’s share
By stage
By primary sector
By country
Rounds
3 in this selectionParallel Web Systems
Provides web infrastructure for AI agents to access the open web
$100MSeries B
Role not disclosedEvervault
Encrypts and orchestrates sensitive data for developers
$25MSeries B
Role not disclosed