Modal Labs
Optimizes AI inference to reduce compute costs and response time
$750MSeries D
ParticipantBC
Bain Capital Ventures
Activity from announced rounds
Activity in this selectionSeries C+
Bain Capital Ventures incubates companies, leads seed rounds and invests through growth, with teams focused on applied AI, infrastructure, security, health and physical AI.
BCV Labs provides a company-building route alongside the firm’s venture investments. The Hive, its platform team, works with portfolio companies on recruiting, marketing and customer development.
Its connection to Bain Capital brings an industrial and commercial network beyond the startup sector. For a founder selling into established businesses, that network can be relevant to finding early customers, testing a product and entering new markets.
Sources
- Rounds participated in
- 12
- Confirmed lead rounds
- 1 8 roles undisclosed
- New companies
- 11 First participation on record · 1 follow-on
- Funding in participating rounds
- $2.9B 11 disclosed · full round size, not this investor’s share
By stage
By primary sector
2 more
Cybersecurity1
Healthtech1
By country
Rounds
12 in this selectionForus
Connects healthcare providers, pharmacies, payers and biopharma through AI-assisted treatment-access workflows.
$150MSeries C
LeadRillet
Rillet provides accounting software in which finance teams and AI agents work from a shared general ledger.
$100MSeries C
ParticipantEtched
Designs AI inference hardware systems combining specialized chips, racks and software.
$700MSeries D
ParticipantLumilens
Lumilens develops optical interconnects for connecting GPUs in AI data centers.
>$700MSeries C
Role not disclosedChai Discovery
Building AI models to accelerate pre-clinical drug discovery
$400MSeries C
Role not disclosedNorm Ai
Builds agentic law for high-stakes work by bringing AI engineers and attorneys together to embed law into AI agents
$120MSeries C
Role not disclosedReserv
AI-native third-party administrator handling P&C insurance claims for insurers, MGAs, and brokers
$125MSeries C
Role not disclosedHightouch
Provides data and AI for marketing
$150MSeries D
Role not disclosedCape
Provides private and secure mobile connectivity for enterprises, government, and consumers
$100MSeries C
Role not disclosedLoyal
Loyal develops medicines intended to extend dogs’ lifespans.
$100MSeries C
Role not disclosedDecagon
Provides conversational AI agents for concierge customer experiences
$250MSeries D
Role not disclosed