Modal Labs
Optimizes AI inference to reduce compute costs and response time
$750MSeries D
ParticipantKP
Kleiner Perkins
Activity from announced rounds
Activity in this selectionOct 23, 2026 · AI · Jul 26, 2026
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
- 1 All roles disclosed
- New companies
- 2 First participation on record · 1 follow-on
- Funding in participating rounds
- $1.5B 3 disclosed · full round size, not this investor’s share