Future Unicorn🦄 #219: Modal Labs

End-to-end stack for cloud compute

The Quild Future Unicorn highlights one future of work early-stage startup with statistically significant signals of becoming a unicorn.

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Modal lets you run or deploy machine learning models, massively parallel compute jobs, task queues, web apps, and much more, without your own infrastructure.

Founders: Erik, Akshat

Signals:

1. Venture-backed experience

   • Erik was the CTO of Better.com (6 yrs) and an engineer at Spotify (6+ yrs)

   • Akshat was an engineer at Scale AI (3+ yrs)

2. Top university alumni

   • Erik graduated from TU Berlin (BS) and KTH RIT (MS)

3. Top investors

   • Amplify Partners invested in seed

   • Some of the most well known data execs have invested as well

4. Accelerated financing

   • Founded 2021, seeded 2022

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One of the best coffee shops in Bay Area: Verve Coffee, they have stores in San Francisco, Palo Alto, Cupertino, and Santa Cruz.