✦ AI AI Company Comparison

Modal vs Stripe — IPO & Funding Comparison

Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.

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Modal: verified Jun 25, 2026. Data for Stripe last verified: Jun 22, 2026.
Metric Modal Stripe
Valuation$1.8B$159B
Total Funding$286M$9.4B
IPO StatusPrivatePrivate
SectorEnterprise SoftwareFintech
StageSeries DPre-IPO
HeadquartersNew York, NYSan Francisco, CA
CEOErik BernhardssonPatrick Collison
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Modal

Modal provides cloud compute for AI and data science workloads, enabling ML engineers and data scientists to run Python, GPU, and serverless workloads in the cloud without managing infrastructure. Valued at 200M USD with 60M raised, Modal competes with Baseten, Vercel, and AWS SageMaker in the 50B+ ML deployment market.

IndustryEnterprise Software
StageSeries D
IPO StatusPrivate
Valuation$1.8B
Total Funding$286M
HeadquartersNew York, NY

Stripe

Stripe is a global financial infrastructure platform for businesses. Following its May 2026 IPO, the company is publicly traded on the NYSE with a market cap exceeding $180B.

IndustryFintech
StagePre-IPO
IPO StatusPrivate
Valuation$159B
Total Funding$9.4B
HeadquartersSan Francisco, CA

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Frequently Asked Questions

What are the valuations of Modal and Stripe? +

Modal is valued at $1.8B. Stripe is valued at $159B. Both valuations are based on the most recent private funding rounds tracked by TechStackIPO.

How much has each company raised? +

Modal has raised $286M. Stripe has raised $9.4B.

What is the IPO status of Modal and Stripe? +

Modal is currently private. Stripe is currently private. Track both on TechStackIPO for S-1 filings and IPO announcements.

Are Modal and Stripe in the same sector? +

Modal operates in Enterprise Software, while Stripe operates in Fintech.

What are the main differences between Modal and Stripe? +

Modal is a Enterprise Software company valued at $1.8B with $286M raised. Stripe is a Fintech company valued at $159B with $9.4B raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor data.

How can I invest in Modal or Stripe before their IPO? +

Accredited investors can access pre-IPO shares in Modal and Stripe through secondary market platforms, pre-IPO funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace section tracks available access options for both companies. Pre-IPO investments carry higher risk and limited liquidity.