Future Unicorn🦄 #218: Modal Labs

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

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

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

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

2. Top university alumni

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

3. Top investors

   1. Amplify Partners invested in seed

   2. Some of the most well known data execs have invested as well

4. Accelerated financing

   1. Founded 2021, seeded 2022

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