Modal

Fast growing
Most switched to
Updated Sep 18, 2026
37%
15% YoY
#2

Summary

  • Modal ranks #2 within the Neocloud category, maintaining its position month-over-month.
  • As of September 2026, 37% of organizations who have a vendor in the Neocloud category use Modal: up 15 percentage points from last year.
  • Modal has the highest adoption among enterprise companies (44%), compared to mid-market (31%), small-to-medium businesses (38%), and micro-SMB (41%).
  • Modal key capabilities include serverless GPU compute, auto-scaling infrastructure, and containerized function deployment, supporting scalable AI model hosting and inference workloads.

Are businesses buying Modal?

Key stats

37%
15% YoY
Mid-Market, 34%
34%
19%
#1
#1

Adoption Rates by company size

Company sizeAdoption rate
SMB38%
Mid-market31%
Enterprise44%

About Modal

Modal is a serverless platform that makes it easy to run compute-intensive workloads including AI inference and training in the cloud.

Don’t miss key shifts in business spend.
See all vendors in NeocloudHave feedback?

About this data

These insights come from Ramp’s procurement and renewal data, built on real-world transactions observed across our platform. Figures represent aggregated observations from Ramp Procurement and Renewals activity.

DateNew adopter shareCompetitor switch rateDominant FTE segmentAdoption rate (Enterprise)Adoption rate (Mid-Market)Adoption rate (SMB)
Aug 202634%19%Mid-Market, 34%44%31%38%
Jul 202633%19%Mid-Market, 37%43%28%37%
Jun 202626%18%Mid-Market, 38%36%28%36%
May 202631%17%Mid-Market, 38%36%29%35%
Apr 202628%17%Mid-Market, 40%37%26%34%
Mar 202633%17%Mid-Market, 37%33%25%33%
Feb 202639%16%Mid-Market, 35%33%22%31%
Jan 202634%14%Enterprise, 38%36%20%27%
Dec 202520%14%Enterprise, 40%33%18%26%
Nov 202525%13%Enterprise, 43%33%16%26%
Oct 202522%12%Enterprise, 39%36%15%25%
Sep 202518%12%Enterprise, 43%29%15%25%
Aug 202516%11%Enterprise, 39%29%12%24%
Jul 202524%11%Enterprise, 44%21%10%25%
Jun 202511%10%SMB, 43%20%8%24%
May 202521%11%SMB, 44%14%9%24%
Apr 202510%12%SMB, 43%14%8%25%
Mar 202518%12%SMB, 40%14%8%26%
Feb 202524%14%Enterprise, 38%17%10%25%
Jan 202512%13%Enterprise, 40%17%10%24%
Dec 202427%15%Enterprise, 39%20%11%24%
Nov 202419%13%Enterprise, 40%20%13%23%
Oct 202425%14%SMB, 39%20%13%24%
Sep 202410%18%SMB, 37%11%14%23%

Have feedback?

Share your feedback, suggest improvements, or tell us what vendors you'd like to see covered next.

Time is money. Save both.