What is Mode?
Established in 2013, Mode operates at the intersection of data science and business intelligence. The company provides a comprehensive software platform that empowers teams to perform personalized analytics, build interactive dashboards, and deploy advanced predictive models. By offering a unified environment for data exploration, Mode addresses the growing demand for sophisticated, user-friendly analytics tools within the enterprise sector. Its market position is defined by its focus on collaborative data workflows, allowing technical and non-technical stakeholders to align on insights derived from complex datasets.
How much funding has Mode raised?
Mode has raised a total of $81.2M across 6 funding rounds:
Angel/Seed
$2.5M
Series A
$7.5M
Series B
$13.2M
Series C
$23M
Debt
$2M
Series D
$33M
Angel/Seed (2014): $2.6M with participation from Arnold Capital, David Sacks, Panorama Point, Formation8, and Goldcrest
Series A (2015): $7.5M led by Goldcrest Capital, Foundation Capital, and Arnold Capital
Series B (2017): $13.2M supported by Foundation Capital and REV Venture Partners
Series C (2019): $23M featuring Foundation Capital, Valor Equity Partners, and REV Venture Partners
Debt (2020): $2M backed by PPP
Series D (2020): $33M with participation from Foundation Capital, H.I.G. Growth Partners, REV Venture Partners, Switch Ventures, and Valor Equity Partners
Key Investors in Mode
Foundation Capital
Foundation Capital is a venture capital firm that partners with bold founders building category-defining technology companies, supporting entrepreneurs from the earliest stages through long-term growth with deep operational and strategic expertise.
REV Venture Partners
REV is a global venture capital partnership focused on transforming industries through the application of artificial intelligence, data, and analytics, often leading rounds and taking active board seats.
Valor Equity Partners
Valor Equity Partners provides financial services to businesses in the scope of investment activities, focusing on growth-oriented capital and operational support.
What's next for Mode?
With the support of major strategic investment, Mode is well-positioned to accelerate its product roadmap and expand its footprint in the enterprise software market. The company is expected to focus on enhancing its prescriptive analytics capabilities and deepening its integration with existing data infrastructure. As the demand for real-time, data-driven decision-making continues to rise, Mode's ability to scale its platform while maintaining high levels of user engagement will be a key determinant of its long-term success. The firm remains focused on disrupting traditional BI models by prioritizing agility and depth in its analytical offerings.
See full Mode company page
