What is Mode?
Headquartered in San Francisco, California, Mode operates at the intersection of business intelligence and data science. The company's platform offers a comprehensive suite of tools, including personalized analytics, interactive dashboards, predictive modeling, and prescriptive analytics. Mode aims to empower organizations by integrating advanced analytical capabilities into their workflows, enabling data-driven decision-making across various business functions. The company's focus on combining BI with data science positions it as a key player in the evolving analytics landscape.
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, Goldcrest, and Formation8
Series A (2015): $7.5M led by Arnold Capital, Goldcrest Capital, and Foundation Capital
Series B (2017): $13.2M supported by REV Venture Partners and Foundation Capital
Series C (2019): $23M featuring Valor Equity Partners, Foundation Capital, and REV Venture Partners
Debt (2020): $2M backed by PPP
Series D (2020): $33M with participation from REV Venture Partners, Valor Equity Partners, Switch Ventures, H.I.G. Growth Partners, and Foundation Capital
Key Investors in Mode
REV Venture Partners
REV Venture Partners is a global venture capital partnership, known for early investments in significant tech companies and backed by RELX PLC, a major content, technology, and analytics firm.
Valor Equity Partners
Valor Equity Partners, based in Chicago, Illinois, is an investment firm specializing in financial services and investment activities for businesses, established in 2001.
Foundation Capital
Foundation Capital is a venture capital firm dedicated to partnering with founders of category-defining technology companies, providing support from early stages through long-term growth with deep operational and strategic expertise.
What's next for Mode?
The recent strategic investment signals a new phase of growth for Mode, likely focused on expanding its market reach, enhancing its platform capabilities, and potentially exploring new technological integrations. Given the enterprise-level nature of its funding, Mode is poised to scale its operations, deepen its customer relationships, and further solidify its competitive advantage in the data and analytics sector. Future developments may include advancements in AI-driven insights and broader adoption of its integrated BI and data science solutions.
See full Mode company page
