2024 Revenue
$3.6M
Funding
$11.1M
YOY
29.9%
Team
54
Founded
2014
How MODE CEO Gaku Ueda grew to $3.6M revenue with a 54 person team in 2024.
Provider of a cloud-based service platform designed to serve Internet of Things (IoT) companies. The company's service platform connects web and mobile applications with hardware devices in real time, enabling mobile clients and application servers to access a back-end infrastructure for the development of IoT products.
Last updated
MODE Revenue
In 2024, MODE's revenue reached $3.6M. The company previously reported $2.8M in 2023. Since its launch in 2014, MODE has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | MODE Hit $3.6m revenue in October 2024 | |
| 2023 | MODE Hit $2.8m revenue in December 2023 | |
| 2021 | MODE Hit $1.1m revenue in April 2021 | |
| 2014 | Launched with $0 revenue |
MODE Valuation, Funding Rounds
MODE has not publicly disclosed its valuation. The company has raised $11.1M in total funding to date.
MODE has raised $11.1M in total funding across 5 rounds, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2020 | Funding round | $5.5M | - | - | |
| 2018 | Funding round | $500K | - | - | |
| 2018 | Funding round | $3M | - | - | |
| 2016 | Funding round | $1.3M | - | - | |
| 2014 | Funding round | $775K | - | - |
Founder / CEO
Gaku Ueda
CEO
GAKU UEDA. CEO/Co-Founder. Gaku has held leadership roles in some of the most prominent technology firms in Silicon Valley
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for MODE yet.
MODE Employees & Team Size
MODE employs approximately 54 people as of 2026, up from 43 in 2023, including 4 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 54 employees (October 2024) |
| 2023 | Reached 43 employees (December 2023) |
| 2022 | Reached 31 employees (December 2022) |
| 2021 | Reached 21 employees (December 2021) |
| 2021 | Reached 13 employees (April 2021) |
Frequently Asked Questions about MODE
What is MODE's revenue?
MODE generates an estimated $3.6M in annual revenue.
Who founded MODE?
MODE was founded by Gaku Ueda.
Who is the CEO of MODE?
The CEO of MODE is Gaku Ueda.
How much funding does MODE have?
MODE raised $11.1M across 5 rounds.
How many employees does MODE have?
MODE has 54 employees.
Where is MODE headquarters?
MODE is headquartered in San Mateo, California, United States.
Compare MODE to the industry
MODE operates across multiple industries. Browse revenue, funding, and growth data for MODE in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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