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How MODE CEO Gaku Ueda grew MODE 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.

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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.

MODE Revenue GrowthReported revenue / ARR by year$0$1M$2M$3M$4M201420162018202020222024$0$1M$3M$4MSource: GetLatka.com
YearMilestone
2024MODE Hit $3.6m revenue in October 2024
2023MODE Hit $2.8m revenue in December 2023
2021MODE Hit $1.1m revenue in April 2021
2014Launched 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.

MODE Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$3M$5M$8M$10M$13M20142015201620172018201920202014 cumulative: $775K • 2014 Funding round: $775K2016 cumulative: $2M • 2014 Funding round: $775K • 2016 Funding round: $1M2018 cumulative: $5M • 2014 Funding round: $775K • 2016 Funding round: $1M • 2018 Funding round: $3M2018 cumulative: $6M • 2014 Funding round: $775K • 2016 Funding round: $1M • 2018 Funding round: $3M • 2018 Funding round: $500K2020 cumulative: $11M • 2014 Funding round: $775K • 2016 Funding round: $1M • 2018 Funding round: $3M • 2018 Funding round: $500K • 2020 Funding round: $5M$11MSource: GetLatka.com
YearRoundAmountValuation% Sold
2020Funding round$5.5M--
2018Funding round$500K--
2018Funding round$3M--
2016Funding round$1.3M--
2014Funding round$775K--

MODE Employees & Team Size

MODE employs approximately 54 people as of 2026, up from 43 in 2023.

MODE has 54 total employees in different roles and functions and 4 sales reps that carry a quota.

MODE Team GrowthReported headcount over time01325385063201420162018202020222024005454Source: GetLatka.com
YearMilestone
2024Reached 54 employees (October 2024)
2023Reached 43 employees (December 2023)
2022Reached 31 employees (December 2022)
2021Reached 21 employees (December 2021)
2021Reached 13 employees (April 2021)

Founder / CEO

Gaku Ueda

GAKU UEDA. CEO/Co-Founder. Gaku has held leadership roles in some of the most prominent technology firms in Silicon Valley

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Customers

We do not have customer count information for MODE yet.

Frequently Asked Questions about MODE

What is MODE's revenue?

MODE generates $3.6M in 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.

How many employees does MODE have?

MODE has 54 employees.

Where is MODE headquarters?

MODE is headquartered in San Mateo, California, United States.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .