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MODErevenue & funding

Retail IoT SoftwareSan Mateo, CaliforniaFounded 2014CEO Gaku Ueda

MODE is a Retail IoT Software company based in San Mateo, founded in 2014.

tinkermode.comLinkedInUpdated Oct 17, 2024
Annual revenue
$3.6M
Oct 2024EST.
Total raised
$11.1M
5 rounds
Employees
54
Oct 2024

MODE revenue

MODE has not published its revenue. GetLatka estimates it at about $3.6M a year (October 2024).

$0
$1M
$2M
$3M
$1.1M
–
$2.8M
$3.6M
2021202220232024
ReportedEstimateOne figure per year; a reported figure wins over an estimate
All 3 revenue readings, with sources
As ofRevenueSource
Apr 2021$1.1M–
Dec 2023$2.8MEST.GetLatka estimate
Oct 2024$3.6MEST.GetLatka estimate

– source not recorded

MODE funding rounds & investors

MODE has raised $11.1M across five rounds since 2014. The latest was a $5.5M funding round in December 2020.

DateRoundRaised
Dec 2020Funding round$5.5M
Nov 2018Funding round$500K
Sep 2018Funding round$3M
Aug 2016Funding round$1.3M
Nov 2014Funding round$775K
Total raised$11.1M

MODE competitors

MODE competes most directly with LaunchDarkly.

CompanyRevenueFundingEmployeesCustomersFounded
LaunchDarkly$60M$330.3M5815K2014
MODE$3.6M$11.1M54–2014

MODE CEO, founders & employees

Gaku Ueda founded MODE in 2014 and runs it as CEO. MODE had 54 employees (October 2024, LinkedIn), up from 43 a year earlier.

0
20
40
21
31
43
54
2021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 5 headcount readings, with sources
As ofEmployeesSource
Oct 202454LinkedIn
Dec 202343LinkedIn
Dec 202231LinkedIn
Dec 202121LinkedIn
Apr 202113–

MODE FAQ

What is MODE's revenue?

GetLatka estimates MODE's revenue at about $3.6M a year (October 2024). The company hasn't published its own figure.

How much funding has MODE raised?

MODE has raised $11.1M across five funding rounds. The latest was a $5.5M funding round in December 2020.

How many employees does MODE have?

MODE had 54 employees in October 2024, according to LinkedIn.

Who is the CEO of MODE?

Gaku Ueda is the CEO of MODE and founded the company in 2014.

Who founded MODE?

Gaku Ueda founded MODE in 2014.

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How this page is sourced

4 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Oct 17, 2024Data disclaimerReport a correctionClaim this profileRun MODE? Join the podcast