Mode Analytics logo
Founded 2013

Mode Analytics

2021 Revenue

$40.0M

YOY

110.53%

Funding

$79.9M

How Mode Analytics hit $40.0M in Revenue with 750 Customers in 2021.

About Mode Analytics

Mode is a collaborative data platform that combines SQL, R, Python, and visual analytics in one place. Connect, analyze, and share, faster.|advanced analytics made collaborative

Monthly Revenue

$3.3M

+ $1.8M (110.53%)
Total Expenses

$3.3M

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

110.53%

=
Rule of 40

111


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Mode Analytics CEO Derek Steer on 09/23/2021

Watch the podcast


Headquarters

208 Utah Street San FranciscoCaliforniaUnited States
Website

mode.com

$Funding$Revenue

Mode Analytics Revenue

In 2021, Mode Analytics revenue run rate hit $40.0M in revenue.

900.00%▲900.00%▲280.00%▲111.00%▲$50.0K$500.0K$5.0M$19.0M$40.0M

Mode Analytics Valuation and Funding History

Mode Analytics has raised a total of $79.9M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
10/15/2020Series D$33.0M$300.0M
06/01/2019Series C$23.0M$103.0M
12/01/2017Series B$13.0M
12/01/2015Series A$7.5M
06/01/2014Seed$2.3M
12/01/2013Pre Seed$500.0K$5.0M
06/01/2013$550.0K

Customers

Mode Analytics has 750 customers.

Lifetime Months

×
Monthly ARPU

$4.5K

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$54.0K

$0$54.0K024681012

Churn

Mode Analytics has an annual churn rate of 15.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-15.00%

Annual Dollar Expansion

35.00%

Net Revenue Retention

135.00%

Team

Employees

Mode Analytics has 168 employees. They have 32 sales reps that carry a quota, an engineering team of 60 and a marketing team of 17.

2020202140.00%▲
DistributionQty

Total Team Size

168

Engineers

60 (36%)

Sales

32 (19%)

Marketing

17 (10%)

CEO/Founder

Derek Steer

Derek Steer is the CEO of Mode, a new startup enabling data scientists to share and discover work. With Mode, analysts are more productive and connected, both publicly within the data community and privately within organizations.Before co-founding Mode in 2013, Derek was an early member of Yammer’s Analytics team. There, he built tools to identify strong leads and customers at risk of attrition within a pool of freemium users. Derek has also worked in antitrust economics and on the Monetization Analytics team at Facebook.|Derek Steer is the CEO and co-founder of Mode. Prior to co-founding Mode in 2013, Derek was an early member of Yammer’s Analytics team, where he led sales and marketing analytics, drawing upon his experience on the monetization analytics team at Facebook and his background in antitrust economics.


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Frequently Asked Questions about Mode Analytics

When was Mode Analytics founded?

Mode Analytics was founded in 2013.


Who is the CEO of Mode Analytics?

The CEO of Mode Analytics is Derek Steer


How many employees does Mode Analytics have?

Mode Analytics has 168 employees.

How much revenue does Mode Analytics generate?

Mode Analytics generates $40.0M in revenue.


How much funding does Mode Analytics have?

Mode Analytics has raised $79.9M.


Where is Mode Analytics headquarters?

Mode Analytics is headquartered at 208 Utah Street San FranciscoCaliforniaUnited States

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