How Mode Analytics hit $89.6M revenue and 750 customers in 2023.
Mode is a UK-based fintech company that offers a digital banking app and other financial services. The company was founded in 2014 and is headquartered in London. Mode's app allows customers to buy, sell, and hold Bitcoin, as well as earn interest on their Bitcoin holdings. Additionally, the app provides a variety of traditional banking services, such as a Visa debit card, direct debits, and faster payments. Mode aims to simplify and modernize traditional banking by offering a range of financial services within one app, with a focus on transparency and low fees. The company is also committed to sustainable and ethical business practices and has implemented measures to reduce its carbon footprint.
2013
Founded
$89.6M
2023 Revenue
62.05%
YOY
$79.9M
Funding
Mode Analytics Revenue
In 2023, Mode Analytics revenue run rate hit $89.6M in revenue.
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2023
Mode Analytics hit $89.6M in revenue in 2023
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2021
Mode Analytics hit $40M in revenue in 2021
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2020
Mode Analytics hit $19M in revenue in 2020
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2017
Mode Analytics hit $5M in revenue in 2017
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2015
Mode Analytics hit $500K in revenue in 2015
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2014
Mode Analytics hit $50K in revenue in 2014
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2013
Mode Analytics launched in 2013 with $0 revenue
Mode Analytics Funding History
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2020 Series D
Mode Analytics raised a Series D of in October, 2020
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2019 Series C
Mode Analytics raised a Series C of in June, 2019
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2017 Series B
Mode Analytics raised a Series B of in December, 2017
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2015 Series A
Mode Analytics raised a Series A of in December, 2015
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2014
Mode Analytics raised a of in June, 2014
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2013
Mode Analytics raised a of in December, 2013
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2013
Mode Analytics raised a of in June, 2013
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| October, 15 2020 | Series D | ||
| June, 01 2019 | Series C | ||
| December, 01 2017 | Series B | ||
| December, 01 2015 | Series A | ||
| June, 01 2014 | |||
| December, 01 2013 | |||
| June, 01 2013 |
Team
Mode Analytics has 51 total employees and 32 sales reps that carry a quota. They have 750 customers an engineering team of 60 and a marketing team of 17.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 51 |
| Engineer | 60 (118%) |
| Sales | 32 (63%) |
| Marketing | 17 (33%) |
Founder / CEO
Gaurav Rewari
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.
Q&A
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What's your age?
36
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Favorite online tool?
Coda
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Favorite book?
Hard thing about hard things
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Favorite CEO?
Jim Benson, Chorus CEO
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Advice for 20 year old self
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Customers
Churn
Mode Analytics Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Gaurav Rewari | CEO | [email protected] | - |
Mode Analytics Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Gaurav Rewari | CEO | [email protected] | - |
Mode Analytics Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| David Obrand | Board Member | [email protected] | [email protected] |
| Steve Vassallo | Board Member | [email protected] | [email protected] |
| Kevin Brown | Board Member | - | - |
Frequently Asked Questions about Mode Analytics
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When was Mode Analytics founded?
Mode Analytics was founded in 2013.
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How much revenue does Mode Analytics generate?
Mode Analytics generates $89.6M in revenue.
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Who is the CEO of Mode Analytics
The CEO of Mode Analytics is Gaurav Rewari.
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How much funding does Mode Analytics have?
Mode Analytics raised $79.9M.
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How many employees does Mode Analytics have?
Mode Analytics has 51 employees.
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Where is Mode Analytics headquarters?
Mode Analytics is headquartered at 208 Utah St, Suite 400, San Francisco, California, 94103, United States
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