Fundz

Mode raised $8.75M in Series B funding led by SBI Investment Co., Ltd., True Ventures, JR East Startup Co., Ltd., and Daiichi Jitsugyo Co., Ltd. to expand to North American market.

PRIVATEApr 10, 2024

Amount Raised

$8.75 Million

Round Type

Series B

San MateoSoftwareAnalyticsBig DataSaaS

Investors

Daiichi Jitsugyo Co., Ltd.JR East Startup Co., Ltd.True VenturesSBI Investment Co., Ltd.

Description

Mode raised $8.75M in Series B funding to further enhance the expansion to the North American market, with regards to both customer acquisition and potential global partnerships.

Quick answer

Mode raised $8.75 Million in a Series B round, dated April 10, 2024. Investors: Daiichi Jitsugyo Co., Ltd., JR East Startup Co., Ltd., True Ventures and SBI Investment Co., Ltd. Mode is based in San Mateo, California, United States.

How much did Mode raise?
Mode raised $8.75 Million in a Series B round on April 10, 2024.
Who invested in Mode?
Daiichi Jitsugyo Co., Ltd., JR East Startup Co., Ltd., True Ventures and SBI Investment Co., Ltd. are named as investors in this round.
What does Mode do?
Mode is the modern Business Intelligence (BI) platform, and the first solution built around the way modern data teams work.
Where is Mode based and how big is it?
Mode is based in San Mateo, California, United States. Fundz records about 57 employees.
Who are the decision-makers at Mode?
Fundz holds 1 contact at Mode, including the Executive Officer, Director, Promoter. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Analytics and Big Data around the same time

Companies in the same sectors as Mode that raised within 45 days of this round, from Fundz verified event records.

  • StarTree, Inc. raised an undisclosed amount (Corporate Round) on March 10, 2024.
  • Enverus raised $5.7M on May 24, 2024.
  • Velotix raised an undisclosed amount (Funding Round) on May 22, 2024.
  • Gong i.o Ltd. raised $250M (Series E) on May 18, 2024.
  • CRMBonus raised $75M (Series B) on May 16, 2024.
  • Expanso raised an undisclosed amount (Seed) on May 16, 2024.

Who to call at Mode, and when

A new round usually means Mode is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Mode raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Mode, from your own LinkedIn network

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Company Information

Company

Mode

Location

1 WATERS PARK DRIVE, SUITE 210

San Mateo, California, United States

About

Mode is the modern Business Intelligence (BI) platform, and the first solution built around the way modern data teams work. Mode clears the path from data to insights and uplevels decision making in every function of the organization. As a unified intelligence layer, Mode maximizes modern data stack ROI and turns data into a competitive advantage for leading businesses across all sectors and stages. Data leaders use Mode to drive more efficient, higher impact analysis and increased data maturity through true self-service. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8df0d867-66e9-4864-843c-0a802fe5f04e PR Contact:Ryan Mattison VP, Content & Communications, ThoughtSpot ryan.mattison@thoughtspot.com

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Fundz sees it the moment Mode raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsGaku U., Executive Officer, Director, Promoter hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Mode raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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