MODE: Funding, Investors & Team (Sep 2026)
With offices in both San Mateo, California and Tokyo, Japan. The company is rapidly growing with now over fifty employees and is in business to provide end-to-end semi-custom IoT and AI solutions for organizations to improve their operations by connecting them to their data, giving them “real-time” insights, so they can turn innovative ideas into sustainable solutions that address a wide range of challenges. Simple, yet powerful, our latest "next generation" BizStack IoT and BizStack AI solutions are comprised of a continuous improvement technology stack that collects real-time data from any sensor, device, product, equipment or legacy system. The data is then sanitized, uniquely structured and provided to highly customizable intuitive dashboards with powerful insights along with properly securing in the cloud for ongoing IoT and AI applications. BizStack can be deployed 4X faster, and 75% less expensive than in-house developers or outside consultants.
MODE has raised $14.0M across 3 funding rounds on record, the most recent a Series B of $5.2M announced in Feb 2025.
That round is below the $6.0M median round size for Information Technology companies tracked on FundedIQ over the last two years.
MODE Company Profile and Key Stats
Latest funding round on record: Feb 2025.
MODE Funding Rounds
1 of 3 rounds was announced without a disclosed amount and is excluded from the total.
MODE announced an undisclosed round in Nov 2022; the amount was not disclosed.
1.4 years later, a Series B of $8.8M was announced in Apr 2024.
10 months later, a Series B of $5.2M was announced in Feb 2025.
MODE Founders and Leadership Team
Contact details for the MODE team: 2 of 2 have an email address on file.
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MODE's latest round of $5.2M is below the median round in Information Technology. Medians cover the last 24 months of disclosed rounds.
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MODE Funding FAQs
What does MODE do?
With offices in both San Mateo, California and Tokyo, Japan. The company is rapidly growing with now over fifty employees and is in business to provide end-to-end semi-custom IoT and AI solutions for organizations to improve their operations by connecting them to their data, giving them “real-time” insights, so they can turn innovative ideas into sustainable solutions that address a wide range of challenges. Simple, yet powerful, our latest "next generation" BizStack IoT and BizStack AI solutions are comprised of a continuous improvement technology stack that collects real-time data from any sensor, device, product, equipment or legacy system. The data is then sanitized, uniquely structured and provided to highly customizable intuitive dashboards with powerful insights along with properly securing in the cloud for ongoing IoT and AI applications. BizStack can be deployed 4X faster, and 75% less expensive than in-house developers or outside consultants.
How much funding has MODE raised?
MODE has raised $14.0M across 3 rounds on record. The most recent is a Series B of $5.2M announced in Feb 2025.
When did MODE last raise funding?
MODE's most recent funding round on record is a Series B of $5.2M, announced in Feb 2025.
Who founded MODE?
FundedIQ lists Ethan Kan (Founder), Gaku Ueda (Founder) at MODE.
Where is MODE headquartered?
MODE is based in San Mateo, California, United States.
How many employees does MODE have?
MODE is in the 11-50 employee band.
How does MODE's funding compare to other Information Technology startups?
MODE's latest round of $5.2M is below the $6.0M median round size for Information Technology companies on FundedIQ across 3,144 tracked companies over the last two years.
About FundedIQ's MODE Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for MODE is left off this page rather than filled in.
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