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Mode raised $5.3M in a funding round led by KDDI Open Innovation Fund III L.P. to expand operations and development efforts.

Mar 05, 20255 months ago

Amount Raised

$5.3 Million

Round Type

series b

San MateoBig DataSaasSoftwareAnalytics

Investors

Safie Ventures Inc.Kirin Gb Fund I L.P.Canon Marketing Japan Inc.Kddi Open Innovation Fund Iii L.P.

Description

Mode, based in San Mateo, CA, raised $5.3M in funding with backers including KDDI Open Innovation Fund III L.P., Canon Marketing Japan Inc., KIRIN-GB Fund I L.P., and Safie Ventures Inc. The company intends to use the funds to expand operations and its development efforts.

Company Information

Company

MODE

Location

1 WATERS PARK DRIVE, SUITE 210

San Mateo, California, United States

About

MODE Inc. is an all-in-one AI-driven data management platform for the physical world. It empowers businesses in building management, construction, and manufacturing to optimize operations through seamless data integration. By unifying diverse data sources, MODE enables smarter decision-making and enhanced efficiency.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers