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§ Private Profile · 1840 Gateway Dr Suite 250 San Mateo, California 94404, USA
MODE, Inc. is a company.
MODE, Inc. has raised $19.1M across 5 funding rounds.
Key people at MODE, Inc..
MODE, Inc. was founded in 2014 by Gaku Ueda (Co-founder & CEO).
MODE, Inc. has raised $19.1M in total across 5 funding rounds.
MODE, Inc. provides a robust system integration platform tailored for commercial real estate, unifying disparate building data sources into a single, cohesive layer. This platform ingests information from HVAC, lighting, access control, energy management, and various enterprise applications, transforming fragmented systems into actionable intelligence. Leveraging AI-driven analytics and an intuitive AI Assistant, MODE empowers building owners and operators with enhanced control, efficiency, and insight into their facilities.
The company was co-founded in 2014 by Gaku Ueda and Ethan Kan. Their insight stemmed from recognizing the critical need for businesses to effectively collect and interpret data from the physical world, particularly within complex building environments. By creating a unified data foundation, they aimed to overcome the challenges of siloed information and enable smarter operational decisions.
MODE's platform serves a diverse clientele within commercial real estate, including facility managers and organizations across industries such as cold storage, manufacturing, and construction. The company's vision is to make building data simple and accessible for everyone, enabling continuous optimization of building performance, reduction of energy waste, and improvement of overall sustainability through intelligent data utilization and AI-powered automation.
Key people at MODE, Inc..
MODE, Inc. has raised $19.1M across 5 funding rounds. Most recently, it raised $5.3M MODE - Other Equity in March 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 5, 2025 | $5.3M Venture Round | — | — | Announced |
| Apr 10, 2024 | $8.8M Series B | — | — | Announced |
| Sep 24, 2018 | $3M Series A | True Ventures | — | Announced |
| Aug 31, 2016 | $1.3M Seed Plus | — | — | Announced |
| May 11, 2015 | $780K Seed | Kleiner Perkins, Metamorphic Ventures | — | Announced |
MODE, Inc. was founded in 2014 by Gaku Ueda (Co-founder & CEO).
MODE, Inc. has raised $19.1M in total across 5 funding rounds.
MODE, Inc.'s investors include True Ventures, Kleiner Perkins, Metamorphic Ventures.
MODE, Inc. is a San Mateo, California-based technology company founded in 2014 that develops scalable IoT cloud solutions, including the BizStack platform, to enable worksite digital transformation across industries like construction, manufacturing, and smart devices.[1][2] It connects businesses to their operational data for proactive decision-making, serving enterprises needing easy-to-deploy IoT tools that were previously complex to package and manage, with reported revenue of $12.4 million in 2024, $14.1 million in total funding, and around 40-51 employees.[1][2] The company's mission focuses on spreading worksite data usage to revolutionize operations and create data-driven visibility into the physical world, drawing from founders' expertise at Google, Twitter, and Yahoo.[1][2]
MODE, Inc. was established in 2014 in Silicon Valley by founders with deep engineering and management experience handling data at major tech firms like Google, Twitter, and Yahoo.[1][2] The idea emerged from recognizing the challenges in packaging and deploying IoT technologies for businesses, leading to cloud-based solutions like BizStack that simplify adoption for any company without specialized expertise.[2] Early traction built on this foundation, securing $14.1 million in funding across three rounds (most recent $5.3 million), enabling growth to 40-51 employees and $12.4 million revenue by 2024, while maintaining a focus on industries like construction and IoT.[1][2]
(Note: A separate manufacturing firm named MODE Inc., founded in 1986 in Scottsdale, Arizona, exists for engineering and production services, but context points to the 2014 IoT software company.[3])
MODE, Inc. rides the IoT and worksite digital transformation wave, capitalizing on market forces like the explosion of sensor data in construction, manufacturing, and smart infrastructure, where businesses seek norm-setting visibility without heavy engineering lifts.[1][2] Timing aligns with post-2020 acceleration in edge computing and Industry 4.0, as companies demand plug-and-play cloud IoT amid labor shortages and efficiency pressures. By democratizing worksite data, MODE influences the ecosystem, enabling non-tech firms to compete via analytics, much like how cloud BI tools transformed enterprise software, and fostering trends toward proactive, data-normative operations in physical industries.[1][2]
MODE, Inc. is positioned for expansion as IoT adoption surges in underserved sectors like construction and logistics, with potential to scale BizStack into AI-enhanced predictive tools amid rising demand for real-time physical-world insights. Trends like 5G integration and edge AI will amplify its cloud model, while further funding could push revenue past $20M by integrating with major platforms. Its influence may evolve from niche enabler to ecosystem standard-setter, empowering more businesses to operationalize data—echoing its founding vision of informed, efficient decisions at scale.[1][2]