# Mode funding: rounds and investors > Mode has raised $70M across 6 rounds since 2016. Investors include True Ventures, National Science Foundation and New Enterprise Associates. Source: https://millionrounds.com/company/mode (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Mode* 6 rounds we have observed, with the 17 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Big Data & Analytics Raised 7 months ago Funding summary Updated 26 Oct 2026 **$70M** raised across 6 rounds since 2016, from 7 sources **$1.3M** Seed **$13M** Series B **$24M** Series B **$3.0M** Round **$23M** Series C **$6.1M** Venture - **Latest round:** Venture, $6.1M Apr 2026 - **Biggest round:** $24M Series B · Jun 2018 - **Investors:** 17 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2018 2020 2022 2024 2026 **$1.3M** Seed **$13M** Series B **$24M** Series B **$3.0M** Round **$6.1M** Venture - **First round:** Seed, $1.3M - **Biggest round:** $24M - **Usual gap between rounds:** 9 months ## The rounds - **Apr 2026** Venture **$6.1M** *4 new* *1 returning* [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [SBI Investment](https://millionrounds.com/fund/sbi-investment) [SoftBank](https://millionrounds.com/fund/softbank-2) Source recorded - **Feb 2019** Series C **$23M** *4 new* [REV](https://millionrounds.com/fund/rev) [Tribe](https://millionrounds.com/fund/tribe) Jake Klamka Valor Equity Partners/ Foundation Reported by FinSMEs - **Sept 2018** Round **$3.0M** *1 new* [True Ventures](https://millionrounds.com/fund/true-ventures-2) Reported by TechCrunch SEC filing: $5.3M sold, first sale Jun 2018 - **Jun 2018** Series B **$24M** *4 new* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Google Ventures](https://millionrounds.com/fund/gv) GV/ National Science Foundation Reported by FinSMEs and 1 other SEC filing: $5.3M sold, first sale Jun 2018 - **May 2017** Series B **$13M** *1 new* [REV Venture Partners](https://millionrounds.com/fund/rev-venture-partners) Reported by FinSMEs - **Aug 2016** Seed **$1.3M** *3 new* [Metamorphic Ventures](https://millionrounds.com/fund/metamorphic-ventures) KPCB NIifty Corporation Reported by FinSMEs ## Founders and team From Mode's own website and the SEC filings it signed: 2 founders, 1 on the team. **Gaku Ueda** CEO/Co-Founder *Named on its 2018 Form D* **Ethan Kan** CTO/Co-Founder - **Yu-tung Kan** Executive Officer, Director i On the board, as filed i *Om Malik* ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2016 **Series B** 2017 **Series B** 2018 **Round** 2018 **Series C** 2019 **Venture** 2026 [True Ventures](https://millionrounds.com/fund/true-ventures-2) [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Google Ventures](https://millionrounds.com/fund/gv) [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [SBI Investment](https://millionrounds.com/fund/sbi-investment) [SoftBank](https://millionrounds.com/fund/softbank-2) [Metamorphic Ventures](https://millionrounds.com/fund/metamorphic-ventures) [REV](https://millionrounds.com/fund/rev) ## Everyone who backed them [True Ventures](https://millionrounds.com/fund/true-ventures-2) VC firm **2** rounds [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **1** round [Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **1** round [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) VC firm **1** round [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) VC firm **1** round [SBI Investment](https://millionrounds.com/fund/sbi-investment) VC firm **1** round [SoftBank](https://millionrounds.com/fund/softbank-2) Investment firm **1** round [Metamorphic Ventures](https://millionrounds.com/fund/metamorphic-ventures) VC firm **1** round [REV](https://millionrounds.com/fund/rev) Corporate VC **1** round [Tribe](https://millionrounds.com/fund/tribe) Accelerator **1** round [REV Venture Partners](https://millionrounds.com/fund/rev-venture-partners) VC firm **1** round GV/ National Science Foundation no record of our own yet **1** round Jake Klamka no record of our own yet **1** round KPCB no record of our own yet **1** round NIifty Corporation no record of our own yet **1** round Valor Equity Partners/ Foundation no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=mode). ## Also claim to have backed them This firm lists Mode as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [Free State Forge](https://millionrounds.com/fund/free-state-forge) Angel network Per its own site ## Quick answers about Mode ### Who invested in Mode? Mode's investors include True Ventures, National Science Foundation, New Enterprise Associates, Google Ventures and Global Brain Corporation, and 12 more on record. ### How much has Mode raised? Mode has raised $70M across 6 rounds since 2016. ### When did Mode last raise? Mode's most recent round was a Venture of $6.1M in Apr 2026. ### What was Mode's biggest round? Mode's largest round on record is $24M (Series B), in Jun 2018. ### Who backed Mode first? Mode's first round on record, in Aug 2016, was backed by Metamorphic Ventures, KPCB and NIifty Corporation. ### What stage is Mode at? Mode's latest named round is a Venture, in Apr 2026. ### Where is Mode based? Mode is based in the United States. ## Companies like Mode In the same sector, and raised in the last eighteen months. [**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app