Mode Mobile
About this raise: Mode Mobile is raising funds through Reg A+ crowdfunding with Dealmaker Securities as the Broker-Dealer. The company is transforming smartphones into EarnPhones with its proprietary EarnOS. Mode Mobile’s EarnPhone comes with built-in earning features through which users can earn up to $1,200 per year by listening to music, playing games, tracking fitness, shopping, reading the news, and more. Dan Noaves and Kiran Panesar founded Mode Mobile in April 2015. The current crowdfunding campaign has a maximum target of $37.5 million. The campaign proceeds will be used for product development, marketing, payroll, and overheads.
Investment Overview
Committed : $12,472,470
Deal Terms
Total Commitments ($USD)
- Platform
- DealMaker Securities
- Start Date
- 07/25/2024
- Close Date
- Not Provided
$1,000
$37,500,000
$1,000
Equity - Common
Series A
RegA+
$0.25
$339,804,363
Company & Team
Company
- Year Founded
- 2015
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue -67% YoY
- $8,226,428
- Monthly Burn
- $177,578
-
Runway
- 8.5 months
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $4,876,865
- VC Backed?
- Yes
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.