About Mode Mobile
Mode Mobile is a company based in Chicago (United States) founded in 2017 by Kiran Panesar and Dan Novaes.. Mode Mobile has raised $4.29 million across 4 funding rounds from investors including MMC. Mode Mobile offers products and services including EarnPhone and EarnOS. Mode Mobile operates in a competitive market with competitors including Jambo, IndiGG, Forte, Ethlas and DMarket, among others.
- Headquarter Chicago, United States
- Founders Kiran Panesar, Dan Novaes
-
Sectors
Media & EntertainmentFinancial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$4.29 M (USD)
in 4 rounds
-
Latest Funding Round
$3 M (USD), Seed
May 19, 2025
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Mode Mobile
Mode Mobile offers a comprehensive portfolio of products and services, including EarnPhone and EarnOS. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Device that lets users earn money through music, games, and tasks.
Software enabling rewards on smartphones via various activities.
Unlock access to complete
Funding Insights of Mode Mobile
Mode Mobile has successfully raised a total of $4.29M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Seed — $3.0M
-
First Round
First Round
(29 Apr 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Seed - Mode Mobile | Valuation |
investors |
|
| Dec, 2024 | Amount | Seed - Mode Mobile | Valuation |
investors |
|
| Dec, 2023 | Amount | Seed - Mode Mobile | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mode Mobile
Mode Mobile has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MMC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment and media services are provided for growth-stage companies.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Mode Mobile
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Mode Mobile
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mode Mobile Comparisons
Competitors of Mode Mobile
Mode Mobile operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jambo, IndiGG, Forte, Ethlas and DMarket, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Web3 mobile infrastructure solutions are developed for a super app.
|
|
| domain | founded_year | HQ Location |
Online community-based gaming platform
|
|
| domain | founded_year | HQ Location |
Blockchain platform for NFT development in gaming applications is provided.
|
|
| domain | founded_year | HQ Location |
NFT-based trading platform for digital games
|
|
| domain | founded_year | HQ Location |
Virtual assets are traded on a blockchain-based platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Mode Mobile
Frequently Asked Questions about Mode Mobile
When was Mode Mobile founded?
Mode Mobile was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Mode Mobile located?
Mode Mobile is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Mode Mobile?
Dan Novaes is the current CEO of Mode Mobile. They have also founded this company.
Is Mode Mobile a funded company?
Mode Mobile is a funded company, having raised a total of $4.29M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.26M, raised on Apr 29, 2020.
What does Mode Mobile do?
Mode Mobile was founded in 2017 and is based in Chicago, United States. The company operates in the Web3 and blockchain gaming sector, where reward-based game NFTs are integrated into blockchain networks. In-game assets can be traded by players through play-to-earn mechanisms. Engagement platforms, interactive games, and fan reward systems are also supported across its services.
Who are the top competitors of Mode Mobile?
What products or services does Mode Mobile offer?
Mode Mobile offers EarnPhone and EarnOS.
Who are Mode Mobile's investors?
Mode Mobile has 1 investor. Key investors include MMC.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.