Mode

Mode

Collaborative data platform for analytics

About

Mode offers a collaborative data platform that integrates SQL, R, Python, and visual analytics, enabling businesses to connect, analyze, and share data effectively. The platform allows users to perform advanced data analysis and create customizable visualizations, catering to a diverse range of clients including data analysts and executives. Mode differentiates itself with a strong focus on customer service, having won a gold Stevie award for its support. The company's goal is to empower businesses to make informed decisions and discover new opportunities through data.

Company Stage

Acquired

Employees

201-500

Industries

Data & Analytics, Enterprise Software

Total Funding

$76.9M

Headquarters

N/A

Founded

2013


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Simplify's Take

What believers are saying

  • The acquisition by ThoughtSpot for $200M highlights Mode's strong market position and potential for growth.
  • Mode's inclusion in the 2022 Inc. 5000 list and recognition by the SaaS awards underscore its rapid growth and industry impact.
  • Strategic partnerships, such as with Fishtown and TriNet, enhance Mode's credibility and expand its influence in the BI and data analytics market.

What critics are saying

  • The departure of key executives, like former CFO John Hyun, could lead to strategic and operational disruptions.
  • Integration challenges with ThoughtSpot post-acquisition may affect Mode's product development and market positioning.

What makes Mode unique

  • Mode integrates SQL, R, Python, and visual analytics into a single collaborative platform, offering a seamless environment for advanced data analysis unlike many competitors who focus on just one or two of these tools.
  • The Helix data engine ensures efficient performance even with large datasets, setting Mode apart from other BI platforms that may struggle with scalability.
  • Mode's exceptional customer service, recognized by a gold Stevie award, provides a significant competitive edge in client satisfaction and support.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-2%

Benefits

Flexible Time - You know what makes you the most productive. We offer unlimited PTO and the ability to work with your manager to build a schedule that makes sense for you and your family.

Professional Development - We invest in our team's growth by earmarking funds for each employee's continued education, which you can use as you see fit.

Office Life - We strive to make the Mode office a place where everyone is comfortable by providing a variety of working spaces with different volumes and levels of light. We also build community through daily catered lunches and a kitchen that's fully stocked with snacks and beverages.

Medical, Dental, and Vision Insurance - We cover all premiums for employees, dependents, domestic partners, and spouses on a variety of healthcare plans.

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