Mode Mobile
Developed earn-as-you-go software which enables supplemental income, democratizes access to capital, and increases the realization of financial potential for budget-conscious, financially-challenged, and underserved consumers globally.
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Mode Mobile, founded in 2017, is a company that empowers budget-conscious consumers by providing them with opportunities to earn supplemental income through their daily activities. Operating in the global market, Mode Mobile serves individuals looking to enhance their financial stability without significant additional effort. The company's business model revolves around leveraging everyday consumer activities to generate income, thus flipping the traditional script of major brands and tech companies. Mode Mobile makes money by partnering with various brands and tech companies, offering them access to a dedicated user base that engages with their products and services. The company has raised over $40 million and boasts a globally distributed team of data-driven engineers, product managers, designers, and marketers. Mode Mobile emphasizes a positive work environment, innovation, and a results-driven approach, using Objectives and Key Results (OKRs) to guide decision-making and goal accomplishment. The company has experienced significant growth, with a 14.9x annual growth rate and a 26% month-over-month increase in its community.
Keywords: supplemental income, budget-conscious, daily activities, global market, financial stability, consumer engagement, innovation, data-driven, OKRs, growth.