Building the next disruption in smartphones.
Business overview
Location | CHICAGO, United States |
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Social media | |
Website | www.modemobile.com |
Sectors | Advertising & Marketing Mixed Digital/Non-Digital B2C |
Company number | 473902362 |
Incorporation date | 23 Apr 2015 |
Investment summary
Business highlights
- Deloitte #1 fastest-growing software company ('23)
- 40M registered beta users across 170+ countries
- $50M in cumulative revenue to date*
- 2M 5-star reviews
Idea
Introduction
6.2B people around the world make less than $12,000 per year.
As corporations rake in record profits, billions of people are in search of extra cash.
Smartphone users spend 1/4th of their waking hours on their devices – a potential untapped and under-utilized income-generating asset.
We're unlocking one of the most accessible income-generating assets, sitting untapped in the pockets of over 7B consumers– the smartphone.
We make it easy to earn extra income by rewarding people for what they are already doing: using their smartphones.
Mode sits at the cornerstone of an estimated $1T market, with 40M+ users across 170+ countries and $50M+ in cumulative revenue generated*.
*based on unaudited management accounts.
Monetisation strategy
We estimate that Mode sits at the intersection of a trillion-dollar market opportunity.
We’re looking to scale globally with our EarnOS software.
Through sales and licensing deals we will look to make EarnOS (Mode's operating system) available to other device manufacturers — empowering them to transform the world's smartphones into EarnPhones.
Through licensing EarnOS we aim to expedite global distribution.
We believe we are a one-of-a-kind rewards platform; offering a singular operating system bringing all earning opportunities under a unified umbrella.
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