/Companies

Mode Analytics

acquired by ThoughtSpot

San Francisco, US · Founded 2013 · Delaware corporation · 3 known investors

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Acquired by ThoughtSpot June 2023 · $200M ($200M cash and equity) · source ↗

Mode Analytics built a collaborative business intelligence platform combining SQL, Python, and R with visualization tools to help data teams analyze and share insights.

Founders & leadership

Mode Analytics was founded in 2013 by Derek Steer, Bennett Stancil, and Joshua Ferguson.

DSDerek Steer
Derek SteerCo-founderHe brings 15 years of experience in analytics to the company's work on go-to-market technology.
BS
Bennett StancilCo-founder
JF
Joshua FergusonCo-founder

Board

KB
Kevin BrownBoard director
SVSteven Vassallo
Steven VassalloBoard directorInvestor at Foundation Capital
PF
Peter FishmanBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$71.7M disclosed across 4 rounds · 2014–2020

▶$33MraisedAug 2020 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Kevin BrownDirector
  • David ObrandDirector
  • Scott HilleboeDirector
  • Steve VassalloDirector
  • Derek SteerExecutive Officer, Director
  • Bennett StancilExecutive Officer, Director
Offering amount
$33M
Amount sold
$33M
First sale
Jul 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$23.6MraisedFeb 2019 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Kevin BrownDirector
  • Heather RiversExecutive Officer
  • David ObrandDirector
  • Josh FergusonExecutive Officer, Director
  • Steve VassalloDirector
  • Bennett StancilExecutive Officer
  • Derek SteerExecutive Officer, Director
Offering amount
$23.6M
Amount sold
$23.6M
First sale
Nov 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$13.2MraisedMay 2017 · 7 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Derek SteerExecutive Officer, Director
  • Bennett StancilExecutive Officer
  • Kevin BrownDirector
  • Steven VassalloDirector
  • Joshua FergusonExecutive Officer, Director
Offering amount
$15.3M
Amount sold
$13.2M
First sale
Mar 2017
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.9MraisedMay 2014 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Derek SteerExecutive Officer, Director
  • Bennett StancilExecutive Officer, Director
  • Peter FishmanDirector
  • Josh FergusonDirector
Offering amount
$2.4M
Amount sold
$1.9M
First sale
Jan 2014
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Mode Analytics do?
Mode Analytics built a collaborative business intelligence platform combining SQL, Python, and R with visualization tools to help data teams analyze and share insights.
Who founded Mode Analytics?
Mode Analytics was founded by Derek Steer, Bennett Stancil, Joshua Ferguson in 2013.
Who are Mode Analytics's investors?
Mode Analytics's investors include Khosla Ventures, Foundation Capital, H.I.G. Growth Partners.
How much funding has Mode Analytics raised?
Mode Analytics has disclosed $71.7M raised across 4 rounds.
Who acquired Mode Analytics?
Mode Analytics was acquired by ThoughtSpot.
Where is Mode Analytics headquartered?
Mode Analytics is headquartered in San Francisco, US.