Mode Analytics
acquired by ThoughtSpotSan 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.

Board
Investors · 3
How we know: Khosla Ventures's portfolio page · Not right? Tell us
How we know: board seat on SEC Form D · Not right? Tell us
How we know: funding news · prweb.com · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$71.7M disclosed across 4 rounds · 2014–2020
▶$33MraisedAug 2020 · 10 investors · Other TechnologyRule 506(b)
- 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
▶$23.6MraisedFeb 2019 · 12 investors · Other TechnologyRule 506(b)
- 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
▶$13.2MraisedMay 2017 · 7 investors · OtherRule 506(b)
- 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
▶$1.9MraisedMay 2014 · 12 investors · Other TechnologyRule 506(b)
- 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
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.

