Fundraising Fox

Mode Mobile

Chicago, US · Founded 2015 · Delaware corporation · 110 employees on LinkedIn · 3 known investors

Mode Mobile operates an M&A-driven platform of high-engagement consumer apps unified under EarnOS, a rewards and monetization engine that pays smartphone users for their daily activities. The company spans mobile apps, device licensing to OEM and carrier partners, media, and financial services for higher-net-worth investors.

Founders & leadership

Mode Mobile was founded in 2015 by Daniel Novaes.

DN
Daniel NovaesFounder
KP
Kiran PanesarNamed on SEC filing
AP
Andy PaiNamed on SEC filing
NM
Nick McEvilyNamed on SEC filing

Investors · 3

Reported raises · per SEC filings

Form D private placements

$16.8M disclosed across 4 rounds · 2017–2025

$600KraisedNov 2025 · 45 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Daniel NovaesExecutive Officer, Director
Amount sold
$600K
Minimum investment
$10K
First sale
Oct 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.3MraisedJun 2025 · Other Technology
Rule 506(c)
Officers, directors & promoters on the filing
  • Daniel NovaesExecutive Officer, Director
Amount sold
$1.3M
Minimum investment
$5K
Sales commissions
$10.1K
Placement agents
Opendeal Broker LLC
First sale
Dec 2023
Incorporated
Corporation, Delaware
Federal exemptions
06c
Full filing on SEC EDGAR ↗
$13.5MraisedAug 2018 · 50 investors · Other Technology
Rule 506(c)
Officers, directors & promoters on the filing
  • Kiran PanesarExecutive Officer
  • Dan NovaesExecutive Officer
  • Nick McEvilyExecutive Officer
Amount sold
$13.5M
First sale
Dec 2017
Incorporated
Limited Liability Company, Delaware, 2015
Federal exemptions
06c
Full filing on SEC EDGAR ↗
$1.4MraisedAug 2018 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Kiran PanesarExecutive Officer
  • Dan NovaesExecutive Officer
  • Andy PaiExecutive Officer
  • Nick McEvilyExecutive Officer
Offering amount
$13.5M
Amount sold
$1.4M
First sale
Jun 2018
Incorporated
Limited Liability Company, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Competitors · 3

by search overlap

Companies competing with Mode Mobile for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Mode Mobile do?
Mode Mobile operates an M&A-driven platform of high-engagement consumer apps unified under EarnOS, a rewards and monetization engine that pays smartphone users for their daily activities. The company spans mobile apps, device licensing to OEM and carrier partners, media, and financial services for higher-net-worth investors.
Who founded Mode Mobile?
Mode Mobile was founded by Daniel Novaes in 2015.
Who are Mode Mobile's investors?
Mode Mobile's investors include IU Ventures, Partners for Growth, Partners for Growth (PFG).
How much funding has Mode Mobile raised?
Mode Mobile has disclosed $16.8M raised across 4 rounds.
Where is Mode Mobile headquartered?
Mode Mobile is headquartered in Chicago, US.