MODE MOBILE, INC.
Raising nowOperatingSoftware & AI · Chicago, IL
MODE MOBILE sells hardware phones and earns marketing revenue from customers. It also holds cryptocurrency assets and treasury accounts. The excerpt is mostly accounting notes and says little more about the products or target customers.
This company has an open fundraising round.
Financials
FY2021–FY2025 · from SEC filings · hover any figure for its sourceFigures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Pre-money — the valuation set before each round’s money came inDotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.
Share price over rounds
Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.
Cap table
Share counts as of Sep 2, 2026| Class | Outstanding | Votes / share | Share of total | Votes | Liquidation | Last price |
|---|---|---|---|---|---|---|
| Series Seed Preferred Stockpreferred | 339,116,182 | — | 12.9% | 17.6% | paid 1st | — |
| Preferred stockpreferred(as of Dec 31, 2025) | 345,659,651 | — | 13.2% | 17.9% | — | — |
| Class AAA Common Stock | 658,101,156 | none | 25.1% | 0% | — | $0.50Mar 2026 |
| Class A Common Stock(as of Mar 18, 2026) | 627,870,232 | 1 | 24.0% | 32.6% | — | — |
| Class D Common Stock | 613,553,216 | — | 23.4% | 31.9% | — | — |
| Class B Common Stock | 23,258,623 | none | 0.89% | 0% | — | — |
| Class C Common Stock | 11,155,245 | none | 0.43% | 0% | — | — |
| Total | 2,618,714,305 | 100% | 100% |
Shares outstanding over timein today's share terms
Changes in named holdersshares in today's terms · % of all shares at the time
- Garland Fund I LLC166M (16.3%) Mar 2024 → 161M (10.1%) Feb 2026
- Kiran Panesar107M (10.4%) Mar 2024 → 103M (6.43%) Feb 2026
- Dan Novaes525M (6193.3%) Jun 2023 → 525M (38.4%) Apr 2025 → 504M (31.6%) May 2026
Principal holders% as the filing states it, Sep 2, 2026
- Daniel Novaes504,010,290 Class D Common Stock80.3%of Class D
- Garland Fund I LLC161,000,673 Series Seed Preferred Stock46.6%of Series Seed Preferred
- All Other Officers & Directors1,449,275 Class B Common Stock21.1%of Class B
- Kiran Panesar102,733,358 Class D Common Stock16.4%of Class D
- All Other Officers & Directors225,184 Class C Common Stock2%of Class C
- Kiran Panesar0 Class B Common Stock1.9%of Class B
Sold to the crowd
- Reg CF · Jun 202362,495,399 shares at $0.08$5M
- Reg A+ · Mar 2024180,000,000 shares at $0.25$45M
- Reg CF · Aug 2025338,711 shares at $0.30$101.6K
- Reg A+ · Mar 202620,325,322 Class AAA Common Stock at $0.50$10.2M· 966 investors
From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.
Fundraising history
Team
11 peopleShow 2 more peopleShow fewer
Names and titles as disclosed on SEC Form C, SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.
Reg CF annual-report compliance
Filed 2 of 3 annual reports (FY2023–FY2025)
Missing: 2023, 2025
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
View all 62 filings on EDGAR- Form 1-USep 29, 20260001493152-26-044674EDGAR
- Form DSep 16, 20260001748441-26-000010EDGAR
- Form 1-A POSSep 2, 20260001493152-26-041122EDGAR
- Form 1-UAug 26, 20260001493152-26-040222EDGAR
- Form 253G2Aug 14, 20260001493152-26-038483EDGAR
- Form 253G2May 29, 20260001493152-26-026416EDGAR
- Form 253G2May 27, 20260001493152-26-025355EDGAR
- Form 1-UMay 27, 20260001493152-26-025353EDGAR
About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.