Case Study: Mode Mobile raises $5M in 5 months with DealMaker

How Mode Mobile Filled a $5M Raise

Mode Mobile, a company with a revolutionary smartphone that lets users earn money from their data, faced a challenge with its capital raise. Having previously raised over $40M from traditional sources, the company sought a solution that would not only secure growth funding but also act as a customer acquisition channel and build a loyal brand community. To achieve this, they selected the capital raising platform from DealMaker after an extensive search.

DealMaker provided a customizable, white-labeled solution that allowed Mode Mobile to implement a tiered bonus share structure to incentivize larger investments. Leveraging DealMaker's marketing services for strategic outreach, Mode Mobile successfully raised its maximum target of $5 million in just over five months. This successful Reg CF raise has set the stage for their next funding phase, demonstrating how DealMaker’s platform effectively turns investors into a community of brand advocates.

Mode Mobile

Dan Novaes

Co-founder and CEO