31,250,000 shares sold
$5,000,000 Reg CF Sold Out
Join the EarnPhone revolution by investing in Deloitte’s #1 fastest-growing software company with 32,481% 3-year revenue growth, $60M+ in lifetime revenue, and partnerships with Best Buy, Walmart, Amazon, & Target. We're unlocking a $1+ trillion market opportunity.Â
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2023’s Fastest Growing Software Co. In North America
key retail partnerships
Globally, 6.8 billion people earn less than $12,000 a year, yet their smartphones hold the key to unlocking new financial opportunities and economic empowerment.
As Uber did with cars and Airbnb did with homes, Mode turns people's smartphones into an income-generating asset.
Mode helps people earn and save money directly from the mobile activities they already do, tapping into the 4-TRILLION hours consumers spend on their devices each year.
$1T+
Mode Mobile Total Addressable Market
$110B
Short-Term Rental Market
$100B
Ride-Sharing Market
Powered by EarnOS, Mode Mobile users earn money by listening to music, charging their phones, and playing games, in addition to 16 other earning modes. Users can earn through Mode Mobile’s Earnapp, EarnPhone, or smartphones running on the Mode Mobile Android-based operating system EarnOS.
Sales and licensing deals will make EarnOS available to other device manufacturers, putting us on a strategic path to transform the world's 7 billion smartphones into EarnPhones.
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This business model has been a game-changing catalyst for publicly-listed companies like Roku. Just as TV makers license Roku’s platform when selling smart TVs, Mode Mobile is focused on an even greater opportunity with smartphones.Â
Advertising Revenue (B2B) Digital advertising partners pay for user attention & engagement
Subscriber Revenue (B2C
Mode Earn Club subscribers with premium access to earnings & savings opportunities
Our state-of-the-art smartphone device includes built-in earning features.
Our proprietary earning software turns smartphones into EarnPhones.
When compared with EarnApp alone, EarnPhone users are averaging over 100 hours per month, earning 2.5x more income, and driving 3x retention!
Compatible US Carriers
On average, people spend nearly 40 hours a week on their smartphones. By enabling consumers to earn money during this time, Mode is poised to capture significant revenue and become a household name.
Mode sits at the intersection of three fast-growing global markets — with the emerging category being a trillion-dollar opportunity.
We have raised millions of dollars from over 20,000 shareholders and secured influential angel investors, including TV personality and NYTimes best-selling author Adam Carolla, and CNBC contributor and seasoned options trader Jon Najarian, who we interviewed with at NASDAQ.
85%
of Mode’s revenue comes from United States
75%
of registered Beta users are International
1.21B
smartphones sold globally in 2022
Licensing EarnOS will expedite global distribution.
We’re expanding globally to meet the licensing demand for EarnOS by smartphone manufacturers & OEM’s. 75% of our beta users are international, representing a massive and untapped opportunity to scale revenue by serving our existing user base. Mode Mobile’s goal is to hit $150 million in cumulative revenue within three years.
In addition to being interviewed by FinTech TV at the historic NYSE, we've been featured on NASDAQ and top-tier platforms like The Adam Carolla Show, YouTube star Jake Tran’s channel, CNBC, Forbes, Cheddar, Business Insider, Morning Brew, Robinhood Snacks, 1440, and more.
As AI and automation disrupt the job market, millions face potential unemployment. Mode Mobile envisions a new form of universal basic income(UBI), driven not by government intervention but by technology.
By rewarding everyday mobile activities, we empower users with earnings traditionally captured by monopoly corporations. Our future goal is to integrate AI-driven tools that enable users to monetize their creativity through music, videos, and digital art. This innovative approach offers sustainable earning opportunities, paving the way for financial resilience in an evolving economy.
The Mode Mobile team has been shaped by top talent from companies like Microsoft, Intel, Google, and Goldman Sachs, including those who have also become our esteemed alumni. These industry leaders have played a crucial role in our success, bringing unparalleled expertise to our mission. Backed by venture investors and seasoned angel investors, we are committed to revolutionizing the smartphone industry.
Dan Novaes
CEO, Co-Founder
Current Role @ Mode Mobile:
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Dan co-founded the company with Kiran Panesar and began as CEO in June 2015
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Responsible for setting the vision and direction for the company, leading and inspiring a team of executives and managers, developing and executing strategic plans, and representing the organization to stakeholders and the public.Â
Additionally, Dan is responsible for building relationships with key partners and vendors, ensuring the Mode Mobile brand is well represented, and the organization is compliant with all applicable laws and regulations. Lastly, he is responsible for creating a culture of excellence throughout the organization and inspiring its team members to reach their highest potential.
‍Roles Prior to Mode Mobile:
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‍2015 - 2017: Co-Founder & CEO of Nativ Mobile, an online publishing mobile application solution company
2012 - 2015:Â Co-Founder & CEO of MobileX Labs, an application design & development company; with tens of millions of monthly online users
2005 - 2015: Founder Elekteks, Consumer Electronics Ecommerce & inventor of iFlask, the world’s first“smart” flask (featured on Time, Business Insider, Huffington Post, and more)
Dan has followed his entrepreneurial passion throughout his career. From an early age, he used his skills to establish a variety of businesses across international e-commerce, consumer products, and media approaching nearly $100M in revenue. Dan is one of the youngest members of YPO & the Chicago Economic Club. He is a graduate of the Indiana Kelley School of Business.
Kiran Panesar
CTO, Co-Founder
Current Role @ Mode Mobile:
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Kiran co-founded the company with Dan Novaes and began as CTO in June 2015
Responsible for leading the development and implementation of technology strategies to ensure the success of the organization. He oversees the develop of new technologies and systems that will enhance the users’ experience, supports our engineering and product teams, while also focusing on costs and efficiency.
‍Roles Prior to Mode Mobile:
‍2015 - 2017: Co-Founder & CTO of Nativ Mobile, an online publishing mobile application solution company
2012 - 2015:Â Co-Founder & CTO of MobileX Labs, an application design & development company, with tensof millions of monthly online users (Kiran handled infrastructure)
2011 - 2012: Co–Founder & Programmer at adappt Designs, a software development company for iPhone & gaming applications
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Kiran has over 10 years software development experience and is a product and engineering leader with a passion for building cross-functional teams to solve problems. Kiran has a strong track record of successful product launches, including Instaliker, a project that helped millions of people boost their social media following. In a 5-day period, Kiran designed, built, & launched the MVP, which grew into a suite of products sustainably generating 7-figures of lifetime revenue, eventually leading to a successful exit.
Kathy DeKam
Chief People Officer
‍Current Role @ Mode Mobile:
Kathy began as Chief People Officer on May 4, 2021
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Responsible for overall strategic direction & management of all human resources activities to support the organization's goals & objectives, including performance management, talent acquisition, training & development, & team engagement. Additionally, she is responsible for fostering an open & inclusive culture, & supporting diversity & inclusion. Kathy leads the company-wide OKR process and is responsible for leading the IT function, which includes technical support & maintenance for computer hardware, software, networks, systems integration, and development & adherence to IT policies & procedures.
‍Roles Prior to Mode Mobile:
‍2020 - 2021: Chief People & Culture Officer at Qualifacts, a SaaS & web-based electronic health record company with 430+employees in the U.S. & Peru and $70M+ annual revenue
2015 - 2020: EVP & Chief People & Culture Officer (5 ½ years) and Co-COO (1 ½ years) at Digital Reasoning, an artificial intelligence cognitive computing company with 180+ employees in the U.S., U.K. & Singapore and $38M+ annual revenue. Participated in multiple capital fundraising events totaling $100M, and Smarsh’s acquisition of Digital Reasoning.
2011 - 2015: Director, Human Resources (3 ½ years) and Chief of Staff (6 months) at Video Gaming Technologies, a casino videogame developer & manufacturing company with 650+ employees in the U.S. & Mexico and $65M annual revenue.Participated in Aristocrat’s acquisition of VGT, resulting in total company of 6,000+ employees in 103 countries & $3B annual revenue.
Kathy is a seasoned Human Resources & Leadership professional with 30+ years of experience in startup to large scale companies ranging from 40 to 8,000 employees & $10M to $1.9B annual revenue. Having spent one-third of her career in senior level operational roles including COO of an American company with 2,100+ employees and $500M+ annual revenue. She has a unique blend of operational & people management expertise. Kathy participated in multiple M&A initiatives, as well as fundraising events generating over $100M. Kathy is a U.S. Navy veteran with six years of service.
Prakash RamachandranCFO
Current Role @ Mode Mobile:
Responsible for overseeing the company’s financial & business operations functions, including developing & implementing financial plans, policies, and procedures, budgeting & forecasting, and overseeing accounting and financial reporting.
‍Roles Prior to Mode Mobile:
Most recently, as CFO of Crownpeak Technology, a PE funded SaaS business, aided in revenue growth from $35M to $90M, primarily through acquisition initiatives.
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At Digital Reasoning, a software company offering AI/cognitive computing applications, successfully secured two rounds of financing totaling $80M, oversaw an acquisition of a medium-sized healthcare technology company, and contributed to Digital Reasoning’s acquisition by Smarsh, Inc.
During his career, Prakash assisted in raising over $230M in multiple rounds of financing.
2021 - 2023:Â CFO, Crownpeak Technology (PE-funded SaaS business)
‍2015 - 2021:  EVP & CFO, Digital Reasoning (AI/Cognitive Computing Applications, acquired by Smarsh)
‍2011 - 2015:  CFO, Polyera Corporation (Flexible Electronics Company)
‍1992 - 2011: Held various VP and CFO positions in different organizations, showcasing diverse financial expertise.
Prakash has a Bachelor of Commerce from Madras University and a Master of Science in Management from Stanford University Graduate School of Business. He is a Chartered Accountant from India as well as a Chartered Management Accountant of the U.K.
Judd Hines
General Counsel
Current Role @ Mode Mobile:
Judd began as General Counsel & Compliance on December 3, 2018
Responsible for corporate governance, corporate compliance, & legal risk management & ensuring the organization upholds the highest standards of professional excellence. Additionally, monitors & reviews legal & regulatory developments to ensure compliance with all applicable laws & regulations, prepares, reviews, & negotiates contracts, agreements, & other legal documents, and advises on company investment initiatives.
‍Roles Prior to Mode Mobile:
‍2014 - 2018: General Counsel & Chief Compliance Officer at Hayden Royal an investment banking & finance company with $3B under managementÂ
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2010 - 2014: Managing Director at Majestic Capital Advisors, an investment advisory services firm
2005 - 2010: Director, Macquarie Group, a global financial services company with $600B under management
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Judd is an experienced attorney, with over 24 years of experience in legal, compliance, and investment advisory roles, including Senior Associate at Katten Muchin Rosenman, an AmLaw 100, global law firm. He holds a BA in American Studies from Fairfield University and a Juris Doctorate from Emory University School of Law.
Jeff Epstein
Partner, Bessemer
Former CFO of Oracle
Mark Lawrence
Founder & CEO
SpotHero
Daniel Hoffer
Managing Director
Autotech Ventures
Eddie Lou
Co-Founder
ShiftGig
Every $1500+ investment comes with a donation of two EarnPhones to a family or veteran in need via the Youngstown Community Foodbank — championed by prominent figures like Congressman Tim Ryan and the owners of the San Francisco 49ers.
Investors can choose to retain one EarnPhone for themselves or donate two EarnPhones to a family in need.
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