When was Mode Network founded?

Mode Network was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Where is Mode Network located?

Mode Network is headquartered in United Kingdom.

How many employees does Mode Network have?

As of Aug 31, 2026, the latest employee count at Mode Network is 9.

Is Mode Network a funded company?

Mode Network is a funded company, having raised a total of $***** in its 1st and only funding round, a ICO round on May 06, 2024.

When was the latest funding round of Mode Network?

Mode Network's latest funding was a $***** ICO round on May 06, 2024, with participation from 0 investor. Its primary sector is Blockchain Infrastructure. In United Kingdom, the Blockchain Infrastructure sector has seen $148M in funding in 2026 to date.

Where does Mode Network rank among its competitors?

Mode Network ranks 21st amongst 141 active competitors, of which 17 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Paxos, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of Mode Network?

Mode Network's top competitors include Polygon, ALMANAK and Nexus Mutual. Among them, Paxos secured the most recent funding round in January, 2026.

Mode Network - 2026 Company Profile, Team, Funding & Competitors

Company Details

Modular DeFi L2 building the Superchain alongside Optimism. It builds an on-chain economic system to enable developers to scale applications and provides yields for users. If users have deployed to EVM chains users can deploy to Mode.

Website: mode.network
Social
Email ID: *****@mode.network

Key Metrics

Founded Year

2023

Location

United Kingdom

Stage

Funding Raised

Latest Funding Round

ICO, May 06, 2024, $*****

Investors

Dcbuilder

Ranked

21^st among 141 active competitors

Employee Count

9 as on Aug 31, 2026

Similar Companies

Polygon & 129 more

View Mode Network's full profile

Mode Network has raised funding over 1 round. Mode Network has 1 angel investor.

Here is the list of recent funding rounds of Mode Network:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 06, 2024	6195462	ICO	7330359	5363110	9247036	2269743

Access funding benchmarks and valuations. Sign up today!

View details of Mode Network's funding rounds and investors

The founders of Mode Network is James Ross.

Here are the details of Mode Network's key team members:

James Ross: Founder of Mode Network and founder of 1 other company.
Contact Info: 1 email address

View details of Mode Network's Founder profiles and Board Members

Mode Network's employee count trend

Mode Network has 9 employees as of Aug 26. Here is Mode Network's employee count trend over the years:

Uncover Mode Network's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Mode Network include Polygon, ALMANAK and Nexus Mutual. Here is the list of Top 10 competitors of Mode Network, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Polygon 2017, George Town (Cayman Islands), Series B	Developer of scalable blockchain interoperability protocols	$451M	Peak XV Partners, Coinbase & 66 others	76/100
2nd	ALMANAK 2022, Zurich (Switzerland), Series A	Governance platform for optimizing decentralized finance and gaming projects	$8.45M	AppWorks, HashKey Capital & 7 others	54/100
3rd	Nexus Mutual 2017, London (United Kingdom), Seed	Blockchain-based P2P insurance platform for individuals	$259K	KR1, 1confirmation & 7 others	52/100
4th	Paxos 2025, New York (United States), Seed	Developer of infrastructure for stablecoin issuance yield and credit markets	$12M	Blockchain Capital, Cathay Innovation & 3 others	52/100
5th	Flashbots 2020, Cayman Islands, Series B	Blockchain Research & Development Organization	$60M	Paradigm, Blockchain Coinvestors & 11 others	51/100
6th	Instadapp 2018, Lewes (United States), Series A	Developer of decentralized finance protocols and smart contract wallet infrastructure	$12.4M	Standard Crypto, Pantera Capital & 14 others	45/100
7th	Stratumn 2015, Paris (France), Series A	Development platform for blockchain applications	$9.71M	Open CNP, Nasdaq & 4 others	44/100
8th	Acorn Protocol 2019, Funding Raised	Blockchain-based ecosystem for open network collaboration	-	-	42/100
9th	Grwth Lbs 2020, Seed	Provider of a self-custodial digital wallet with integrated debit card	$7.1M	Galaxy, Framework Ventures & 4 others	40/100
10th	Vault United States, Public	Developer of artificial intelligence blockchain and financial technology software products	-	-	39/100
21st	Mode Network 2023, United Kingdom, Funding Raised	Modular DeFi L2 building the Superchain alongside Optimism	-	-	28/100