Prepares to Scale Quickly in Order to Meet Accelerating Demand for Analytics Tools on Top of the Modern Data Stack

Mode Analytics, the most comprehensive platform for collaborative Business Intelligence (BI) and Interactive Data Science, today announced five key additions to its senior management team in order to keep pace with the growing momentum of the business: Gaurav Rewari has joined as Chief Executive Officer, John Hyun as Chief Financial Officer, Srikant Gokulnatha as Senior Vice President of Operations, Dan Quine as Senior Vice President of Product and Engineering, and Emily Ritter as Vice President of Marketing.

“We are in the process of closing a banner year for Mode, in which we’ve hit milestone after milestone—beating revenue targets, driving significant growth in our customer base, and introducing new products that dramatically accelerate the pace and impact of analytics on business outcomes,” said Derek Steer, Co-founder and Chief Strategy Officer, Mode Analytics. “As we enter 2022, we believe Mode will become the best way to conduct and share analysis on top of the Modern Data Stack. We are expanding our executive management team to deliver on the opportunity to scale as quickly as possible. We now have a team in place that will take Mode through its next stage of rapid growth, and beyond.”

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In the past 12 months, Mode has achieved a number of significant goals relating to growth and momentum:

Increased product trial sign-ups by 900%

• Doubled Average Sales Price
• Boosted already best-in-class customer retention rates by over 10 percentage points
• Grew headcount by more than 60%, accelerating the pace of growth and product innovation
• Added several new enterprise customers in a wide array of vertical industries, such as publishing (New York Times), financial services (Square) and pharmaceuticals (Vertex).
• Introduced Visual Explorer, a flexible visualization system analysts use to explore data faster and deliver easy-to-interpret insights to stakeholders.

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“Mode is already the preferred toolkit of choice for analysts and data scientists, and has massive potential to drive the industry forward as the Modern Data Stack is adopted by digital natives and aspirants alike,” said Gaurav Rewari, CEO, Mode. “At this pivotal moment for the industry, we will apply our collective experience to ensure Mode can scale rapidly to take advantage of the enormous opportunity ahead, while continually increasing the value we offer to our customers.”

Gaurav Rewari is a proven industry leader with more than two decades of expertise in business analytics across pre-revenue startup and multi-billion dollar public company stages. As an early employee and first product manager at MicroStrategy, Rewari was part of an executive management team that launched some of the BI industry’s category-defining products and helped grow MicroStrategy from single digit millions in revenue through its IPO and beyond. Rewari also served as VP of product management at Oracle for its $2.5 Billion Analytics business that included the Hyperion, Oracle Business Intelligence and Siebel Analytics product lines. A co-founder of two leading SaaS analytics startups, most recently Rewari was CTO & GM at Digital.ai, a global enterprise DevOps & VSM platform provider, that he joined via its acquisition of Numerify, a venture-backed cloud AIOps leader, where he was co-founder & CEO.

“Gaurav is an outstanding operator with more knowledge of this space than nearly everyone who works in it,” said Derek Steer, Chief Strategy Officer, Mode. “His vision and passion for the space have only grown over that time – he sees the same opportunities that we do and is just as eager to build an enduring, independent company that carries our customers through the many stages of data maturation and market cycles of technology.”

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