Jio, Inc.
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Jio, Inc. - overview
Established
2015
Location
Chicago, IL, US
Primary Industry
Consumer Products
About
Based in Chicago, US, and founded in 2015 by John Renaldi and Roger Ady, Jio, Inc. , doing business as Jiobit, is a developer and manufacturer of a wearable location tracking device intended for use by families with kids, pets, or seniors. In November 2021, Jio, Inc. was acquired by the San Francisco-based firm, Life360, Inc for USD 37 million.
As of December 2021, the company is being led by John Renaldi, as its CEO, and has 25 employees. Jio, Inc. designs, manufactures and sells the Jiobit Smart Tag, a wearable location tracking gadget that helps families and people keep track of their loved ones, such as children, elders, and pets. The device uses LPWA (low-power, wide-area) wireless network, Bluetooth, Wi-Fi (Wireless Fidelity), cellular, and GPS technologies for precise tracking and monitoring in low-signal areas and dead zones such as high-rise buildings, stores, and schools.
The company's device includes various built-in features such as real-time tracking, custom geofencing, and smart alerts, location timeline, alert button, first-responders on-call mode, and proximity wander alert, among others. These features, when combined with the firm’s mobile application, the Jiobit app, ensure total safety for customers' loved ones.
Current Investors
Techstars , Sandalphon Capital, Harvard Business School Angels Chicago
Primary Industry
Consumer Products
Sub Industries
Consumer Electronics, Analytics & Performance Software, Connectivity Software, Monitoring & Security Software
Website
www.jiobit.com
Verticals
E-commerce, Mobile Apps, Wearables & Quantified Self
Company Stage
Add-on
Total Amount Raised
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