Moj.io Inc.
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Moj.io Inc. - overview
Established
2012
Location
Vancouver, BC, Canada
Primary Industry
Software
About
Moj. io Inc. is a provider of connected vehicle and telematics solutions, aiming to enhance mobility services for both businesses and consumers through innovative SaaS offerings. Moj.
io Inc. specializes in connected vehicle services, having been founded in 2012 in Vancouver, Canada. The company has undergone a Series B funding round, securing USD 40. 00 mn on February 20, 2019, led by Kensington and including participants such as Amazon and TELUS Ventures.
Richard Woodruff is the founder of the company, which has completed a total of 9 deals since its inception. Mojio offers a range of connected vehicle and telematics solutions, focusing on scalable mobility services. Its flagship product, the Mojio Connected Car Platform, includes SaaS solutions that convert telematics data into actionable insights, with features like live vehicle tracking and driver behavior monitoring. Notably, the Force Fleet Tracking solution is designed for small and medium-sized businesses.
Mojio's services cater to various sectors, including automotive manufacturers and field service management across markets in Europe, the U. S. , and Canada. Mojio operates on a subscription-based revenue model primarily derived from its Force Fleet Tracking and other SaaS offerings.
Clients, including automotive manufacturers and mobile network operators, typically engage through monthly or annual fees for platform access. The structured subscription model allows for recurring revenue, ensuring continuous support and updates for clients. The integration of Mojio's services with existing software also enhances revenue opportunities in the home services sector. Moj.
io plans to leverage its most recent Series B funding of USD 40. 00 mn, raised in February 2019, to expand its product offerings and market reach. This includes the development of new products aimed at enhancing user experience and entering new geographic markets. The company targets increased penetration in European markets and aims to enhance its partnerships within the automotive sector, focusing on delivering innovative telematics solutions to improve operational efficiency.
The funding will support these initiatives and facilitate further growth.
Current Investors
Kensington Capital Partners, BDC Capital, Relay Ventures
Primary Industry
Software
Sub Industries
Connectivity Software, Analytics & Performance Software, Application Integration Software
Website
http://www.moj.io
Verticals
Cloud Computing, Mobile Apps
Company Stage
Series B
Total Amount Raised
Subscriber access only
Moj.io Inc. - employee data
Moj.io Inc. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Member Board Of Advisors | BM |
BM Board Member
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