Modjoul produces a wearable that reminds employees of correct body mechanics while performing tasks and provides feedback as needed. Its wearable pairs with AI-powered software to deliver actionable data for health and safety departments. The company is led by CEO and founder Eric Martinez. Modjoul intends to use the investment to further develop its wearable-based system and to deliver new insights to help predict and prevent workplace injuries. The financing will accelerate growth of the company’s operations-technology line, including injury prediction modeling and development of a proprietary Injury Prediction Score™ alongside the Company Injury Score™. These tools are intended to enable a new rate-for-risk model by applying AI to identify areas of risk due to certain movements. Modjoul is a Clemson-based IT company whose flagship product is the SmartBelt, a low-profile wearable that provides insight into employees' safety and performance. The company used an initial $250,000 SC Launch, Inc. investment for development and manufacturing of the SmartBelt. Modjoul currently has over 75 clients who leverage the information collected to reinforce safety initiatives and better understand operations. It recently received a second $200,000 investment from SC Launch, Inc., which will be used to scale the sales organization and develop derivative Software as a Service products. Modjoul was accepted into SCRA’s SC Launch program in December 2016 and says many strategic clients and hires are local to South Carolina. The company is working with SCRA/SC Launch resources—mentoring, grants, and investments—to grow its business. Modjoul develops the SmartBelt, a low-profile wearable worn as part of an employee’s uniform that uses sensors to gather data on safety and performance. The company’s patented SmartBelt encrypts and transmits collected data to customizable online dashboards for employer insight. Modjoul markets the product directly; the SmartBelt is available for order online at store.modjoul.com. The company was accepted into SCRA’s SC Launch program as a Client Company in December 2016. Modjoul is based in Clemson, South Carolina. CEO Eric Martinez said the company believes the SmartBelt will improve workplace function by eliminating employee injuries. A $250,000 investment announced by SC Launch will be used to further development and manufacturing of the wearable technology.

Total raised

$0M

Funding rounds

3

Latest round

Equity

Latest activity

Mar 2019