Mojio
808 W Hastings Street #1100, Vancouver, BC, V6C 2X4, Canada
Overview
Mojio is a cloud platform and SaaS provider that enables automakers and mobile network operators to build connected-car services. Founded in 2012 and led by CEO Kenny Hawk, the company collects real-world data from more than 7 billion miles of driving and offers a big-data analytics framework that uses machine learning to generate actionable insights. Mojio positions its technology to uncover new revenue streams across the automotive value chain. The company operates teams in Silicon Valley and Vancouver and works with large brands as customers, investors, and partners including Amazon, Assurant, Bosch, Deutsche Telekom, Microsoft, SAP and T-Mobile. It raised $40M in a Series B round to invest in talent and technology to accelerate adoption of connected-car services and expand its IoT offerings. The platform combines telematics data, cloud services and analytics to support automakers, carriers and other enterprise customers. Mojio is a scalable, secure, hardware-agnostic cloud platform and SaaS provider for connected cars, serving automakers and mobile network operators. Its platform solutions and mobile apps deliver safety, security and convenience while providing a big-data analytics framework that uses machine learning to generate actionable insights and new revenue streams across the automotive value chain. Mojio has connected more than 750,000 vehicles globally and gathered driving data from more than 7 billion miles. The company counts customers, investors and partners including Amazon, Bosch, Deutsche Telekom, Microsoft, SAP and T‑Mobile. Founded in 2012, Mojio has teams in Silicon Valley, Vancouver and Sofia. Mojio plans to collaborate with Assurant to develop digital protection and support solutions that leverage pooled vehicle data to enhance the ownership experience. Mojio operates an open, scalable and hardware-agnostic connected-car cloud platform that pairs a plug-and-play OBD device with a mobile app to deliver connected-vehicle features. The company sells its platform to mobile network operators and automotive partners to provide services such as diagnostic alerts, vehicle location and tracking, stolen-vehicle recovery, recall notices, trip logging and on-demand roadside assistance. Mojio has connected more than 500,000 vehicles and collected over 6 billion miles of driving data, which it analyzes with machine learning to generate actionable mobility insights. Its big-data analytics framework is positioned to unlock new revenue streams across the automotive value chain. Financially, Mojio completed a CAD$30M Series B in late 2017 and has secured additional Series B investment from Iris Capital and TELUS Ventures to accelerate global roll-outs. Mojio works with major network operators including Deutsche Telekom, T-Mobile US, Bell Canada, Rogers and TELUS and maintains teams in Vancouver, Palo Alto and Sofia. Mojio provides a cloud platform for the deployment of secure connected car apps and services to deliver improved driving and vehicle ownership experiences to subscribers of major network operators. The company aggregates real-world data from more than 5 billion miles of driving and offers a big data analytics framework that uses machine learning to generate actionable insights and surface new revenue streams across the automotive value chain. Mojio has connected over 500,000 vehicles worldwide and counts subscribers of network operators including Bell Canada, Deutsche Telekom, Rogers Communications, T-Mobile and TELUS. The company was founded in 2012 and has offices in Vancouver, Palo Alto and Sofia. Mojio plans to use recent funding to accelerate roll-outs with network operators globally, drive product innovation and patent development, and advance its machine learning initiatives. Mojio began as a consumer connected-car gadget but shifted to a B2B2C, platform-focused approach in 2015. The company provides always-on cellular connections for cars and is positioning itself at the intersection of wireless carriers and automotive OEMs. Mojio is targeting wireless operators as partners (Deutsche Telekom is a backer and T‑Mobile has signed up as a partner) and is building a team in Prague to support international expansion. The company is integrating with voice platforms — the Alexa Fund is cited as helping fuel development of a second‑generation Alexa Skill that will use Mojio’s automotive data. Mojio recently executed a follow-on raise to extend its Series A and says the funds were intended to provide runway to go global and to grow engineering talent. Leadership changed recently: founder and CEO Jay Giraud stepped down and Kenny Hawk was brought in as the new CEO.
- Total raised
- $95M
- Funding rounds
- 9
- Latest round
- Series B
- Latest activity
- Feb 2019
Industries
- Analytics
- Fleet Management
- Mobile
- SaaS
- Software
Recent funding
Series B
Feb 2019
$40M
Series B
Nov 2017
$23M
Equity
Dec 2016
$7M
Series A
Jun 2015
$4M
Series A
Mar 2015
$8M