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Jiobit, based in Chicago, Illinois, develops compact, real-time location tracking devices utilizing patented technology combining Bluetooth, Wi-Fi, Cellular, and GPS for precise indoor and outdoor monitoring. Their flagship Jiobit Smart Tag, paired with the Jiobit Guardian app, offers features like geofencing, proximity alerts, and location history, primarily serving child safety but also applicable for pets, the elderly, and other personal tracking needs. The hardware boasts up to seven days of battery life, is lightweight, durable, and incorporates government-level encryption. Historically operating with 12 employees, the company attracted backing from advisors associated with Facebook, Uber, Google, and Symantec's Chief Scientist, with its technology developed by Motorola veterans. Jiobit now functions as a Chicago-based development center for Life360, having been founded in 2015.
Jiobit has raised $11.0M across 3 funding rounds.
Jiobit has raised $11.0M in total across 3 funding rounds.
Jiobit has raised $11.0M in total across 3 funding rounds.
Jiobit's investors include Baris Gultekin, Mike Vernal, Inflection Equity, Lior Ron, MATH Venture Partners, Chicago Ventures, Left Lane Capital, Lightbank, Practical Venture Capital, Techstars, Upheaval, Daniel Hoffer.
Jiobit has raised $11.0M across 3 funding rounds. Most recently, it raised $7.0M Series U in November 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2018 | $7M Series U | — | Baris Gultekin, Mike Vernal | Announced |
| Jan 1, 2017 | $3M Seed | — | Baris Gultekin, Mike Vernal, Inflection Equity, Lior RON, Math Venture Partners | Announced |
| Jun 1, 2016 | $1M Seed | — | Chicago Ventures, Left Lane Capital, Lightbank, Math Venture Partners, Practical Venture Capital, Techstars, Upheaval, Baris Gultekin, Daniel Hoffer, Mike Vernal, JIM Wicks, Lior RON, Tyler Hall | Announced |
Jiobit is a hardware‑enabled consumer safety company that builds compact, long‑battery-life location trackers and a cloud platform used to monitor children, pets, seniors, and other vulnerable people or assets in real time[1][6]. Jiobit’s product combines a small wearable tag, multi‑radio tracking (GPS, cellular, Wi‑Fi, Bluetooth) and a COPPA‑compliant, encrypted cloud/phone app to deliver location, geofencing alerts, caregiver sharing, and emergency dispatch integrations[1][3].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick take: Jiobit occupies a well‑defined niche at the intersection of wearable hardware, secure cloud services, and personal safety — its patented multi‑radio approach and focus on privacy/security are key assets as the personal‑tracking category matures and expands into elder care and institutional use[1][3][6].