Jolt
Jolt is a technology company.
Financial History
Jolt has raised $9.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Jolt raised?
Jolt has raised $9.0M in total across 2 funding rounds.
Jolt is a technology company.
Jolt has raised $9.0M across 2 funding rounds.
Jolt has raised $9.0M in total across 2 funding rounds.
Jolt Software is a technology company that provides operations execution software for restaurants, retail stores, entertainment venues, and deskless businesses, focusing on employee accountability, digital food safety compliance, and team performance optimization.[1] It serves multi-location operators facing operational challenges like equipment failures and compliance issues, solving problems such as costly food loss and failed audits through digital checklists and monitoring tools, with proven growth including thousands of global users and integration into Digi International's SmartSense solution.[1]
Jolt Software was founded by Josh Bird, a former franchisee owner, on New Year's Eve 2010 after a broken freezer ruined over $10,000 in food stock, highlighting persistent operational hurdles in his business.[1] Drawing from these experiences, Bird developed software to address common pain points for franchisees, restaurant groups, and multi-location operators, evolving into a comprehensive platform now trusted worldwide and acquired by Digi International to expand into broader industry operations.[1]
(Note: Other "Jolt" entities, like Jolt Technology's IT services or Jolt.io's tech training, exist but do not match the primary operations software profile.[2][3][5])
Jolt rides the trend of digital transformation in deskless industries, where IoT-enabled monitoring and compliance software address labor shortages and rising food waste costs amid post-pandemic recovery.[1] Timing aligns with growing demand for operations tech in fragmented sectors like hospitality and retail, fueled by regulatory pressures and efficiency needs; its Digi integration amplifies reach via established IoT networks.[1] Jolt influences the ecosystem by setting standards for proactive, mobile-first tools that reduce human error, benefiting thousands of locations and paving the way for AI-enhanced operations platforms.
Jolt's momentum positions it for expansion within SmartSense, targeting deeper IoT integrations for predictive maintenance and real-time analytics in high-volume deskless environments.[1] Trends like AI-driven compliance and sustainability reporting will shape its path, potentially evolving influence through partnerships that standardize operations tech globally. From a franchisee's breaking point to industry-wide confidence, Jolt exemplifies how targeted software turns operational chaos into scalable efficiency.[1]
Jolt has raised $9.0M in total across 2 funding rounds.
Jolt's investors include Audrey Capital, Eight Roads Ventures, Andreessen Horowitz, NFX, Quiet Capital, Race Capital, Rally Ventures, Relay Ventures, R-Squared Ventures, Sinai Ventures, Vine Ventures LP, Visionaire Ventures.
Jolt has raised $9.0M across 2 funding rounds. Most recently, it raised $7.0M Seed in October 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2018 | $7.0M Seed | Audrey Capital, Eight Roads Ventures | |
| Jul 1, 2016 | $2.0M Seed | Andreessen Horowitz, NFX, Quiet Capital, Race Capital, Rally Ventures, Relay Ventures, R-Squared Ventures, Sinai Ventures, Vine Ventures LP, Visionaire Ventures, Emil Michael, Farzad Nazem, Gary Lauder, Marc Benioff, Noosheen Hashemi, Ran Makavy, Tirto Adji |