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Mojio is a technology company.
Mojio has raised $96.6M across 6 funding rounds.
Mojio has raised $96.6M in total across 6 funding rounds.
Mojio designs, develops and delivers connected mobility solutions that transform data into scalable services for our partners and their customers.
Mojio is a connected mobility solutions provider that builds a scalable, secure, and hardware-agnostic platform and SaaS solutions leveraging telematics data and machine learning to deliver actionable insights for enhanced vehicle ownership experiences.[1][2][4] It primarily serves mobile network operators, automakers, and small businesses, solving challenges in fleet management, vehicle safety, security, and convenience by transforming complex vehicle data into seamless services like real-time tracking and predictive analytics.[1][2][5] Founded in 2012 and headquartered in Vancouver, Canada, with teams in Silicon Valley, Mojio has raised $57.35M in funding (last round $10M six years ago), gathered data from over 20 billion miles across more than a million vehicles, and achieved explosive growth, including 4,056% four-year revenue growth earning it BC's fastest-growing company in Deloitte's 2019 Technology Fast 50 (No. 1 in BC, No. 6 in Canada).[1][2][3]
Mojio was founded in 2012 in Vancouver, Canada, emerging at the intersection of automotive telematics and cloud connectivity to address the need for scalable connected car services amid rising demand for data-driven mobility.[1][2][4] While specific founders are not detailed in available sources, the company is led by CEO Kenny, on his sixth CEO role with a track record in tech innovation—including GSMA Innovator of the Year, world-record low-power GPS chipsets, and over $1B in mobile accessories sales from prior ventures like Various Inc., BrandBoards, Ubidyne, NemeriX, and iGo.[4] Early traction built through partnerships with giants like Amazon, Audi, Bosch, Deutsche Telekom, Microsoft, T-Mobile, and Vivint, fueling global expansion and data accumulation from millions of vehicles; a pivotal moment was its 2019 Deloitte recognition for hyper-growth, solidifying its shift from startup to industry leader.[2][3][5]
Mojio rides the connected car and telematics boom, fueled by IoT proliferation, 5G rollout, and the shift to software-defined vehicles, where automakers and telcos seek data monetization beyond hardware.[2][4][5] Timing aligns with post-2010s EV/autonomous trends and pandemic-accelerated digital mobility, positioning Mojio to capitalize on market forces like regulatory pushes for vehicle safety (e.g., eCall mandates) and fleet electrification.[1][3] It influences the ecosystem by democratizing access to vehicle data for non-OEM players, enabling pan-industry services (insurance, rentals, urban planning) and accelerating partner launches, as seen in Telekom's multi-country rollouts.[5]
Mojio is primed to expand in a maturing connected mobility market, potentially deepening AI-driven features like predictive maintenance and V2X integration amid EV adoption and smart city growth. Trends like edge computing and data privacy regs (e.g., GDPR evolutions) will shape its path, favoring its secure, agnostic model; influence may grow via more OEM embeds or acquisitions, evolving from platform provider to ecosystem orchestrator. This builds on its foundational strength in turning vehicle "voices" into scalable revenue, sustaining the hyper-growth that defined its rise.[2][3][4]
Mojio has raised $96.6M in total across 6 funding rounds.
Mojio's investors include Act One Ventures, Amazon Alexa Fund, Amazon, Assurant Ventures, BDC, Bosch, DTCP, innogy, Iris Capital, Kensington Capital Partners, Relay Ventures, TELUS Ventures.
Mojio has raised $96.6M across 6 funding rounds. Most recently, it raised $40.0M Series B in February 2019.