Jiobit Revenue and Competitors

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Chicago, IL USA

Location

$12.4M

Total Funding

Electronics

Industry

Estimated Revenue & Valuation

  • Jiobit's estimated annual revenue is currently $7.3M per year.(i)
  • Jiobit's estimated revenue per employee is $186,200
  • Jiobit's total funding is $12.4M.

Employee Data

  • Jiobit has 39 Employees.(i)
  • Jiobit grew their employee count by 8% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$0.9M10-17%N/AN/A
#2
$43.4M16130%N/AN/A
#3
$118M37619%N/AN/A
#4
$0.3M4N/AN/AN/A

Jiobit is the world's smallest and longest lasting tracking solution. With a smart tag and smartphone app, parents can find their kids anywhere: Indoors, outdoors, in over 150 countries and even in multi-level buildings. With up to two months of battery life and a durable and discreet design, Jiobit is the world's smallest cellular product. The mobile app (run through a wireless subscription service) offers the most comprehensive set of monitoring and notification features available on the market. Overall, the Jiobit experience gives parents peace of mind while allowing kids to be kids. The Jiobit team is comprised of seasoned engineers, designers, and marketers with a history of building innovative and disruptive consumer products and businesses. The team has logged a combined 150 patents from previous endeavours and developed and shipped products selling in the millions worldwide. We are proudly headquartered in Chicago, with a development center in Silicon Valley. Jiobit is available for pre-sale, with shipping starting in December.

keywords:Location Based Services, Machine Learning, Consumer Electronics, Internet of Things

$12.4M

Total Funding

39

Number of Employees

$7.3M

Revenue (est)

8%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Jiobit News

2022-04-17 - Global GPS Tracker for Kids and the Elderly Market ...

Samsung; AngelSense; Republic Wireless Inc (Relay); Jiobit; Geozilla; Le Vise Products; Weenect; U-Blox; Concox; Ardi Technology; Spytec GPS...

2022-04-06 - Chicago dad invents Jiobit kid tracker after losing son at Maggie Daley Park in Chicago

John Renaldi, cofounder of Jiobit, joins Elizabeth Matthews to talk about how he was inspired to develop this kid tracking device after...

2022-04-06 - Chicago dad creates Jiobit child tracking device after losing son for 30 minutes at Maggie Daley Park

Chicago-area dad invents Jiobit kid tracker after losing son at Maggie Daley Park in Chicago. John Renaldi, cofounder of Jiobit, joins Elizabeth...

2021-04-27 - Family tracking app Life360 to acquire wearable location device Jiobit for $37M

Popular family tracking app Life360 is investing in hardware. The company this morning announced the $37 million acquisition of Chicago-based Jiobit, the maker of a wearable location device designed for use by families with younger children, pets or seniors. The $37 million is primarily in stock ...

2021-02-08 - Jiobit launches an improved version of its kid (or pet) tracker, the Jiobit Next

A Chicago-based startup, Jiobit, wanted to make a better child location tracker than the bulky smartwatches and other insecurely designed products already on the market. So in 2018, it launched its own modular kid tracker — a small dongle of sorts that could be tied to shoelaces, belt loops or s ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$4.7M395%N/A
#2
$7.6M39-2%N/A
#3
$5.4M39-9%N/A
#4
$3.1M398%N/A
#5
$7.5M398%$1.3B