About Jiobit
Jiobit is a Retail company based in San Francisco (United States) founded in 2015, and was acquired by Life360 in April 2021. Discreet wearable electronics are embedded in apparel and accessories. It operates in the Retail and Technology sectors. Jiobit has raised $18.92 million across 6 funding rounds from investors including Life360, NETGEAR and Techstars. Its website jiobit.com draws about 33 thousand monthly visits. Its focus areas include Consumer Electronics E-Commerce, Personal Safety Wearables, Location Tracking and High Tech. Its competitors include XY Labs, Track Group and TickTalk; 2 of its 3 listed competitors have raised funding.
Company details
Jiobit was founded in 2015 in San Francisco, United States, focusing on the consumer wearable technology sector. Modular products are developed with integrated sensors and communications electronics for embedding in apparel and accessories. A service platform is provided to enable monitoring, notifications, and communications functions independently of smartphones, supporting discreet user applications across various operations.
Apps and channels of Jiobit
Jiobit publishes 2 mobile apps with over 50K+ downloads.
Funding Insights of Jiobit
Jiobit has successfully raised a total of $18.92M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in November 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $18.92M
- Total Rounds 6
- Last Round Series A — $6.5M
- Investors Count 14
All 6 funding rounds of Jiobit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2018 | $6.5M | Series A | – | – | |
| Jun 2018 | $4.96M | Series A | – | – | – |
| Oct 2017 | $1.5M | Series A | – | – | – |
| Jan 2017 | $4.76M | Series A | – | New Stack Ventures | |
| Jun 2016 | $1.2M | Seed | – | – | |
| Jun 2016 | Seed | – | – |
15 investors in total: 13 institutional and 2 angel.
Investors in Jiobit
Jiobit has secured backing from 15 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Life360, NETGEAR and Techstars.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech startups are invested in across US and Canada. | mathventurepartners.com | Chicago, United States | ||
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Wakestream Ventures is engaged in early stage venture funding. | wakestreamventures.com | Grand Rapids, United States | ||
Seed & early stage tech focused micro VC investing in geographies such as the US | sandalphoncapital.com | Chicago, United States | ||
Seed-stage venture capital fund | bridgeinvestments.com | Highland Park, United States | ||
| hbsclubchicago.org | ||||
Startup investments are facilitated by Nameless Ventures. | namelessventures.com | Chicago, United States | ||
Inflection Equity, LLC is involved in equity-related activities. | inflectionequity.com | |||
US early-stage tech startups are funded by Graphene Ventures. | graphenevc.com | Palo Alto, United States | ||
Early-stage venture capital investments are made in innovative startups. | 2014 | newstack.com | Chicago, United States |
Investor details for Jiobit
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People of Jiobit
5 people are tracked at Jiobit (1 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Jason Thompson | Head Of Supply Chain | Leadership |
Jacob Sokora | iOS Engineer | Team |
Pete Jansons | Lead Architect | Team |
Brent Cayson | Customer Experience Specialist/ Tech Support | Team |
Nathaniel Mitchell | Staff Mechanical Engineer | Team |
Complete people profiles for Jiobit
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Timeline of Jiobit
4 dated milestones of Jiobit across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Jiobit is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $6.5M.
- Exit Acquired by Life360.
Competitors of Jiobit
Jiobit has 3 listed competitors in our database, 2 of them funded. They include XY Labs, Track Group and TickTalk.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| xylabs.com | 2012 | San Diego, United States | $19.19M | 16 | Platform offering self-sovereign data gathering, storage, and processing solutions | |
| trackgrp.com | 1995 | Naperville, United States | $26.12M | Offender monitoring and tracking solution | ||
| myticktalk.com | 2016 | Brea, United States | Delivers a location tracking watch phone for children's safety. |
Detailed competitors of Jiobit
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Web traffic of Jiobit
The website of Jiobit (jiobit.com) receives about 33.4K visits a month.
- Monthly visits33.4K
▼ 23% vs previous month
Websites whose visitors overlap most with Jiobit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| thethingsnetwork.org | 100% | 173.9K | #206,766 | View details | |
| chipolo.net | 85% | 415.3K | #123,706 | View details | |
| trackershop-uk.com | 75% | 680.7K | #427,737 | View details | |
| google.com | 73% | 85.8B | #1 | View details | |
| reddit.com | 59% | 4.4B | #9 | View details | |
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| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Jiobit
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Top companies in Consumer Electronics E-Commerce
2 companies that operate in the same segment as Jiobit (Consumer Electronics E-Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | |||
Smartwatches and fitness trackers are provided for activity monitoring. | 2007 | San Francisco, California, United States | USD 65.05 M | USD 3.88 |
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Related news about Jiobit
Complete news archive for Jiobit
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Frequently Asked Questions about Jiobit
Jiobit was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Jiobit is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Jiobit is a funded company, having raised a total of $18.92M across 6 funding rounds to date.
Jiobit was founded in 2015 in San Francisco, United States, focusing on the consumer wearable technology sector. Modular products are developed with integrated sensors and communications electronics for embedding in apparel and accessories. A service platform is provided to enable monitoring, notifications, and communications functions independently of smartphones, supporting discreet user applications across various operations.
Jiobit's top competitors include Track Group, XY Labs and TickTalk.
Jiobit has 15 investors. Key investors include Life360, NETGEAR, Techstars, MATH Venture Partners, and Wakestream Ventures.
Yes. Jiobit was acquired by Life360 in April 2021.
Yes. Jiobit publishes Jiobit Smart Tag and 1 more app, with over 50,000 downloads.