Jiobit

Jiobit

Jiobit is an electronics company that manufactures the world's smallest and longest self learning location tracking technology.

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$37.0m

Valuation: $37.0m

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Total Funding000k
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Jiobit operates in the wearable technology market, providing advanced location tracking solutions for children, pets, and other valuable assets. The company serves parents, pet owners, and caregivers who need to keep track of their loved ones' whereabouts. Jiobit's core product is a small, lightweight, and durable device that leverages Bluetooth, Wi-Fi, Cellular, and GPS technologies to offer real-time location tracking with high accuracy and extended battery life.

The business model is subscription-based, where customers purchase the Jiobit device and then subscribe to a monthly or annual service plan to access its tracking features. Jiobit generates revenue through the sale of its devices and recurring subscription fees for its tracking services. The company also offers premium features for an additional fee, providing enhanced tracking history, more notification options, and increased security measures.

Jiobit operates primarily in the consumer electronics and IoT (Internet of Things) sectors, focusing on safety and security. The company's market includes tech-savvy parents, pet owners, and individuals responsible for the care of vulnerable people or assets.

Keywords: wearable technology, location tracking, Bluetooth, Wi-Fi, Cellular, GPS, real-time monitoring, subscription-based, safety, security.

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