Mojio, the connected car platform Raises $8M

What does Mojio do?

Mojio, is a Canada based connected car platform. Mojio is the world’s leading open platform for cars. It connects your car to your favorite people, things and places. Mojio delivers insights into what is taking place under the hood and behind the wheel. Mojio powered apps will provide accurate, contextual and near real time info to drivers and enterprises to keep them informed well while they are on and off the road.

Mojio is an open platform which makes it easy for developers in creating apps which can solve the problems for drivers and businesses similarly. Mojio improves the driving experience by helping drivers with a plug and play device for the car and mobile app for your phone. It helps drivers plan and record trips and share their driving info with family and friends and help them understand their car’s health better.

Mojio is a completely customizable, scalable and cost effective option for managing resources which can host multiple smart phone and web based apps.

How much Mojio was funded?

Mojio raised $8 M in Series A funding on March 24^th, 2015 from the investors Deutsche Telekom Capital Partners, Relay Ventures, Steve Case and BDC Venture Capital.

Previous funding

$2.3M in Seed round on Oct 16^th, 2013 from Relay Ventures, BDC Venture Capital and 500 Startups

What is next for Mojio?

The funds will support the company’s US and international growth as a part of its vision to build the most comprehensive app marketplace for cars in the World.

More about Mojio

It was founded in October 12th, 2012 by Jay Giraud, David Shore, Narayan Sainaney and Richard Woodruff.

Mojio’s product, a cellular device which plugs into the OBD port of a car, unlocks the data of any automobile which is built after 1995 and connects it to the web. When the device is plugged in, the car owner can access the car’s data through an app.

Mojio strives constantly to deliver a continuous and ever expanding relationship with its customers.