Industry: Information Technology
Funding Received: Two SC Launch, Inc. investments
“The SC Launch, Inc. investment is helping us bring the SmartBelt to the workplace.”Eric Martinez, CEO, Modjoul
Modjoul’s wearable technology, a low-profile SmartBelt, is used to provide insight into employee safety and how employees perform at work. The company’s patented SmartBelt is part of an employee’s uniform and uses sensors to gather data.
The data is then encrypted, transmitted and displayed on customizable online dashboards. The company’s solution can address up to 65% of workplace injuries. The SmartBelt is available to order online at store.modjoul.com.
The company became a Client Company in 2016 and received a $250,000 investment in 2017. The investment was used to further development and begin manufacturing. The Modjoul team is using their experience and technology to harnesses new insight into human productivity, and how the human body performs at work. Leadership set a goal to proactively provide these insights for employees to stay safe, productive and ultimately enjoy their livelihood.
In 2019 Modjoul, received a second investment for $200,000, totaling $450,000 in SC Launch, Inc. investments. The second investment will continue to grow the company in South Carolina.
“We truly believe the Modjoul SmartBelt will improve the way companies function by eliminating employee injuries from the workplace.” said Eric Martinez, CEO of Modjoul.
Modjoul recently partnered with Zipit Wireless, another Client Company in the SC Launch Program. Modjoul utilizes Zipit’s IoT device management technologies. The Zipit IoT Device Manager automates the connection between devices and the cloud, ensures a secure connection between the two and enables OEMs to activate and deactivate devices based on their chosen criteria. These capabilities have helped to accelerate Modjoul’s ability to migrate the SmartBelt Activity Tracker solution to Amazon Web Services.
SCRA creates connections between industry and innovators. These partnerships enable company growth and research.