Momentum IoT
Date | Investors | Amount | Round |
---|---|---|---|
$3.1m | Seed | ||
Total Funding | $3.1m |
Recent News about Momentum IoT
EditMomentum IoT specializes in providing automated financial and operational insights to field service businesses through advanced GPS technology. The company serves a diverse range of service-oriented clients, including those in construction, maintenance, and logistics. Operating in the asset tracking and job costing market, Momentum IoT offers real-time tracking of valuable assets, accurate job costing, and profitability reporting. The business model revolves around a subscription-based service, where clients pay for access to the software and GPS devices that enable these insights. Revenue is generated through these subscriptions and additional services such as data analytics and reporting tools. Momentum IoT's core offerings help businesses maximize efficiency, ensure accurate job costing, and make data-driven decisions to enhance profitability.
Keywords: GPS technology, asset tracking, job costing, profitability reporting, field service, financial control, operational insights, subscription-based, data analytics, service businesses.