QTX Qld Alumni - Startup JESI secures $4.5 million
Queensland startup JESI secures $4.5 million for tech helping businesses keep remote workers safe
by Stephanie Palmer-Derrien November 10, 2020 - SMART COMPANY
Queensland worker management startup JESI has secured $4.5 million in Series A funding, marking the first investment by new VC firm Future Now Capital Management.
Launched in 2014, JESI is a Software-as-a-Service solution that allows enterprise customers to know where their remote employees are at any given time.
Previously, the focus has been on the safety of workers who are travelling or working alone in isolated or remote locations.
But, according to JESI co-founder and chief Joe Hoolahan, the COVID-19 pandemic has meant this tech has suddenly become applicable to remote workers all over Australia, and in all kinds of sectors.
While there are other solutions for keeping track of assets - for example, company cars or heavy vehicles - JESI’s unique selling point is its focus on individual employees.
“We’re more about the person than the device or the asset,” Hoolahan explains.
The startup has been up and running for some six years now, but its main focus has been on enterprise sales, which can take some time…