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July 25, 2023

Mobilo Secures $4.1M in Seed Funding, poised to reinvent business events

Firm to invest in AI and digital product development, making converting casual interactions into prospects much easier

Mobilo, the inventors of the first smart business card for teams and the digital enterprise raised $4.1 million in seed funding from DeepWork Capital, TMT Investments, and Dutch angel investors. With the seed funding, Mobilo will be able to improve networking and make it easier for contacts to exchange information while integrating artificial intelligence (AI) to automate tasks and generate leads.

There are 27 million business cards printed every day, but over 80% are thrown away each year. With Mobilo, the endless cycle will be reset once and for all. By merging the timeless business card with the digital age, it aims to break the damaging cycle of printing and discarding.

Trees can breathe a sigh of relief, and businesses can reduce emissions while saving money on printing. A Mobilo smart business card is compatible with all modern smartphones and requires only one tap for contact details to appear. The smart business cards are not limited to in-person-only networking but are also accessible for virtual events.

Pieter Limburg, Mobilo’s founder, and CEO, says, “At Mobilo, we’re all about making life easier through technology, hence leveraging AI. We’re automating the mundane stuff like managing new contacts or scheduling follow-ups, so businesses can concentrate on networking effectively and boosting their brand.”

Measuring the return on investment for attending, exhibiting, or organizing an event can be challenging. The traditional method of manually entering lead information directly into the CRM can be time-consuming and produce inaccuracies. Mobilo wants to empower event organizers and attendees with AI solutions to store lead information directly in the CRM. This will lead to better data, more follow-ups, and closes.

Using technology that automatically creates and updates digital business cards that require no manual intervention, Mobilo was designed for large-sized businesses and enterprizes in mind. Over 10,000 employees can be managed using the company's technology. Businesses such as AAA, Marriott, and Rexford Industrial already benefit from the seamless interaction with CRM systems and HR solutions.

Mobilo was the first smart business card company to attain SOC 2 certification. To safeguard data, it developed a proprietary security layer. The company has been fueled by seed funding and is committed to revolutionizing the industry. As a result of its networking, Mobilo is primed and ready to reshape the business networking landscape.

“We love how Mobilo has streamlined our user experience with their integrated and secure digital business card solution. On top of that, it aligns with Rexford’s ESG efforts by eliminating paper cards altogether”, states Robert Rees, Rexford Industrial’s Director, Cybersecurity & Technology Operations.

This marks the beginning of a new era for networking events and meetings.

Neil Hodgson-Coyle
Neil Hodgson-Coyle
Editorial chief at TechNews180
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