Mobility Mojo, a Dublin-based startup, has raised €4.25 million in a Series A funding round. The investment is led by Gresham House Ventures and aims to strengthen the company’s mission of improving accessibility in buildings around the world. This funding will expand Mobility Mojo’s team and integrate advanced technologies into their platform.

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About Mobility Mojo

Founded in 2018 by wheelchair users Stephen Cluskey and Noelle Daly, Mobility Mojo is a Software as a Service (SaaS) platform dedicated to auditing and enhancing the accessibility of buildings and facilities. The company offers organizations tools for measuring, improving, and maintaining inclusive spaces in order to standardize how accessibility is benchmarked and promoted.

Founders’ Background

Stephen Cluskey is one of the victims who suffered quadriplegia after a spinal injury when he was 18 years old. He co-founded Mobility Mojo after personal experiences through access challenges. Before Mobility Mojo, he had developed a web and mobile service connecting wheelchair users to accessible transport, so he has been accustomed to his effort in enhancing mobility for people with disabilities for many years.

Co-founder Noelle Daly is a wheelchair user who understands these obstacles well; both have, with their respective personal experiences, given birth to the platform dealing with real accessibility in the world.

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The Funding detail

The funding round, Series A, amounting to €4.25 million, was led by Gresham House Ventures, the growth equity arm of British asset manager Gresham House. The investment marks a crucial juncture for Mobility Mojo as it is set to scale up its operations and strengthen the capabilities of its platform.

Investor’s View

Gresham House Ventures has been growing its social enterprise portfolio, and this investment in Mobility Mojo aligns with the firm’s commitment to supporting companies that drive positive societal impact. The firm understands that Mobility Mojo is playing a very significant role in promoting inclusivity and accessibility in the built environment.

Strategic Objectives Post-Funding

The new funding will enable Mobility Mojo to do the following:

• Expand the Team: Bring in 50 new employees to shore up sales, marketing, and other key areas to help the company grow and expand its reach.
• Integrate AI: Improve the platform by including AI features for more personalized and streamlined access solutions.
• Broaden the Client Base: Include offices, manufacturing sites, retail banks, and stores as additional clients to broaden the client base.

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Mobility Mojo’s Platform and Services

Mobility Mojo is designed to help organisations audit and improve access to their physical workplaces. Such features include global reporting, which tells the accessibility level of an organisation’s entire workplace portfolio, visibility, and effective decision-making MOBILITYMOJO.COM. 

Another feature is the measurability, providing tangible, measurable metrics towards ESG as well as Diversity, Equity and Inclusion reporting- thus enabling organisation to track one’s progress on compliance.

• Decision Support: Enables decisions on the current and future estate to support long-term accessibility planning, creating a seamless network of facilities.
• Uniformity: Helps establish a corporate accessibility standard for every workplace to allow equal access to all employees working internationally.

Mobility Mojo replaces age-old, paper-based processes with an online interface and specific regulations-backed standards, putting it in a position to assist organizations in faster and more economical terms when measuring, improving, and maintaining accessible settings.

Affecting Organizations

Implementing Mobility Mojo’s solutions brings several benefits to organizations:

• Increased Inclusivity: Improved accessibility standards make facilities more welcoming to people with disabilities, thus creating a more inclusive environment.
• Talent Acquisition: With 70% of the disabled population unemployed, enhancing accessibility can tap into a vast pool of talent, addressing workforce shortages and promoting diversity. 
• Financial Performance: Inclusive organizations often experience better financial outcomes, with studies indicating higher annual revenue and increased shareholder returns compared to less inclusive counterparts.

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Future Outlook

With the substantial backing from Gresham House Ventures, Mobility Mojo is well-positioned to accelerate its mission of enhancing global accessibility standards. The company’s focus on leveraging technology to promote inclusivity aligns with broader societal trends towards diversity and equality.

As Mobility Mojo continues to innovate and expand, it aims to make a significant impact on the built environment, ensuring that facilities worldwide are accessible to all individuals, regardless of their physical abilities.