XOi Technologies Announces $11M Series C Financing
Summary
Over 3,000,000 job-related pieces of content have been captured by Vision to date, a figure that will continue growing exponentially as thousands more technicians roll onto the platform due to the addition of two Fortune 500 OEMs in the mechanical industry and XOi’s expansion into Canada. XOi’s cloud-based mobile application leverages computer vision and machine learning to streamline the capture, archival, and intelligent retrieval of this content for techs in the field and for the customers they are servicing. “We started XOi Technologies after living through major communication and workforce optimization issues in our prior manufacturing and construction businesses,” said CEO Aaron Salow. Field service companies are asking, ‘How do we survive, much less grow, in a skilled trades shortage?’ That question is what drives us every day.” “Getting to this inflection point in the business would not have been possible without the endless hard work from our team, assistance from our investors, and amazing and unwavering support from our partners and customers. Vocap Investment Partners provides venture capital and operational expertise to rapidly growing technology companies in high potential verticals, including: Enterprise Software, Media and Entertainment, Consumer Internet and Healthcare IT.
Funding
Classifications
AskAI Classifications
LabelsLinked Companies
