Jan 26, 2025, 12:01 AM
Jan 26, 2025, 12:01 AM

Mobility Mojo secures funding to enhance accessibility for billions

Highlights
  • Mobility Mojo secured €4.25 million from Gresham House Ventures.
  • The funding aims to create 50 jobs and enhance AI capabilities for accessibility.
  • This investment highlights a commitment to improving lives and engaging with blue-chip clients.
Story

In a significant move aimed at enhancing accessibility in the built environment, Mobility Mojo announced that it has secured €4.25 million in funding from Gresham House Ventures. This funding is part of a broader initiative by Gresham House, a British asset management firm, to expand its social enterprise portfolio. The investment will enable Mobility Mojo to create 50 new jobs and bolster its artificial intelligence capabilities, ultimately aiming to improve the lives of as many as a billion individuals. Mobility Mojo has established a strong reputation within the hotel sector, working with notable organizations like Dalata to help them assess and enhance their accessibility standards. The firm has recently begun expanding its client list, providing services to major companies such as Eli Lilly, UBS, and Accenture. The influx of capital from Gresham House will not only support these efforts but also assist in expanding the firm's sales and marketing teams, ensuring they can effectively reach and engage with their growing roster of blue-chip clients. The motivation behind this funding is not just financial but also social, as the firm is dedicated to creating a more inclusive society. Enhancing accessibility in buildings can significantly alter the experiences of individuals with disabilities, ultimately leading to increased independence and participation in society. Mobility Mojo's approach utilizes advanced AI technologies to audit current accessibility standards and recommend improvements that can significantly enhance the usability of various environments. In conclusion, Mobility Mojo is not only looking to solidify its presence in the accessibility market but also to contribute to a larger change in societal standards. The strategic investment and subsequent expansion can have lasting impacts on the accessibility landscape, and the newly created jobs will also help stimulate economic growth in the area. As the firm positions itself for this growth, it remains committed to its mission of making environments more accessible for everyone, demonstrating that profitability and purpose can indeed go hand in hand.

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