Industry: Software Application

Sector: Technology

Life360, Inc. engages in the manufacture and sale of subscription and hardware tracking devices in North America, Europe, the Middle East, Africa, and internationally. The company provides Life360 mobile application under the freemium model, which offers its services to users at no charge; and provides Life360 Platform which offers location coordination and safety, driving safety, digital safety, and emergency assistance services. It also provides tile mobile application that includes a free service, as well as two paid subscription options, such as Premium and Premium Protect to offer additional services, including warranties and item reimbursement; and Jiobit wearable location devices for young children, pets, and seniors primarily in the United States through online retailers, brick, and mortar retail channels. The company was formerly known as LReady, Inc. and changed its name to Life360, Inc. in October 2011. Life360, Inc. was incorporated in 2007 and is headquartered in San Mateo, California.

Life360, Inc. is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.