How a tech startup recovered from COVID Jiobit rode the ups and downs of the pandemic wave, found new customers and is launching a new product. Jiobit Jiobit, a Chicago startup that makes wireless tracking devices for kids and pets, endured the darkest days of COVID-19 and rebuilt its business. After declining 80 percent when COVID hit last spring, sales rebounded to to pre-pandemic levels by June and in January were 50 percent higher than a year before, says CEO John Renaldi, a former Motorola executive who founded Jiobit in 2015. MORE The company hopes for a boost from an upgraded version ...