Navenio today announced plans for its next chapter of growth and expansion into the US, following a £9.5 million investment awarded last month.
UK Scaleup Navenio Hires New CEO To Drive US Expansion Following 153% Growth in 2021
- Navenio strengthens its senior team with the appointment of a new CEO to build out its global offering, after securing the first two sites in the US
- Follows December’s £9.5m series A top-up, £1.5m NHSX AI in Health and Care Award, and new partnerships with platforms such as HERE Technologies
Navenio, the UK health & location tech scale-up, today announced plans for its next chapter of growth and expansion into the US, following a £9.5 million investment awarded last month. The company has appointed Connie Moser as CEO, who joins Navenio with more than 30 years of experience in healthcare strategy, sales, and operations, including building large-scale businesses across global markets.
Navenio, which saw a 153% increase in revenue in 2021, has also appointed geospatial expert Andrew Loveless to drive innovation outside of healthcare in his role as VP of Business Development. The appointment comes after Navenio recently partnered with HERE Technologies, to power the Indoor Positioning element of its Indoor Map as a service: a one-stop-shop for indoor mapping solutions.
As part of its growth plans, Navenio’s US-based leadership will lead the charge from the largest health economy in the world, bringing the benefits of indoor location services to everyone, everywhere. Connie Moser, the new CEO of Navenio, added: “I am joining at a pivotal time for Navenio and am delighted to drive our expansion in the US and beyond. I look forward to building strong global partnerships and believe passionately in the vast potential that Navenio can bring by ensuring the ‘right person, right place, right time’ in healthcare settings. Artificial intelligence is one of many technologies making a real-world impact in the healthcare sector, and I’m proud to lead a company spearheading digital transformation.”
Navenio is tackling the rising cost of healthcare with a tool that can increase workplace productivity by up to 100%, freeing up clinical resources for other high-value tasks. The company’s mission is to get teams back to capacity post-pandemic by maximizing patient flow in key departments such as imaging and logistics, a key issue limiting the ability of hospitals to improve both clinician and staff productivity, and patient throughput.
Martin Moran, Chairman at Navenio commented: “I’m delighted to announce our plans for growth and welcome both Connie and Andrew to the Navenio team. The possibility of indoor location technology is vast and we’re excited to be expanding into the US, providing the benefits of our technology to everyone, everywhere.”
Following recent funding from NHSX, as part of an AI in Health and Care Award, Navenio is also currently developing a proven and nationally scalable evidence-based solution to further support improved patient flow across the NHS. The first live sites, as part of the 13 hospital Award programme, have already delivered a positive impact to Trusts, staff and patients, with the full results due to be published later in 2022.
