Navv Systems, Inc. has secured a $3.2 million seed round of venture capital to scale Care Traffic Control solution for hospitals and health systems. The seed round was led by Arboretum Ventures.
Tim Petersen, Managing Parter of Arboretum Ventures will join Navv’s board of directors.
“We were very impressed with the complexity of the Navv technology and the early customer acquisition that Dan and this team have achieved. Navv is another prime example of clinician-led innovation coming for a world-class organization like Henry Ford to address an important and urgent health problem”.
Tim Petersen, Managing Parter of Arboretum Ventures quoted in Agulf
Narrow Gauge Ventures and Detroit Venture Partners joined Arboretum in Navv Systems’ seed round.
Navv Systems, Inc. was launched through Henry Ford Innovations. Navv’s Care Traffic Control platform is live at all six of Henry Ford’s hospitals and nationwide.
“We are really excited about by the increased functionality that the NavvTrack® provides for hospital operations. It has improved efficiencies and made better use of hospital resources like patient transport and housekeeping services, equipment utilization and visitor wayfinding across all five of our acute-care hospitals”
Dr. Richard Davis, Senior Vice President for Henry Ford Health System and CEO of the Henry Ford South Market and Henry Ford Hospital for Crain’s Detroit Business
About Navv Systems, Inc.
Navv Systems, Inc. is a care traffic control platform that improves outcomes and saves time for hospitals and healthcare systems nationwide. NavvTrack® is a dynamic mapping foundation that can be used for equipment tracking, workflow orchestration, and patient and visitor wayfinding.
We are really excited to be working with Arboretum, they led our round. We are also working with Detroit Venture Partners and another Michigan Fund called Narrow Gauge Ventures. That funding we have been able to secure is going to help us rapidly scale
Dr. Daniel Siegal on WJR Business Beat with Jeff Solan
- Read the full story on
- Algulf “Henry Ford Branch Receives $ 3.2 Million Venture Capital Support” 6 June 2021
- Crain’s Detroit Business (requires subscription) “Henry Ford Spin-out Firm Nabs $3.2 Million in VC Backing” 6 June 2021
- Listen to the story on Startup Nation Business Beat “WJR Business Beat with Jeff Sloan: Navv Systems Gets $3.2 Million in Venture Funding” 21 June 2021
- About NavvTrack’s Care Traffic Control