# Connexient

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/connexient

- Industry: Software
- Headquarters: New York, US
- Website: www.connexient.com
- Total disclosed funding: $0.6M
- Latest round: Angel (Jul 15, 2015)
- Investors on record: 1

## About

Connexient LLC provides innovative indoor navigation solutions, enhancing wayfinding and location-based services, particularly in complex environments such as hospitals and airports.Founded in 2012 and headquartered in New York, US, Connexient specializes in advanced indoor navigation solutions. The company was founded by Joe Motta and Mark Green. Connexient has completed 5 deals, with the latest funding round being an Angel round raising USD 1.00 mn, matching its total amount raised. In March 2020, Connexient was acquired by Everbridge, Inc., a portfolio company of ABS Ventures.Connexient specializes in providing advanced wayfinding and location-based services through its innovative Indoor Navigation Platform. This platform enhances user experiences in intricate indoor environments such as hospitals, airports, and large commercial spaces. It integrates with existing mobile applications, allowing users to access real-time navigation assistance and location information. Connexient serves a diverse clientele, primarily in North America and select international markets, including healthcare organizations and commercial real estate developers.Connexient generates revenue through a subscription-based model, offering clients ongoing access to its Indoor Navigation Platform and services via annual contracts. Customized pricing plans are available depending on the scale of the deployment and specific client needs. The company’s revenue structure heavily relies on B2B partnerships, particularly with healthcare facilities and large corporations, ensuring a steady stream of income through long-term agreements.Following the acquisition by Everbridge in March 2020, Connexient is expected to focus on expanding its product offerings and target markets. The company may introduce new features to its Indoor Navigation Platform and aims to penetrate new geographic regions, enhancing its presence in both North American and international markets. This growth strategy is likely to be supported by the recent funding raised during the Angel round.

## Funding rounds

- Angel, Jul 15, 2015, $0.6M — TIA Ventures

## Investors

- TIA Ventures (https://capitalatlas.ai/funds/tia-ventures) — Angel