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Navigil
Smart watches and services providing safety and independence for vulnerable individuals
- Hardware, Healthtech, IoT
- Seed
Location
Espoo, Finland
Revenue size
N/A
Year founded
2010
Funding raised
EUR 50,000
Founders
Matti Räty
Most relevant investors
Hillstead Capital, Taranis
Team size
40
Problem
Vulnerable individuals such as elderly or impaired people often feel stressed, trapped and limited by their inabilities to navigate freely in everyday life - resulting in nothing but frustration to themselves and their network of family, friends or caregivers.
SOLUTION
Navigil has created a series of smart wellness wristwatches, that combines safety, technology and style. The watches and their connected services, such as the Navigil Share and Care app, let the users track their own wellbeing and health data, and possibly share this information with chosen family, friends, caregivers or professional emergency services. With a variety of affordances such as an extensive wellness dashboard, location services with user-defined safe zones, long-term trend analysis and a one-button emergency call, the Navigil Services ensures a longer, active, independent life, with dignity and peace of mind for both the user, and everyone around them.
KEY CUSTOMERS AND INTERNATIONAL PRESENCE
Navigil’s services cater to a range of different user profiles, tailored to e.g. dementia, elderly with long term conditions, impaired people and lone workers. This flexible and inclusive approach to the users’ specific needs combined with the high quality and exclusive style, means that Navigil’s products are currently being used in more than 30 countries, represented by established offices in Finland, Germany, UK, Italy, USA and Japan.
Team
The team behind Navigil consists of a multitude of capacities, experienced in using technology to support the wellbeing of humans. By carefully analyzing the user, their needs and requirements, Navigil is dedicated to consistently improving and perfecting their range of products and services.
Unique selling point
Navigil enables extended, safe and independent living while safeguarding high life quality, peace of mind and savings of costs.
Asia Connection
Founder Matti Räty has extensive international experience from working with transnational companies such as Xerox and Ericsson. Navigil already has an established office in Yokohama, Japan, and is currently looking to explore more opportunities across the East Asian region.
Pitch
