SOURCE: Gozio Health

Gozio Health

March 11, 2015 07:57 ET

Gozio Health Receives Angel Funding

ATLANTA, GA--(Marketwired - Mar 11, 2015) - Gozio Health, which provides an indoor navigation platform for hospitals and health systems, announced today that it has received seed funding totaling $950,000 from three investors. Gozio Health represents the next generation of smartphone functionality, putting location-based information at the user's fingertips.

The funds will be used to continue building out the innovation roadmap, implement customer-requested features and expand the company's revenue generation team, including sales operations and deployment support.

"It is not often that technology is able to directly solve real-world problems faced by millions and it takes people with vision and acumen to recognize the potential of such a solution," said Joshua Titus, Gozio Health CEO. "I am delighted that we have investors with these qualities, and who understand the need for Gozio Health and the benefits it offers to patients as well as hospitals and their teams."

Gozio Health was funded by a large family office, a notable Palo Alto investor and well known Atlanta investor, Rutherford Seydel. "Gozio's wayfinding innovation is at the intersection of healthcare consumerism, emerging payment models as well as regulatory incentives, and that's a great place to be since that's also where the future of healthcare will be," said Rutherford Seydel.

Indoor navigation, or wayfinding, is extremely difficult as the physical structure of modern buildings distorts and blocks GPS signals. Using a patent-pending sensor fusion technology, Gozio combines data from a smartphone's electromagnetic, motion and orientation sensors to provide unrivaled accuracy without expensive building infrastructure upgrades.

Patients appreciate Gozio's step-by-step directions to a specific destination or to hospital amenities such as the pharmacy and cafeteria. Users benefit from access to a physician directory, appointment notifications, navigating traffic and even a reminder of where they parked. An immediate follow-up survey about the quality of the visit helps elicit feedback, addressing regulatory requirements focused on patient satisfaction as well as quality.

About Gozio Health
Gozio Health has created a smartphone-based, indoor positioning and wayfinding platform that dramatically improves hospital visits for both the visitor and the hospital. The innovative mobile technology provides visitors with GPS-like guidance inside a hospital. Gozio's pioneering mobile technology helps hospitals create persistent relationships extending beyond the hospital's four walls, while enhancing patient engagement and satisfaction. Hospitals benefit by improving patient quality scores, reducing missed and late appointments, and more easily achieving Meaningful Use Stage 2 goals.

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