Fremont, CA: When looking forward, global waste is expected to grow to 3.40 billion tonnes by 2050, more than double population growth over the same period. However, many countries are turning to advanced technologies in order to increase the efficiency of their waste management procedures.
Navusoft, a fast-growing ERP provider for the waste management industry, has closed a growth equity round led by Ambina Partners LLC ("Ambina"). Navusoft will utilize the capital to boost hiring across sales & marketing, customer support & implementation, and research & development.
Navusoft, founded by industry veteran David Navarro, is a complete cloud-based product that has rapidly gained market share by combining CRM, ERP, and mobile capabilities on a single platform. Navusoft has distinguished itself by enabling sales and operational efficiencies for its customers and assisting waste management companies in expanding and transitioning to customer-centric operations.
The Navusoft team is highly experienced and laser-focused on offering great products and services to customers. This is Navusoft's first outside institutional capital investment, and it gives resources to help the company continue its rapid growth.
Ambina's latest growth capital investment is in Navusoft, a vertically focused B2B software provider. "We have been impressed by Navusoft's momentum in the waste management industry and are excited to partner with a leading team in this field," remarked Christine Blehle, a Partner at Ambina.