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Automotive OBD Dongle Market size is set to grow by USD 87.87 billion from 2024-2028, usage-based insurance (UBI) model to drive utility value of OBD dongles to boost the market growth, Technavio

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NEW YORK, July 25, 2024 /PRNewswire/ — The global automotive OBD dongle market size is estimated to grow by USD 87.87 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 18.52% during the forecast period. Usage-based insurance (UBI) model to drive utility value of OBD dongles is driving market growth, with a trend towards advanced analytics on telematics data to reduce risk severity. However, privacy and hacking concerns with onboard diagnostics poses a challenge. Key market players include AutoPi.io ApS, BAFX Products, BorgWarner Inc., Continental AG, Danlaw Inc., Geotab Inc., Huawei Technologies Co. Ltd., Intel Corp., iWave Systems Technologies Pvt. Ltd., Legion Autodata JSC, Moj.io Inc., OBD Solutions LLC, Prizmos Ltd., Robert Bosch GmbH, ShenZhen CheBoTong Technology Co. Ltd., TomTom NV, Veepeak, Verizon Communications Inc., Zubie Inc., and Zymbia Interactive Technologies Pvt. Ltd..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Vehicle Type (Passenger cars and Commercial vehicles), Type (Bluetooth and WiFi), and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

Region Covered

North America, APAC, Europe, South America, and Middle East and Africa

Key companies profiled

AutoPi.io ApS, BAFX Products, BorgWarner Inc., Continental AG, Danlaw Inc., Geotab Inc., Huawei Technologies Co. Ltd., Intel Corp., iWave Systems Technologies Pvt. Ltd., Legion Autodata JSC, Moj.io Inc., OBD Solutions LLC, Prizmos Ltd., Robert Bosch GmbH, ShenZhen CheBoTong Technology Co. Ltd., TomTom NV, Veepeak, Verizon Communications Inc., Zubie Inc., and Zymbia Interactive Technologies Pvt. Ltd.

 

Key Market Trends Fueling Growth

In the automotive industry, data transparency and personalized solutions are becoming key priorities for both Original Equipment Manufacturers (OEMs) and insurers. With growing concerns around data privacy and security, some customers are hesitant to adopt connected features in their vehicles. To address these concerns, OEMs are partnering with telecom service providers to apply advanced analytics to telematics data. This data enables real-time monitoring of vehicle health, recall issues, and customer behavior, providing opportunities for personalized solutions and improved customer experience. Insurers, too, are leveraging telematics data to identify high- and low-risk clients, offering customized coverage and enhancing their relationship with customers. Cloud-based solutions, including Over-the-Air (OTA) software updates, infotainment, security monitoring, and Usage-Based Insurance (UBI), are driving the growth of the automotive OBD dongle market. 

The Automotive OBD (On-Board Diagnostics) Dongle market is experiencing significant growth due to increasing trends in vehicle safety and emissions standards. OBD systems help monitor engine performance, fuel consumption, and identify diagnostic trouble codes in real-time. Aftermarket suppliers provide both wired and wireless OBD Dongles for usage-based insurance, fleet management solutions, and insurers. Real-time data on driving behavior, efficiency, and connectivity offer data-driven insights for fleet operators and insurers. However, cybersecurity concerns, such as hacking, unauthorized access, and cyber threats, require encryption protocols, authentication mechanisms, firmware updates, and cybersecurity measures. Industry standards, including passenger cars, Bluetooth, WiFi, and the OBD port, are crucial for IoT technology, vehicle tracking, and telematics solutions. Automotive manufacturers utilize OBD systems for preventive maintenance and insurance models. 

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Market Challenges

The automotive onboard diagnostics market holds potential for enhancing Customer Relationship Management (CRM) by providing valuable vehicle data to manufacturers and service centers. However, customer concerns regarding security and privacy breaches pose significant challenges to the market’s growth. Instances of unauthorized vehicle tracking and data collection without consent have raised privacy concerns, leading to a loss of customer confidence. General Motors faced negative publicity when they were ordered to stop collecting car-generated data after customers canceled their OnStar subscriptions. This was due to the collection and sharing of user data with third-party suppliers without consent. Moreover, malware can infiltrate in-vehicle entertainment and information systems, linking them to critical vehicle functions through the Controller Area Network (CAN) bus. Hackers can seize control of a vehicle’s engine and brakes by connecting to the onboard diagnostic port using a laptop or mobile device. Advanced systems require the exchange of personal information between drivers or passengers and automobile manufacturers, which can be vulnerable to hacking. Furthermore, the insertion of multiple web applications and Bluetooth connectivity in automobiles creates additional security vulnerabilities, giving hackers access to users’ personal information, such as passwords and usernames, leading to potential data losses. These security concerns can hinder the growth of the automotive OBD dongle market in the forecast period.The Automotive OBD (On-Board Diagnostics) Dongle market is experiencing significant growth due to the increasing demand for vehicle connectivity and diagnostics. Telematics services, wireless communication technology, and vehicle-to-everything communications are driving this market forward. However, challenges such as vehicle warranty voidance concerns and the need for advanced technologies like artificial intelligence and machine learning are hindering growth. Connected car technologies, including Bluetooth and Wi-Fi dongles, smartphones, tablets, and computers, are enabling remote monitoring and fleet management operations. OEMs and aftermarket channels, including retail outlets, online platforms, independent workshops, and the OEM channel, are offering various cellular data plans and Wi-Fi hotspots to cater to this demand. Vehicle performance data, fault codes, and vehicle health are key areas of focus for automotive IoT technologies. These technologies provide valuable insights into vehicle diagnostics, fuel efficiency, maintenance alerts, and driving experiences. Connectivity technologies like cellular networks and mobile applications are essential for data transmission and web-based applications. Road safety, traffic management, smart mobility, autonomous vehicles, and vehicle electrification are also major trends in the automotive industry, and OBD dongles play a crucial role in enabling these technologies. The market is expected to continue growing as more vehicles become connected and the demand for real-time vehicle data increases.

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Segment Overview 

This automotive obd dongle market report extensively covers market segmentation by

Vehicle Type1.1 Passenger cars1.2 Commercial vehiclesType 2.1 Bluetooth2.2 WiFiGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Passenger cars- The passenger car segment holds the largest share in the global automotive OBD dongle market due to its significant volume and value in the automotive industry. This segment’s growth is closely linked to economic development, as sales of passenger cars correlate with industrial output, economic progress, and population demographics. The demand for passenger cars is expected to continue dominating the market, driven by strong demand from emerging countries and the revival of developed economies. Telematics offerings are becoming standard fitments in most cars, enhancing the passenger cars’ share in the market. The growth of the e-hailing market is also contributing to the wider adoption of OBD dongles through aftermarket offerings. There is a growing need for telematics service providers to track vehicles and driving behavior to determine insurance claims. Consumers demand innovative features and services that seamlessly integrate into their digitized lifestyles. Traditional automotive players are adapting their business models to meet changing demands and increase cost-effectiveness. Prominent OEMs, such as Ford Motor Company and General Motors, have introduced embedded systems in mass-segment vehicles. During the forecast period, the passenger cars segment is expected to grow, driven by improving economic conditions and the launch of new vehicles with advanced features. For instance, Chinese EV manufacturer BYD’s Seal U electric SUV, launched in May 2024, is equipped with all the features of electric driving. The Indian automotive market has experienced slow growth in the last 18 months, but the connected car segment has remained stable due to the introduction of additional features such as vehicle-to-vehicle (V2V) connectivity, navigation, safety alerts, and remote tracking. The growing adoption of luxury vehicles, equipped with automotive OBD dongles as standard fitment, will benefit both the volume and revenue growth of the passenger cars segment in the global automotive OBD dongle market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global Commercial Vehicle Fleet Management System market is experiencing significant growth, driven by advancements in telematics and the increasing demand for efficient fleet operations. Key players are leveraging AI and IoT technologies to enhance fleet productivity and safety. Concurrently, the global E-axle market is expanding due to the rising adoption of electric vehicles (EVs) and stringent emission regulations. Innovations in e-axle design are pivotal in improving EV performance and efficiency. Both markets are poised for robust expansion, reflecting the broader trend towards digitalization and sustainability in the automotive industry.

Research Analysis

The Automotive OBD (On-Board Diagnostics) Dongle market is witnessing significant growth due to the increasing demand for real-time vehicle monitoring and diagnostics. OBD dongles, which plug into the OBD port of passenger cars, enable Bluetooth and WiFi connectivity for engine performance analysis, fuel consumption monitoring, and diagnostic trouble code reading. These devices offer preventive maintenance alerts, trip tracking, and telematics solutions for both personal vehicles and commercial fleets. Automotive manufacturers are integrating OBD dongles into their vehicles to enhance vehicle connectivity and provide vehicle health data for telematics services and insurance models. OBD dongles use various connectivity technologies, including Wi-Fi, data transmission, mobile applications, and web-based applications, to offer real-time vehicle diagnostics, fuel efficiency analysis, and driving experiences.

Market Research Overview

The Automotive OBD (On-Board Diagnostics) Dongle Market is a rapidly growing sector within the automotive industry, focusing on Passenger Cars equipped with an OBD port. These dongles enable Bluetooth, WiFi, and cellular communication, allowing real-time monitoring of engine performance, fuel consumption, diagnostic trouble codes, and vehicle health. Telematics solutions offer trip tracking, fleet management operations, and vehicle-to-everything communications for personal vehicles and commercial fleets. Connected car technologies, including Bluetooth OBD dongles, smartphone, tablet, and computer compatibility, provide access to vehicle performance data, fault codes, and maintenance alerts. Wireless communication technology, such as Wi-Fi dongles and cellular OBD dongles, enable remote monitoring and fleet management through cellular networks. Aftermarket channels, including retail outlets, online platforms, independent workshops, and OEM channels, offer various OBD dongle options. Usage-based insurance and fleet management solutions utilize real-time data for driving behavior analysis, efficiency improvements, and vehicle safety. Emissions and environmental standards are driving the adoption of OBD systems and automotive IoT technologies. Vehicle electrification and autonomous vehicles are expected to further expand the market, as OBD dongles play a crucial role in monitoring and managing the unique requirements of these vehicles. The integration of artificial intelligence and machine learning enhances the diagnostic capabilities and driving experiences, providing data-driven insights for preventive maintenance, insurers, fleet operators, and automotive manufacturers.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Vehicle TypePassenger CarsCommercial VehiclesTypeBluetoothWiFiGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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‘Advenica’ recognized as ‘Emerging Leader’ in MarketsandMarkets’ latest 360Quadrant for the Secure File Transfer (SFT) Market

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DELRAY BEACH, Fla., Sept. 7, 2026 /PRNewswire/ — Advenica, a cybersecurity solutions provider, has been recognized as an ‘Emerging Leader’ in the Secure File Transfer (SFT) market by MarketsandMarkets’ 360Quadrants platform. Advenica has established a strong presence in secure file transfer and controlled data exchange environments through its Secure File Import portfolio.

The rising need to securely exchange files across segmented networks is accelerating the adoption of secure file transfer solutions. Increasing cybersecurity risks, the need to transfer information between networks with different security classifications, and growing requirements to protect sensitive and critical environments are driving organizations to implement controlled file transfer mechanisms. Advanced capabilities such as hardware-enforced unidirectional data flows, physical network separation, malware scanning, and secure file import are further strengthening the demand for high-assurance file transfer solutions and creating growth opportunities for providers like Advenica.

Within the secure file transfer domain, Advenica offers solutions including File Security Screener, SecuriRAM, File Scanner Kiosk, and Data Diode Services. Among these, File Security Screener is emerging as a key solution for secure data transfer and file import in sensitive environments, combining Advenica’s data diode technology with advanced malware scanning to enable the secure movement of files between segregated networks while preserving integrity, confidentiality, and network separation.

Advenica’s growing traction in high-security file transfer demonstrates the increasing importance of secure information exchange within sensitive and critical environments. Advenica’ File Security Screener has witnessed growing adoption among defense and government organizations. In November 2024, Advenica secured a 2 MSEK order (USD 0.18 Million) from a Finnish authority for the deployment of File Security Screener to strengthen secure file import and malware protection capabilities.

In May 2026, the company announced the expansion of its Malmö facilities, nearly doubling its office space to accommodate workforce growth, strengthen innovation capabilities, and support increasing demand from defense, government, infrastructure, and industrial customers. The expanded premises are expected to become operational from January 2027, supporting the company’s long-term growth and capacity expansion strategy.

Research Methodology

360Quadrants provides an in-depth evaluation and comparison of each key market player based on various techno-commercial inputs provided by industry experts, customers, vendors, and other stakeholders, along with secondary research that includes product brochures, analyst notes, company publications, business articles, white papers, trade sources, and various other databases.

A well-defined methodology is adopted to provide detailed ratings for each market player concerning various parameters as outlined below:

Shortlisting of 25+ prominent market players & start-upsRelevant portfolio mapping at the regional levelKey growth initiatives undertaken at the regional levelRevenue analysis at a regional and category levelStrategic collaborations with governments, patient/customer groups, etc.Other industry-relevant parameters

About 360Quadrants

360Quadrants is the largest marketplace looking to disrupt over USD 3.7 trillion of technology spend and is the only rating platform for vendors in the technology space. The platform provides users with unbiased information that helps them make informed business decisions, while also enabling vendors to influence the business decisions of potential clients. Vendors get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and start-ups alike. Experts get to grow their brands and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide.

360Quadrants has also launched quadrants in fields like: Railway Cybersecurity, Endpoint Security, Digital Forensics, Identity Verification.

About MarketsandMarkets™

MarketsandMarkets™, recognized as one of America’s Best Management Consulting Firms by Forbes as per their recent report, is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With a broad lens on emerging technologies, the company is proficient in co-creating exceptional growth for clients worldwide.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust it to accelerate their revenue growth. With a global clientele of over 13,000 organizations, MarketsandMarkets helps businesses thrive in a rapidly evolving and disruptive ecosystem.

The B2B economy is witnessing the emergence of USD 25 trillion in new revenue streams that are replacing existing ones within this decade. MarketsandMarkets collaborates with clients on growth programs, enabling them to monetize this USD 25 trillion opportunity through their service lines, including TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, MarketsandMarkets collaborates with several Forbes Global 2000 B2B companies to keep them future-ready. The company’s insights and strategies are powered by industry experts, cutting-edge AI, and their proprietary Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on TwitterLinkedIn, and Facebook.

Contact:

Ms. Sipti Banga
MarketsandMarkets™ INC.
1615 South Congress Ave., Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: Sipti.Banga@MarketsandMarkets.com

Visit Our Website: https://www.marketsandmarkets.com/ 

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Dyna.Ai and GAPP Partner to Power Saudi Arabia’s Digital Infrastructure and Next-Gen AI Workforce

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RIYADH, Saudi Arabia, Sept. 7, 2026 /PRNewswire/ — Dyna.Ai, a global AI-as-a-Service provider headquartered in Singapore, and Gulf Applications Co. (GAPP), a premier Saudi technology integration leader, announced a partnership during LEAP 2026 in Riyadh. The partnership will bring Dyna.Ai’s agentic AI platform into the enterprise IT environments GAPP supports across the Kingdom, helping organizations drive measurable business results.

Through the partnership, Dyna.Ai and GAPP will explore opportunities to introduce Dyna.Ai’s enterprise agentic platform, including voice and text-based AI agents and AI Employee solutions, to organizations across the Kingdom, based on their specific needs and use cases. Potential applications may include embedding agents into day-to-day operations, from internal workflows to client-facing service delivery, rather than deploying them as standalone tools, while supporting applicable local data-governance requirements.

The announcement comes as Saudi Arabia marks 2026 as the official Year of Artificial Intelligence, an initiative led by the Saudi Data and Artificial Intelligence Authority (SDAIA). The partnership responds to rising demand across public and private sectors for practical AI solutions that align with Vision 2030 digital mandates.

“GAPP brings strong local market knowledge and enterprise technology expertise, creating a solid foundation for this partnership,” said Carlton Liew, Chief Business Officer and Co-Founder of Dyna.Ai. “Together, we will work with organizations to identify where AI agents can add value and how they can be introduced with minimal disruption, creating a practical, lower-risk path to measurable business results.”

Ahmed Al Azmah, Chief Operating Officer of GAPP, added: “Our collaboration with Dyna.Ai creates opportunities to introduce advanced, enterprise-grade AI capabilities to organizations across the Kingdom. By pairing global AI technology with our deep local integration expertise, we aim to help Saudi organizations automate critical workflows, elevate operational standards, and support the Kingdom’s Vision 2030 digital-economy objectives.”

The agreement marks Dyna.Ai’s latest step in expanding its presence across the Middle East’s enterprise technology sector.

About Dyna.Ai

Dyna.Ai is a leading AI-as-a-Service company headquartered in Singapore, delivering enterprise-grade AI solutions that turn advanced AI into measurable business results. The company provides AI-powered products and services that enhance customer experience (CX), improve employee experience (EX), and optimize core business operations, with solutions designed for practical enterprise deployment. With a global presence across Asia, the Middle East, and the Americas, Dyna.Ai powers financial institutions, contact centers, and more enterprises worldwide. For more information, visit www.dyna.ai.  

About GAPP

Established in 2007, Gulf Applications (GAPP) has emerged as a leading provider of innovative ICT and technical solutions in Saudi Arabia. Focused on delivering unmatched value, GAPP offers comprehensive services and integrated solutions across various sectors. From ICT infrastructure and cloud services to Internet of Things (IoT) and network energy, GAPP consistently meets the needs of the global market by partnering with trusted suppliers and adhering to the highest international standards. For more information, visit https://gapp.sa/.

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Naviam Announces Definitive Agreement to Acquire Cohesive from Bentley Systems, Alongside Significant Growth Investment from Norwest

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The acquisition is expected to solidify Naviam’s position as the largest global IBM Maximo business partner. As part of the transaction, Bentley Systems will make a strategic equity investment in Naviam and join its Board of Directors, while Norwest will make a significant growth investment in the combined Naviam and Cohesive business. The partnership will also bring together Bentley Infrastructure Cloud, Naviam Cloud, and IBM Maximo to unlock greater value across the full asset lifecycle.

LONDON, Sept. 7, 2026 /PRNewswire-PRWeb/ — Naviam, the world-leading IBM Maximo partner, today announced it has entered into a definitive agreement to acquire Cohesive from Bentley Systems. As part of the transaction, Bentley will make an equity investment in Naviam, becoming a minority shareholder and taking a seat on its Board of Directors upon the close of the transaction.

“Together, we are the world’s largest independent IBM Maximo services and solutions provider.” — Oliver Garthwaite, CEO, Naviam

Cohesive is a leading provider of IBM Maximo consulting, implementation, hosting, and support. Its professionals serve hundreds of asset owners worldwide, including the UK’s Ministry of Defence and Con Edison, one of the largest investor-owned utilities in the U.S.

Naviam and Bentley share a mutual belief that the integration of Bentley Infrastructure Cloud, Naviam cloud capabilities, and IBM Maximo can unlock substantial value across the infrastructure asset lifecycle, including geospatial data integration. Following the close of the transaction, Naviam will partner with Bentley to sell and implement Bentley platforms and products, not only to Cohesive’s customers but also to Naviam’s hundreds of existing customers.

Oliver Garthwaite, CEO of Naviam, said, “We have long admired Cohesive, and today we are thrilled to announce this agreement to officially welcome their talented team and valued customers into the Naviam family. This combination is a natural evolution of our long-standing relationship, born from a deep, mutual respect for the capabilities and vision of both organizations. Together, we are the world’s largest independent IBM Maximo services and solutions provider, and we want to assure every Cohesive customer that our commitment to their success is unwavering. Our reputation is built on delivering successful outcomes, and we will continue that focus for all our customers.”

David Shaman, Chief Legal Officer of Bentley Systems, added, “I am pleased to join Naviam’s board as Bentley’s representative following the close of this transaction. At the core, this deal is about accelerating a shared vision. The future of infrastructure asset management lies in the deep integration of engineering and operational data with enterprise systems to create and leverage evergreen digital twins. Partnering with Naviam strengthens our ability to bring the full power of Bentley Infrastructure Cloud to asset owner-operators. We are incredibly proud of what the Cohesive team has built, including its continuously improving financial trajectory. Through our new role as a key investor and partner in Naviam, we are excited to help guide this next chapter of innovation and success.”

Concurrent with the acquisition of Cohesive, leading growth equity firm Norwest has entered a definitive agreement to make a significant growth investment in the combined businesses. Norwest will work closely with Naviam’s management team and Bentley to support continued investment in Naviam’s Maximo delivery capacity and product suite.

“Naviam has built the deepest Maximo capability in the market, and the Cohesive acquisition further strengthens the company’s ability to deliver great outcomes for its customers anywhere in the world,” said Norwest Partner Chris Scullin, who led the transaction for Norwest. “We are excited to partner with Naviam CEO Oliver Garthwaite, CFO Henrik Fridlund, and the entire Naviam and Bentley teams as Naviam enters this next phase of global growth.”

Transaction Details

Bentley’s investment in Naviam comes alongside a major growth investment in Naviam by Norwest. Financial terms of Bentley’s investment and the Cohesive transaction were not disclosed. The transaction is expected to close on September 30, 2026, subject to the satisfaction of regulatory approvals and other customary closing conditions.

About Naviam

Naviam is the world’s leading IBM Maximo partner, helping organizations modernize and maximize the value of their assets through cloud-based platforms, mobile solutions, and advanced product innovation built specifically for IBM Maximo—the world’s leading enterprise asset management (EAM) software. Backed by more than 35 years of innovation, we design, build, and support enterprise-scale Maximo environments while developing the industry’s largest suite of Maximo-dedicated products that extend, enhance, and future-proof the platform. For more information, please visit www.naviam.io.

About Bentley Systems

Around the world, infrastructure professionals rely on software from Bentley Systems to help them design, build, and operate better and more resilient infrastructure for transportation, water, energy, cities, and more. Founded in 1984 by engineers for engineers, Bentley is the partner of choice for engineering firms and owner-operators worldwide, with software that spans engineering disciplines, industry sectors, and all phases of the infrastructure lifecycle. Through our digital twin solutions, we help infrastructure professionals unlock the value of their data to transform project delivery and asset performance. For more information, please visit www.bentley.com.

About Norwest

Norwest is a global growth equity and venture investment firm managing more than $15.5 billion in capital. Since its inception, Norwest has invested in more than 700 companies and currently partners with more than 250 companies in its growth equity and venture portfolio. The firm invests in early- to late-stage businesses across key sectors with a focus on technology & B2B services, healthcare, and consumer sectors. The Norwest team offers a deep network of connections, extensive operating experience, and a wide range of impactful services to help CEOs and founders scale their businesses. Norwest has offices in Menlo Park and San Francisco, Calif.; Mumbai, India; and Tel Aviv, Israel. For more information, please visit www.norwest.com..

© 2026 Naviam. Bentley Systems, Cohesive, and Bentley Infrastructure Cloud are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries. All other brands and product names are trademarks of their respective owners.

Media Contact

Joe Kelley, Naviam, 1 (513) 578-6040, joe.kelley@naviam.io, https://www.naviam.io/

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