Technology
EEG and EMG Devices Market to Grow by USD 793.5 Million (2024-2028) as Rising Neurological Conditions Drive Demand, AI Impact on Market Trends – Technavio Report
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2 years agoon
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NEW YORK, Sept. 20, 2024 /PRNewswire/ — Report with the AI impact on market trends- The global EEG and EMG devices market size is estimated to grow by USD 793.5 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 7.84% during the forecast period. Increasing prevalence of neurological conditions is driving market growth, with a trend towards increasing popularity of hybrid brain-computer interface techniques. However, high costs associated with EEG and EMG procedures poses a challenge. Key market players include Advanced Brain Monitoring Inc., Allengers Medical Systems Ltd., Ambu AS, Bio Signal Group Corp., BioSerenity, Brain Scientific Inc., BrainScope Co. Inc., Cadwell Industries Inc., Ceribell Inc., Compumedics Ltd., Contec Medical Systems Co. Ltd., DEYMED Diagnostic sro, General Electric Co., iMediSync Inc., Koninklijke Philips N.V., Masimo Corp., mBrainTrain LLC, Medtronic Plc, Micromed SpA, Natus Medical Inc., NeuroWave Systems Inc., Nihon Kohden Corp., Noraxon USA Inc., and Zeto Inc..
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Eeg And Emg Devices Market Scope
Report Coverage
Details
Base year
2023
Historic period
2018 – 2022
Forecast period
2024-2028
Growth momentum & CAGR
Accelerate at a CAGR of 7.84%
Market growth 2024-2028
USD 793.5 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
7.12
Regional analysis
North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution
North America at 39%
Key countries
US, Germany, Japan, France, and UK
Key companies profiled
Advanced Brain Monitoring Inc., Allengers Medical Systems Ltd., Ambu AS, Bio Signal Group Corp., BioSerenity, Brain Scientific Inc., BrainScope Co. Inc., Cadwell Industries Inc., Ceribell Inc., Compumedics Ltd., Contec Medical Systems Co. Ltd., DEYMED Diagnostic sro, General Electric Co., iMediSync Inc., Koninklijke Philips N.V., Masimo Corp., mBrainTrain LLC, Medtronic Plc, Micromed SpA, Natus Medical Inc., NeuroWave Systems Inc., Nihon Kohden Corp., Noraxon USA Inc., and Zeto Inc.
Market Driver
The hybrid brain-computer interface (hBCI) market is witnessing significant growth due to the increasing demand for equipment combining multiple modalities in brain imaging and prosthesis control. Hybrid systems, such as EEG-EMG, EEG-EOG, and EEG-fNIRS, offer numerous benefits over single brain acquisition modalities. For instance, the combination of EEG and EMG increases the number of brain commands for control applications, enhances classification accuracy, and reduces signal detection time. EEG, known for its ease of use and fast temporal resolution, is frequently used with other brain/non-brain signal acquisition modalities. Applications of EEG-EOG-based brain-computer interfaces include drowsiness detection, wheelchair control, and ocular artifact removal from EEG data. EOG increases the number of commands and removes artifacts for improved accuracy, while EEG removes motion artifacts and enhances classification accuracy. EEG-EMG combinations have been used for tetraplegic patients, artificial arm control for above-knee amputees, and determining muscle fatigue levels. EEG-fNIRS interfaces enable paralyzed patients to communicate and control external devices using their brain functions. EEG-fNIRS enhances classification accuracy and increases the number of control commands for brain-computer interface systems. EEG-NIRS is also gaining prominence as it can simultaneously decode electrical and hemodynamic brain activities. EEG-MEG modalities provide dynamic information, which can determine the precise definition of cognitive processes’ timing and location. For example, EEG-MEG hybrids can be used for non-invasive dynamic imaging of the epileptic brain to improve seizure understanding. The various advantages of hBCI over single modality brain-computer interfaces are driving their popularity in the global EEG and EMG devices market, fueling its growth during the forecast period.
The EEG and EMG devices market is witnessing significant growth due to the increasing demand for brainwave monitoring devices. Minimally invasive techniques using software for analyzing brain function, cognition, and sensory processing are trending. However, disturbances from surroundings can affect the accuracy of readings. Surface electrodes are commonly used in EEG and sEMG, which measure brain waves and human muscle biopotentials respectively. Neurological disorders like migraines, Alzheimer’s disease, multiple sclerosis, Parkinson’s disease, epilepsy, and sleeping disorders are driving the market. Flexible headbands, such as the Dreem headband, offer comfort for long-term use. Neurophysiology equipment includes EEG and EMG devices with electrodes, amplifiers, filters, and computer interfaces for analyzing brain wave patterns. Cloud devices enable remote monitoring and access to data. Conditions like seizures, head injuries, dizziness, headaches, and brain tumors are also being addressed by these devices.
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Market Challenges
The global EEG and EMG devices market faces significant challenges due to the high costs associated with these neurodiagnostic tools and related procedures. In healthcare, a substantial portion of the budget goes towards manufacturing costs, including plant, machinery, and raw materials. These expenses can hinder the growth of the healthcare equipment market, including the EEG and EMG market. EEG and EMG devices are primarily utilized for neurodiagnostic purposes, yet their high costs can burden end-users and patients. For example, the cost of an EEG headset ranges from USD100 to USD25,000, depending on the number of channels. An EEG headset with 5-14 channels costs between USD100 and USD1,000, while one with 64 channels can cost up to USD25,000. Additional expenses for end-users include preventative maintenance, parts, labor, and technician salaries. Furthermore, the high cost of EEG and EMG procedures can limit their use in developing countries. A standard EEG procedure costs between USD200 and USD700 for patients without insurance, while extended EEGs can cost USD1,000–USD3,000 or more. EMG procedures cost USD150–USD500 per extremity, with additional costs for hospital stays, facilities, and physician and staff fees. The cost of these procedures varies depending on the hospital setting and healthcare infrastructure. These high costs can hinder the adoption of EEG and EMG devices and procedures, particularly in developing countries. As a result, the global EEG and EMG devices market may experience limited growth during the forecast period.The Electroencephalography (EEG) and Electromyography (EMG) devices market faces several challenges in diagnosing neurological disorders. Skeletal muscles and their electrical activity, as measured by EMG, can interfere with EEG signals from the brain. Cables and signal amplifiers must be carefully managed to minimize interference. Neurological disorders in pediatric and geriatric populations require minimally invasive procedures, making portable EEG machines essential. The coronavirus disease has increased demand for remote diagnostic procedures. EEG and EMG devices must accurately capture electrical impulses from the brain and muscles, even during sleep disorders or muscle disorders like dystrophy, polymyositis, or myasthenia gravis. Real-time review and daily reporting are crucial for effective diagnosis and preventive care. However, challenges include sampling errors, poor spatial resolution, and interference from electrical impulses in muscles. Automatic data backfill and complete data sets are necessary for accurate diagnosis. Brain infections and strokes, as well as motor neuron disorders like amyotrophic lateral sclerosis, require precise diagnosis using EEG and EMG. Wearable devices and computer software are essential for capturing EEG data and providing real-time review, but they must be reliable and accurate. Photic flash and other diagnostic procedures require careful calibration and interpretation. DBMD and other diagnostic tools must be user-friendly and adaptable to various patient populations and conditions.
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Segment Overview
This eeg and emg devices market report extensively covers market segmentation by
Product 1.1 EEG devices1.2 EMG devicesModality 2.1 Standalone2.2 PortableGeography 3.1 North America3.2 Europe3.3 Asia3.4 Rest of World (ROW)
1.1 EEG devices- The EEG and EMG devices market refers to the industry that produces and sells Electroencephalography (EEG) and Electromyography (EMG) equipment. These devices measure and record electrical activity in the brain (EEG) and muscles (EMG). They are used in various applications, including clinical diagnosis, research, and neurofeedback therapy. The market is driven by factors such as increasing prevalence of neurological disorders, technological advancements, and growing demand for non-invasive diagnostic tools. Companies in this market include Natus Medical, Neurotechnology, and Compumedics Limited.
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Research Analysis
Electroencephalogram (EEG) equipment is utilized for recording the electrical activity of the brain through electrodes placed on the scalp. Amplifiers and filters are essential components that process and enhance the electrical signals. Brain wave patterns, such as alpha, beta, theta, and delta, are identified and analyzed for various diagnostic procedures, including seizures, strokes, encephalopathy, and sleep disorders. A computer or cloud device processes the data in real-time, providing complete data sets with automatic backfill and daily reporting. EEG data capture involves measuring electrical impulses from the brain, while Electromyography (EMG) records muscle activity and electrical signals from motor neurons. Minimally invasive EEG and EMG devices offer enhanced patient comfort and accuracy. Brainwave monitoring devices provide valuable insights into the functioning of the brain and muscles, contributing significantly to healthcare and research.
Market Research Overview
Electroencephalogram (EEG) equipment is used to record electrical activity directly from the brain. The system includes electrodes, amplifiers, filters, and a computer or cloud device for data analysis. EEG is valuable in diagnosing conditions such as seizures, epilepsy, head injuries, dizziness, and headaches, as well as brain tumors and sleeping disorders. Electromyography (EMG) equipment, another neurodiagnostic tool, measures electrical activity from skeletal muscles, aiding in the diagnosis of neurological disorders like strokes, brain damage, encephalopathy, and various muscle disorders such as dystrophy, polymyositis, and myasthenia gravis. Both EEG and EMG involve electrical impulses and signal amplification, with devices ranging from minimally invasive to portable and wearable. Conditions like narcolepsy, brain infection, and coronavirus disease can also be assessed using these technologies. Preventive care and real-time review are essential features of modern EEG and EMG systems, ensuring complete data sets for accurate diagnosis and daily reporting.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
ProductEEG DevicesEMG DevicesModalityStandalonePortableGeographyNorth AmericaEuropeAsiaRest Of World (ROW)
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
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Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio
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BTQ Technologies’ QSSN Selected as Core Security Infrastructure for South Korea’s First Bank-Led KRW Stablecoin Proof-of-Concept
Published
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May 6, 2026By
BTQ provides strategic advisory support and QSSN as core PQC security infrastructure for the iM Bank initiative on the Kaia mainnet, advancing post-quantum migration across global financial infrastructure
BTQ has been selected as the core post-quantum cryptography security technology provider for South Korea’s first bank-led KRW stablecoin proof-of-concept, delivering its Quantum Secure Stablecoin Settlement Network (“QSSN”) for the initiative.
BTQ is providing strategic advisory support and helping coordinate implementation across the partnership with iM Bank and Finger, supporting the integration of post-quantum protections into regulated digital money infrastructure.
Built on the Kaia mainnet, the proof-of-concept is connected to the blockchain ecosystems originally developed by Kakao and LINE, linking the initiative to two of the largest messaging and digital platform ecosystems in Korea and Japan.
VANCOUVER, BC, May 6, 2026 /PRNewswire/ – BTQ Technologies Corp. (“BTQ” or the “Company”) (Nasdaq: BTQ) (CBOE CA: BTQ), a global quantum technology company focused on securing mission-critical networks, today announced that it it has been selected as the core PQC security technology provider through its Quantum Secure Stablecoin Settlement Network (“QSSN”) in a proof-of-concept with its Korean strategic partner, Finger Inc. (“Finger”), and iM Bank, a leading Korean commercial bank, for South Korea’s first bank-led Korean won stablecoin infrastructure incorporating post-quantum cryptography (“PQC”).
The proof-of-concept represents more than a technical pilot. It marks an important step in bringing next-generation quantum security into banking infrastructure within Korea’s regulated financial system. In addition to providing QSSN as the core PQC security framework, BTQ is contributing consulting and strategic coordination across the three-way partnership, helping align the project’s security architecture, implementation approach, and long-term post-quantum migration objectives.
“Post-quantum migration requires more than a cryptographic upgrade. It requires coordination across infrastructure, implementation, and institutional stakeholders,” said Olivier Roussy Newton, Chief Executive Officer of BTQ Technologies. “In this initiative, BTQ is providing both strategic advisory support and QSSN as the post-quantum security architecture, while helping lead coordination across the three-way partnership. We believe this proof-of-concept demonstrates how financial institutions can begin integrating quantum-resilient protections into digital money systems in a practical and operationally viable way.”
South Korea’s First Bank-Led PQC Stablecoin Infrastructure Initiative
BTQ is working alongside iM Bank and Finger on a three-way initiative to validate the issuance and distribution infrastructure for a Korean won stablecoin. In addition to supplying QSSN as the PQC security layer, BTQ is providing consulting support and helping to guide coordination across the partnership as the parties evaluate how to integrate post-quantum protections into bank-led digital asset infrastructure.
The proof-of-concept will validate several key components, including real-time reconciliation between bank reserves and blockchain-issued supply, a global-standard smart contract architecture, connectivity to global infrastructure for overseas distribution, and the integration of a PQC-based dual-signature security structure. By applying BTQ’s PQC signature architecture alongside the existing ECDSA cryptographic framework, the system is designed to preserve operational continuity for financial institutions while proactively addressing future quantum computing threats.
Built on Kaia Mainnet
A notable feature of the proof-of-concept is that it will be implemented on the Kaia mainnet, one of Korea’s leading Layer 1 blockchain networks. Kaia was created through the merger of Klaytn, the blockchain originally developed by Kakao, and Finschia, the blockchain associated with LINE. Kakao and LINE sit at the center of two of the largest messaging and digital platform ecosystems in Korea and Japan, respectively, making Kaia a significant piece of regional digital infrastructure.
Klaytn previously participated in the Bank of Korea’s CBDC pilot ecosystem, and the Bank of Korea has continued to advance CBDC testing through initiatives such as Project Hangang.
By combining BTQ’s PQC technology with blockchain infrastructure tied to the Kakao and LINE ecosystems, the proof-of-concept is intended to establish a model that aligns institutional-grade security, blockchain scalability, and evolving regulatory requirements for digital money infrastructure.
QSSN as the Security Layer
The PQC security foundation for the initiative is BTQ’s Quantum Secure Stablecoin Settlement Network, or QSSN, a quantum-secure network architecture designed for stablecoin, tokenized deposit, payment, and digital asset infrastructure. QSSN is designed to protect critical issuer functions, including stablecoin issuance, burning, transfer authority, upgrade control, and administrative permissions, by integrating PQC-based signatures while maintaining existing user experience and operational workflows.
BTQ has previously announced that QSSN was highlighted in the U.S. Post-Quantum Financial Infrastructure Framework (“PQFIF”) as a model architecture for post-quantum digital money infrastructure. The Company has also positioned QSSN as a standards-oriented initiative advanced through QuINSA and aligned with emerging post-quantum financial infrastructure requirements.
Addressing the Harvest-Now, Decrypt-Later Risk
The timing of the proof-of-concept reflects the growing urgency surrounding the “Harvest-Now, Decrypt-Later” risk, in which attackers may collect encrypted financial data today and decrypt it later once sufficiently advanced quantum capabilities emerge. Global institutions are already accelerating post-quantum migration. The U.S. National Institute of Standards and Technology (“NIST”) has finalized its first set of post-quantum cryptography standards, including ML-DSA, ML-KEM, and SLH-DSA, while major technology companies and financial institutions continue to define their own post-quantum transition timelines.
BTQ’s QSSN addresses this challenge through a dual-signature design that allows existing ECDSA-based infrastructure to operate in parallel with NIST-aligned PQC signatures such as ML-DSA. This approach enables banks and payment infrastructure providers to begin a phased transition toward quantum-safe security without disrupting existing systems.
Expanding BTQ’s Korean Ecosystem
BTQ continues to expand its Korean ecosystem across digital assets, payments, banking infrastructure, and hardware-based security. In October 2025, BTQ announced that Finger had joined Danal as an early participant in BTQ’s QSSN pilot program, with the initiative expected to progress from proof-of-concept toward commercialization under QuINSA-aligned guidelines and broader industry frameworks such as PQFIF.
The commencement of the iM Bank proof-of-concept represents an important commercial signal for BTQ, indicating that demand for post-quantum migration among Korean financial institutions is beginning to move from policy discussion toward infrastructure-level implementation. As Korea advances both quantum technology policy and stablecoin-related regulatory discussions, BTQ believes QSSN is well positioned at the intersection of regulated finance, digital asset infrastructure, and post-quantum security.
About iM Bank
iM Bank is a South Korean commercial bank and a subsidiary of DGB Financial Group. Headquartered in Daegu, iM Bank presents itself as a financial companion for customers and traces its roots to Daegu Bank, which was established in 1967 as Korea’s first regional bank. For more information, please visit https://www.imbank.co.kr/
About Finger Inc. Group
Finger supplies and develops financial IT solutions to provide optimized money management strategies for employees and corporate customers. Providing “Smartphone Financial Services”, “Corporate Cash Management Services” for businesses, “Private Wealth Management Services” for private consumers.
Since the year 2000, Finger has accumulated a number of awards and patents regarding its businesses. Based on its Mobile Enterprise Application Platform(MEAP) Orchestra and its funds management system using screen-scrapping technologies, Finger was the first company in Korea to deliver a smartphone banking banking-service. For more information, please visit http://www.finger.co.kr/
About BTQ
BTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ) is a quantum technology company focused on accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio and deep technical expertise, BTQ is advancing a full-stack, neutral-atom quantum computing platform spanning hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.
Connect with BTQ: Website | LinkedIn | X/Twitter
ON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, Chairman
Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as “anticipate”, “intend”, “expect”, “plan” or “may” and the variations of these words are intended to identify forward-looking statements and information.
The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.
Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company’s research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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SOURCE BTQ Technologies Corp.
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Zimmer Biomet to Present at the BofA Securities 2026 Health Care Conference
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WARSAW, Ind., May 6, 2026 /PRNewswire/ — Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced that members of the Zimmer Biomet management team will participate in the Bank of America Securities Health Care Conference on Wednesday, May 13, 2026, with a fireside chat at 8:40 a.m. PT (11:40 a.m. ET).
A live audio webcast can be accessed via Zimmer Biomet’s Investor Relations website at https://investor.zimmerbiomet.com. It will be available for replay following the fireside chat.
About Zimmer Biomet
Zimmer Biomet is a global medical technology leader with a comprehensive portfolio designed to maximize mobility and improve health. We seamlessly transform the patient experience through our innovative products and suite of integrated digital and robotic technologies that leverage data, data analytics and artificial intelligence.
With 90+ years of trusted leadership and proven expertise, Zimmer Biomet is positioned to deliver the highest quality solutions to patients and providers. Our legacy continues to come to life today through our progressive culture of evolution and innovation.
For more information about our product portfolio, our operations in 25+ countries and sales in 100+ countries or about joining our team, visit www.zimmerbiomet.com or follow on LinkedIn at www.linkedin.com/company/zimmerbiomet or X at www.x.com/zimmerbiomet.
Contacts:
Media
Investors
Troy Kirkpatrick
David DeMartino
614-284-1926
646-531-6115
troy.kirkpatrick@zimmerbiomet.com
david.demartino@zimmerbiomet.com
Kirsten Fallon
Zach Weiner
781-779-5561
908-591-6955
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SOURCE Zimmer Biomet Holdings, Inc.
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NextLadder Ventures Announces Co-Founder Leadership Team, Investment Focus Areas For Over $1 Billion Initiative Empowering Americans with Personalized, Tech-Enabled Support Tools
Published
14 hours agoon
May 6, 2026By
New senior hires from Google and The Collaborative Fund to lead product strategy and venture investing
Fund unveils first investment focus areas to catalyze new ‘Navigation Technology’ market, equipping Americans with cutting-edge tools to achieve economic security, opportunity and empowerment
ST. LOUIS, May 6, 2026 /PRNewswire/ — NextLadder Ventures, a new fund backed by more than $1 billion in capital, today announced its priority investment areas for building a new market for “Navigation Technology” (NavTech) — tools that provide Americans with personalized solutions to navigate life’s challenges and achieve greater economic mobility — and announced its co-founding team, including two new senior hires.
The fund’s active focus areas are based on extensive research identifying the key experiences and high-stakes decision points that have an outsized impact on American families’ economic mobility. Launched investment areas include financial health, career navigation, and benefits and social services access, with further exploration underway around housing, legal aid, justice and re-entry, and mental and physical health.
The organization is also today welcoming two senior leaders: Lauren Loktev is joining NextLadder as Managing Director of Investments and Brigitte Hoyer Gosselink as Managing Director of Product. Loktev was most recently a partner at the Collaborative Fund, where she backed several breakout companies in early child development, education, and sustainability. Gosselink comes to NextLadder from Google, where she led the company’s AI and social impact portfolio. They join a growing team which has deep expertise at the intersection of economic mobility, technology, public policy, and philanthropy.
NextLadder’s Focus Areas for Investment
Today, the fund is kicking off a plan to deploy $1 billion over the next seven years to accelerate the design, development, and deployment of accessible NavTech tools that aim to help families more successfully navigate the major life experiences that determine whether they get ahead or fall behind. As NextLadder’s inaugural frontier AI lab partner, Anthropic is supporting the build-out of the organization’s AI-native capabilities and is offering technical assistance to NextLadder’s portfolio organizations.
As an increasing proportion of Americans across income levels find themselves overextended and overwhelmed, NavTech tools are designed to help individuals and families understand their options, connect to information and resources, and take action to recover from a setback or take advantage of an opportunity and reclaim their economic futures.
“Life is getting harder, and too many Americans are stuck facing some of the most complex and consequential moments of their lives without much support,” said Ryan Rippel, CEO of NextLadder Ventures. “Every day, millions in this country face fork-in-the-road decisions that have major implications on whether they climb up the economic ladder or fall farther behind. AI has understandably intensified many Americans’ anxieties about their jobs and their security in the economy. But these technologies are now also making it possible to deliver highly personalized, affordable tools to meet the needs of tens of millions of Americans in a way that has never been practically achievable or financially viable before. With NavTech tools, built for the reality of families’ everyday experiences, we can empower Americans to overcome setbacks, navigate life’s toughest financial decisions, and build more secure futures.”
NavTech tools, built with the needs of individuals, families, and trusted community partners at the center of their design, have the potential to ease burdens most acutely faced by 90 million Americans who live in households that have difficulty in paying for usual home expenses, and turbocharge the capacity of the 1.6 million community workers in non-profit or local, state, and federal government roles who serve them. This growing category of digital technologies includes tools that help families access opportunities such as personalized financial advice and legal aid, get connected with available resources and programs, and manage unexpected hurdles like losing a job or facing an eviction – while freeing social workers and service providers to spend more time on people and less time on red tape and paperwork.
The fund’s active investment areas include:
Financial Health: Developing highly personalized, AI-powered financial health tools that can provide tailored, sustained counsel to help users build savings and protect and recover from financial shocks;
Career Navigation: Building tools to support career navigation, manage and support career transitions, and help workers, case managers, and employers identify pathways to living wage work — all designed to help people successfully find the right jobs for them.
Benefits & Social Services Access: Helping eligible Americans seamlessly identify and enroll in all the benefits and social services available to them, particularly those that support career navigation and transitions, help them navigate critical life moments, and achieve stability toward economic opportunity.
NextLadder is exploring additional focus areas, including housing, legal aid, justice and re-entry, caregiving, and mental and physical health. More on the organization’s vision of these focus areas is available HERE.
In addition to backing direct NavTech solutions, NextLadder is investing in the developers, partners, and standards required to build a durable, self-sustaining market. Across all focus areas, the fund is prioritizing efforts to ensure NavTech tools are reliable, protect users’ privacy, and are trusted by the families who depend on them.
NextLadder’s Co-Founder Leadership Team
NextLadder’s five co-founders will be CEO Ryan Rippel, Chief Strategy and Operations Officer Rhett Dornbach-Bender, Chief of Staff Callie Schwartz, and the two new senior hires: Managing Director of Investments Lauren Loktev and Managing Director of Product Brigitte Hoyer Gosselink, rounding out the fund’s expertise in investing, technology, and impact.
“We’re thrilled to welcome Lauren and Brigitte to the NextLadder team,” said Rippel. “Brigitte has spent her career proving that when applied purposefully, AI and technology can deliver meaningful benefits for communities, and she’ll set the bar for what NavTech tools can deliver for American families today and in the years to come. And with her deep experience backing mission-driven founders, Lauren is the perfect leader to build our venture practice from the ground up and accelerate the growth of the NavTech field. With this team in place, we’re positioned to make NavTech tools easier to build, fund, and access so they reach the people who need them most.”
Loktev brings 15 years of venture capital experience investing at the intersection of for-profit and for-good. Most recently at Collaborative Fund, she backed several companies to significant scale and launched Collab+Sesame, a first-of-its-kind thematic seed fund in partnership with Sesame Workshop focused on early childhood education. At NextLadder, she will build and lead the fund’s venture practice, sourcing and scaling investments in the founders building the next generation of NavTech tools.
“We have a once in a generation opportunity to help steer AI solutions toward those who need them most,” said Loktev. “Many amazing, accomplished founders see this too, and they are on a mission to build scalable, transformative businesses in the critical verticals that help people navigate life-changing moments. I couldn’t be more excited to join NextLadder and to support the most inspiring leaders building this market from the ground up. Thanks to our unique, long-term mandate, we can be creative and flexible in investing across stage and check size to partner with the entrepreneurs and leaders we believe will change the world.”
Prior to her role at NextLadder, Gosselink spent over a decade at Google in several roles including Director of AI and Social Impact, directing more than $500 million in funding for organizations applying AI to address challenges including crisis response, education, and economic opportunity. At NextLadder, she will lead AI and product strategy across the fund’s portfolio, backing solutions and setting market-wide standards for how NavTech tools are designed, evaluated, and improved over time.
“If we collectively harness the AI transformation strategically and purposefully, we can transform the way Americans are empowered to access greater economic mobility,” said Gosselink. “We believe that people-centered products, combined with shifts in the market and the services available to families, can fundamentally reshape how millions of Americans navigate critical moments and achieve prosperity on their own terms.”
To request interviews from the NextLadder Ventures leadership team, contact media@nextladder.com.
About NextLadder Ventures
NextLadder Ventures is a time-bound venture with one goal: empower millions of Americans to reach their potential by 2040. Backed by over $1 billion in capital, the organization invests in breakthrough technologies that remove barriers to economic success and put people in control of their futures. NextLadder Ventures is trailblazing a new market for tech-enabled Navigation Technology tools that help people access the resources they need to navigate pivotal moments — offering flexible, risk-tolerant capital to entrepreneurs building these transformative tools today, while creating a pipeline of tech, talent, and capital for the long run.
SOURCE NextLadder Ventures
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Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter
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