Phunware Inc (NASDAQ:PHUN) said it has renewed or extended several customer contracts with healthcare and hospitality organisations.
For healthcare clients, the software company provides solutions for iOS and Android apps which can help patients access health information, find their way to appointments, receive parking assistance and get in touch with physicians.
With its hospitality customers, the Texas-based firm provides them with the tech required to help guests make bookings and provides wayfinding support.
A typical hospitality client is expected to gain six-figure plus in annual ancillary revenues from guests using Phunware’s technology.
“These renewals show the significance of our exceptional mobile experiences and how they generate an investable ROI for our customers,” said Phunware chief executive Mike Snavely.
Last month, the group reported full-year revenues of US$4.8 million and said it had improved its balance sheet in preparation of future growth initiatives.
At the time, Snavely said the company was now “executing on our vision”.
“We have significant traction with existing and new accounts and a new vision of how we’re serving our markets,” he added.