IW Capital Invests £4m into Navigator to Power the Future of Privacy-First Advertising in a Post-Cookie World
24th September 2025: London: IW Capital, a leading investment house specialising in venture capital for dynamic UK SMEs, has invested £4m into Navigator, a fast-scaling digital advertising platform that is redefining how brands reach millions of travelling consumers in a privacy-first world.
Global policymakers and consumers have woken up to the multi-decade abuse of personal data through third-party cookies by advertisers where personal information is covertly shared, analysed and monetised untraceably. Regulations are tightening and according to CookieYes, the cookie consent management platform, Europeans are the least likely to accept them at around 50%. For advertisers, this has meant rising customer acquisition costs and declining campaign performance.
Navigator was built to future-proof brands against these changing consumer habits. Through exclusive partnerships with some of the world’s biggest airline and online travel booking platforms, the platform has over 2 billion fully consented, first-party data points which allow brands to target real people at the right time.
Travel data is rich with information about where consumers will be at any given time, making it valuable to advertisers across all consumer-facing industries from luxury and leisure to financial services and medical. By connecting advertisers to this data, Navigator can offer a compliant, secure and high-performance alternative to traditional advertising models without relying on third-party cookies.
Founded by Olympic medallist and former Ink Global CCO, Steve Rowbotham, Navigator has a team of 24 across the UK, US and APAC. The company has over 90 brand clients including L’Oréal, HSBC, Formula 1, and FC Barcelona.
“Navigator is solving one of the most urgent challenges in digital marketing how to deliver effective advertising in a world where privacy is paramount. With exclusive access to rich data, a proven commercial model, and a leadership team with deep industry experience, Navigator is perfectly positioned to scale. We’re excited to support its next stage of growth.”
Charlie Lyon Carroll, Investment Director at IW Capital
The investment will support Navigator’s continued platform development, commercial expansion, and the launch of a new SaaS product in partnership with a global hospitality software provider.
“This investment from IW Capital is a major milestone for Navigator. It enables us to accelerate platform innovation and scale our commercial footprint to bring our technology to more travel brands through strategic partnerships.
As an Olympic athlete, I understand the value of a high-performance team that is driven towards a common goal and, from our early discussions with IW Capital, it was clear that they are aligned with our vision and passionate about winning. We have a bold and exciting vision to build a future where advertising is not only more effective, but also more ethical. I have no doubt that we will achieve this together.”Steve Rowbotham, CEO and Founder of Navigator
This investment coincided with the bolstering of IW Capital’s Investment Committee with Andrew Brode. Andrew is a seasoned entrepreneur and investor who has led, built, and exited multiple high-growth information, publishing and technology businesses – including RWS Holdings, Learning Technologies Group, and GRC Group – through a career spanning executive leadership, private equity-backed buyouts, and public market listings.
“I’m pleased to be joining the investment committee at IW Capital as it enters a significant phase of capital deployment. It’s a timely opportunity to help shape the future by supporting bold ideas and outstanding founders. I look forward to contributing to the firm’s vision and backing the next generation of transformative companies like Navigator.”
Andrew Brode
About IW Capital
Founded in 2011, IW Capital is a venture capital investment house ready to partner with ambitious companies looking to accelerate. Based in London, IW Capital has a highly talented team uncovering outstanding investment opportunities in technology, health and sustainability which play into long-term shifts in how people live their lives today. Its 21 portfolio companies include Flarin, Rockwater, Impact Recycling, BorrowMyDoggy, Daily Dose, Plumm, GPDQ and Transcend Packaging.
About Navigator
Navigator is an advanced marketing platform that uses exclusive first-party travel data to deliver precision-targeted digital advertising. Bringing an innovative solution to the market, Navigator solves a growing challenge in digital marketing: how to access accurate, privacy-compliant data in a post-cookie world in order to reach your potential customers.
With offices in Miami, London, Singapore, and Kuala Lumpur, it enables travel companies around the world to monetise their data safely and effectively, delivering powerful targeting capabilities at the exact moment consumers are in-market.
