Avant Healthcare Professionals’ Shari Dingle Costantini and Spencer Lloyd join company focused on bringing nanotechnology to market
ORLANDO, Fla. (September 13, 2022) — After leading one of Central Florida’s most successful startups, the top team of Avant Healthcare Professionals have signed on to lead Kismet Technologies.
Shari Dingle Costantini and Spencer D. Lloyd have joined Kismet Technologies as its president/co-founder and CFO respectively. The two were in those same positions with Avant from 2011-2019 where they saw annual growth of 38 percent and scaled revenues to more than $160 million.
“Shari and Spence have individually, and as a team, achieved great success over their careers,” says Christina Drake, founder and Chief Executive Officer. “I am excited to see what we can accomplish together at Kismet.”
Kismet Technologies is poised to disrupt the infection control market with its patent-pending product, NanoRAD. NanoRAD, which stands for “Nanobased Residual Active Disinfectant,” works continuously, for several months, because of the use of specially engineered nanoparticles. Plus, NanoRAD works against some of the most severe illness causing germs that have plagued healthcare and tourism.
One of the key industries for using Kismet’s technology is healthcare, making Costantini and Lloyd’s involvement critical.
“As a healthcare professional, I have seen the declines the industry has experienced in reducing hospital acquired infections during the pandemic,” Costantini says. “The COVID pandemic has literally wiped out two decades of progress. The opportunity to create self-disinfecting surfaces will be a gamechanger not just for healthcare but across many industries, such as cruise lines,”’
Costantini founded Avant Healthcare Professionals in 2003. There she raised angel, private equity, and strategic investment, achieving a CAGR of 38% over 18 years. Lloyd is an accomplished CFO and has extensive experience in managing financial, administrative, legal, and operational functions for entrepreneurial, high-growth companies, both public and private. He joined Avant in 2011.
Both exited Avant after it was acquired by Jackson Healthcare in 2018.
“It is not often a small businesses like Kismet Technologies is infused with leadership such as Shari and Spencer that have such a track record of success,” says Carol Ann Logue, director, Programs & Operations, Innovation Districts & Incubation Program. “Kismet Technologies has already proven to be on track to becoming a major company in this community and this only increases the potential for that to happen.”
Kismet is coming off several recent accolades, taking top prize at the Florida International Medical Expo, Innov8 Competition and being named a finalist for the Cade Prize, the capstone initiative of the Cade Museum for Creativity and Invention.
The company is a client of the UCF Business Incubation Program at the Lake Nona Innovation District.
Kismet Technologies: Chrsitina Drake, CEO, email@example.com
About Kismet Technologies
Kismet Technologies is committed to helping people live healthier and safer lives by harnessing the power of nanotechnology to create self-disinfecting surfaces. Our patent-pending product, NanoRAD, eradicates even the most-persistent and severe illness causing bacteria and viruses within two hours of contacting a surface and provides this protection around the clock. Kismet is changing how the world disinfects with products that will save millions of lives.
About the UCF Business Incubation Program: The University of Central Florida Business Incubation Program is a community resource that provides early-stage companies with the tools, training and infrastructure to become financially stable, high growth/impact enterprises. Since 1999, this award-winning program has provided vital business development resources resulting in over 300 local startup companies reaching their potential faster and graduating into the community where they continue to grow and positively impact the local economy.
With eight facilities throughout the region, the UCF Business Incubation Program is an economic development partnership between the University of Central Florida, the Corridor, Orange, Osceola, Seminole and Volusia Counties, and the cities of Kissimmee, Orlando and Winter Springs. For the 2017/2018 fiscal years, the activities of these participating firms have helped to sustain more than 6,725 local jobs and have had a cumulative impact of over $725 million on regional GDP and over $1.3 billion on regional sales. During the same period, the program has returned more than $12.00 in state and local taxes for every $1.00 invested in the program. In addition, for every $1.00 of public investment the firms also produced $118 of additional regional GDP and $226 of regional sales. For more information, visit www.incubator.ucf.edu.