Todd Owens
Todd Owens is currently a board member at InformData, Verstela, and WorkforceQA, senior advisor at Mesh, and chairman of the board at Space Angels. He co-founded Kevala, a startup acquired after its founding in 2021. His expertise includes company building, executive leadership, and board governance.
Residex Acquires Seattle Health-Tech Startup Kevala to Boost AI-Powered Senior Care Workforce Management
Seattle-based health-tech startup Kevala, which helps healthcare facilities manage workers using AI, has been acquired by Denver-based Residex to enhance senior care operations. Kevala, founded in 2020 and led by CEO Todd Owens, raised $21 million before the acquisition, and the deal aims to combine workforce management with Residex’s clinical AI platform.
Todd Owens, Ex-Navy Submarine Officer and Son of Admiral William Owens, Leads Seattle Health Tech Startup Kevala
Todd Owens, former U.S. Navy submarine officer and son of Admiral William Owens, is now CEO of Seattle-based health tech startup Kevala. His military leadership experience aboard the USS Pogy influences how he leads his company, which focuses on helping healthcare facilities manage workers.
Tech Startups Shift to Profitability and Sustainable Growth Amid Tight 2023-2024 Venture Capital Market
Tech startups are shifting from growth-at-all-costs to focusing on profitability and efficient growth without relying on new investor funding amid tighter venture capital conditions and challenging market factors. This new approach, termed 'default alive,' emphasizes sustainable business models and cautious investment amid a decline in funding and more down rounds.
Kevala raises $12.1M to help long-term care providers fill shifts and manage compliance
Seattle-based Kevala raised $12.1 million to expand its software platform that helps long-term care and senior living facilities schedule staff, manage compliance, and access temporary nurses and caregivers across five states. The company has grown from five to 20 corporate employees since January 2021 and serves hundreds of healthcare facilities, offering a pool of more than 1,000 registered and licensed caregivers.
Kevala raises $4M led by Vulcan Capital to help long-term care facilities fill nursing shifts with staffing and compliance software
Seattle startup Kevala raised $4 million led by Vulcan Capital to provide staffing, compliance and workforce-management software for long-term care facilities, helping them fill nursing shifts via a curated on-call pool and earning revenue from software sales and a cut of supplemental staff wages.
Organizations
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Residex President - Connected Care Services 2025–2026 · current
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Verstela Board Member 2023–present · current
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WorkforceQA Board Member 2023–present · current
Education
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Harvard Business School MBA, General Management · 1999–2001
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Nuclear Power School - Naval Nuclear Power Training Command (NNPTC) Graduate, Nuclear Engineering · 1994–1995
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United States Naval Academy BS, Ocean Engineering · 1990–1994
