Warner will oversee corporate finance and accounting as Cavnue executes on its deep project pipeline of CAV lanes and corridors.
Washington, D.C., August 29, 2022 – Cavnue, the leading developer of roadway and infrastructure technology designed to accelerate the full benefits of connected and automated vehicles (CAVs), announced today that Ben Warner has joined the organization as Chief Financial Officer (CFO). Warner will oversee accounting, finance, FP&A, investor reporting, and capital markets activity as Cavnue builds out a network of roads for connected and automated vehicles (CAVs). He will share responsibility for the Company’s future funding rounds as well as evaluating potential acquisitions and/or joint ventures.
Warner joins with more than 15 years of experience in senior finance functions at publicly traded companies as well as venture capital and private equity-backed organizations. He most recently served as the Chief Financial Officer at Assembly, an e-commerce data and software company, where he drove significant organic revenue growth and guided the company through five acquisitions. Prior to that, he served as Vice President of Finance at Clutter, a tech-enabled one-stop-shop for storage and moving services, where he oversaw the company’s Series D funding round—which closed at $200M and was led by Softbank. Additionally, Warner held leadership roles at Omaze, where he oversaw fundraising, and at Atari, where he was responsible for evaluating and negotiating new business opportunities.
“As CFO of a fast-growing startup, Ben will set the standard for financial excellence for the organization and will have a profound impact on the future of Cavnue—especially at such a defining moment in the company’s history,” said Tyler Duvall, co-founder and CEO of Cavnue. “His tech finance expertise will guide Cavnue as the organization continues to grow and will set the us and our projects up for success long into the future.”
Cavnue, which recently announced the closing of its Series A at $130M, is bridging technology and road infrastructure to realize a safer, more efficient, and more accessible future for automated transportation. As the leading developer of specialized CAV road infrastructure, Cavnue is building the future of roads in close collaboration with government and industry partners—including the company’s role as Master Developer of the nation’s first CAV Corridor in Michigan. Cavnue’s tech-enabled roadways are designed to increase the capabilities and reliability of ADAS-enabled vehicles of today and future-proof roadways for next-generation technology such as autonomous trucks, buses, and cars.
“It is extremely exciting to join a company that is not only dedicated to solving a real issue, but also has attracted immense support in its mission to design and deploy the roads of the future,” said Warner. “I am looking forward to joining the impressive Cavnue team—along with the company’s esteemed partners and investors—and supporting the company’s work to ensure safer and more efficient automated transportation solutions for all.”
Warner holds a Bachelor of Arts in History from Yale University and resides in Los Angeles, California.
Smart vehicles need smarter roads. Cavnue was founded to bridge the worlds of technology and road infrastructure to rapidly realize a safer, more efficient, and more accessible future of connected and automated vehicles in all regions. Our vision is to develop the world’s most advanced roads by incorporating physical and digital infrastructure that unlock the full spectrum of capabilities of current and future automated vehicle technologies. For more information, visit Cavnue.com.