FIDO Tech has strengthened its commitment to strong financial governance and stable long-term growth with the appointment of Lisa Davis as Chief Financial Officer.

As a key member of the company’s leadership team, Lisa will play a strategic role in helping FIDO maximise recurring revenues from its market-leading AI water technologies.

Just five years after developing an AI that accurately detects, locates and sizes hidden water leaks, FIDO’s SaaS-based solutions are now used by companies worldwide to improve water and utility resilience.

A chartered accountant and seasoned CFO for over 15 years, Lisa brings with her a track record of impressive financial results and project management at a range of household name, startup and SaaS companies.

As CFO of Censornet, she helped steer the cyber security company from startup to 90 employees and a multi-million turnover in under 10 years.

FIDO CEO Mitch Donnelly said: “I am absolutely delighted that Lisa is joining us at such an important time in our development. As FIDO enters the next stage in its development -moving into rapid scale-up – Lisa’s experience of leading software development and technology companies will be invaluable in supporting our global growth.”

Lisa is among the first of a number of key appointments to FIDO Tech’s leadership and global sales teams since Mitch joined the company as CEO in July.

She said: “FIDO has a clear compelling message about using technology to address water scarcity and it’s something that really appealed to me. I am looking forward to helping FIDO Tech reach its undeniable potential.”

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