Nav Technologies

Nav Technologies

  • FOUNDING YEAR: 2012
    LOCATION:
    United States
    REGION:
    Utah
    Last Update:
    14 Feb, 2020
    Company priority:
    We are hiring! Know anyone awesome?

Description

FOCUS

PRODUCTS & SERVICES:
Nav allows business users to manage and leverage their financial data by checking their personal and business credit reports to understand their financials. It analyzes the users's business bank account data and helps them to improve their cash flow. It also offers business financing for users looking to raise working capital. It automatically heads over to the marketplaces to check their approval odds for the top business credit cards and loans and It allows them to apply for the same through the application. It also sends credit monitoring alerts and personalized funding recommendations to users.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Small Businesses
COMMENT
The compant has launched its free Business Loan Reality Check mobile app, which evaluates a business owner's cash flow to give additional insights into their borrowing power. (May 2017)

PEOPLE

MEDICI analysts will analyze Nav Technologies soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$45.5 Millions
DATE OF LAST FUNDING:
Apr 2019
TOTAL FUNDING COMMENT:
The company will use the funds to introduce more business owners to its platform and drive additional data insights for their customers. (May 2017)
SEED & PRIOR FUNDING:
$1 Million
SEED CLOSED ON:
May 2013
FUNDING SERIES:
SERIES A
$6.5 Millions Closed: Nov 2014
SERIES B
$38 Millions Closed: May 2017
LISTED:
NO

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