About Nav Technologies
Nav Technologies offers a platform that helps small business owners monitor and improve their financial health, focusing on the small business lending market. The company's proprietary technology simplifies the process of understanding and selecting from various financing options by analyzing a business's financial data. Unlike competitors, Nav Technologies acts as a marketplace that connects businesses with lenders while ensuring data accuracy and reliability. The primary goal is to provide small businesses with insights and access to the funding they need to thrive.
South Jordan, UtahHeadquarters
2012Year Founded
$92.5MTotal Funding
SERIES_CCompany Stage
Data & Analytics, FintechIndustries
51-200Employees
Benefits
Company equity
Unlimited PTO
Paid parental leave
Work from anywhere
Health, dental, & vision coverage
Learning & development
Pet insurance
Risks
Increased competition from AI-driven platforms like Hello Alice threatens Nav's market position.
Open banking solutions may reduce Nav's competitive edge in SMB financing.
Partnerships like Crowe LLP and Intuit Inc. could divert potential clients from Nav.
Differentiation
Nav offers a lender-neutral marketplace with over 100 business financing products.
Nav provides free access to credit reports from major bureaus like Experian and Equifax.
Nav's proprietary technology simplifies understanding and choosing business financing options.
Upsides
Nav's partnership with Fundbox enhances SMBs' access to capital with AI-driven solutions.
The new 'credit health experience' helps businesses leverage credit for growth strategies.
Nav's platform has helped over 2 million businesses improve borrowing power and access capital.
Funding
Total raised$92.51 M
Latest valuation$225.00 M
StageSERIES_C
SERIES C
1/31/2019$45
$225.00 MSERIES A
10/31/2014$7
$34.50 M