About CarteNav
CarteNav is a company based in Halifax (Canada) founded in 2002 was acquired by Exchange Income Corporation in August 2016. CarteNav has raised $1.4 million across 2 funding rounds from investors including Lockheed Martin, Exchange Income Corporation and PAL Aerospace. The company has 55 employees as of December 31, 2024. CarteNav operates in a competitive market with competitors including Anduril, Hensoldt, Serco, Cubic and ST Engineering, among others.
- Headquarter Halifax, Canada
- Employees 55 as on 31 Dec, 2024
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Sectors
Aerospace, Defense & Maritime
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.4 M (USD)
in 2 rounds
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Latest Funding Round
$1.4 M (USD), Series A
Nov 02, 2016
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Investors
Lockheed Martin
& 3 more
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Employee Count
55
as on Dec 31, 2024
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Acquired by
Exchange Income Corporation
(Aug 08, 2016)
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Funding Insights of CarteNav
CarteNav has successfully raised a total of $1.4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.4 million completed in November 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in CarteNav
CarteNav has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Lockheed Martin, Exchange Income Corporation and PAL Aerospace.
| Investor | Description | Founded Year | Domain | Location |
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Manufacturer of global security and defense airplanes
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Locked | Locked | Locked | |
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Economic development in Atlantic Canada is supported by federal initiatives.
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Locked | Locked | Locked | |
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Diversified acquisition-oriented dividend company in aerospace and manufacturing
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Locked | Locked | Locked |
Investor details for CarteNav
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Investments & Acquisitions by CarteNav
Investment portfolio details for CarteNav
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Financial Statements - CarteNav
Detailed financials for CarteNav
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Cartenav Comparisons
Peer comparison for CarteNav
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Competitors of CarteNav
CarteNav operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Anduril, Hensoldt, Serco, Cubic and ST Engineering, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Provider of AI-based drone surveillance solutions for defense and maritime sector
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| Locked | Locked | Locked |
Developer of integrated air surveillance radar for the military and defence industry
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| Locked | Locked | Locked |
Provider of public services to government
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| Locked | Locked | Locked |
Integrated solutions are provided for transportation and defense sectors.
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| Locked | Locked | Locked |
SaaS-based solutions for rail fleet operations management are developed.
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| Locked | Locked | Locked |
Diversified non-combat systems for defense industries are developed.
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Detailed competitors of CarteNav
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Latest news on Cartenav
Complete news archive for CarteNav
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Frequently Asked Questions about CarteNav
CarteNav was founded in 2002 and raised its 1st funding round 10 years after it was founded.
CarteNav is headquartered in Halifax, Canada. It is registered at Halifax, Nova Scotia, Canada.
CarteNav is a funded company, having raised a total of $1.4M across 2 funding rounds to date.
As of Dec 31, 2024, the latest employee count at CarteNav is 55.
CarteNav was founded in 2002 in Halifax, Canada, within the defense and aerospace sector. ISR mission software is developed to address varied operational requirements across platforms and sensors. Adaptable, multi-role solutions are provided for integration, sensor interfacing, and data management. Global support is offered through a network that handles assistance and training. Operations are focused on situational awareness and process efficiency in mission environments.
CarteNav's top competitors include Anduril, Hensoldt and ST Engineering.
CarteNav has 4 investors. Key investors include Lockheed Martin, Exchange Income Corporation, PAL Aerospace, and Atlantic Canada Opportunities Agency.