About Finnav
Finnav is a Technology company based in Santa Clara (United States) founded in 1983, and was acquired by Asset Vantage in April 2017. It operates as an accounting and reporting software is provided for family offices. The company has 76 employees. Its Indian entity Asset Vantage Systems Private Limited reported revenue of ₹21.34 Cr. The company was acqui-hired. Finnav offers products and services including Financial Data Aggregation, Integrated General Ledger, Portfolio Performance, and Partnership Accounting. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Accounting Suite. Its competitors include Intuit, Visma, Xero, Wave and FreeAgent and 5 more; 8 of its 10 listed competitors have raised funding.
Company details
Finnav was founded in 1983 in Santa Clara, United States, focusing on accounting and reporting software for family offices, CPA firms, trust and estate managers, and related businesses. Modules for portfolio accounting, partnership management, intercompany transactions, balance sheets, and tax handling are included. Portfolio analytics, asset allocation, diversification views, and return comparisons to indices are generated. Acquisition by Asset Vantage took place in April 2017 for an undisclosed amount.
- Headquarters Santa Clara, United States
- Employees 76
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website finnav.com
- Social LinkedIn X Instagram
- Acquired by Asset Vantage (Apr 2017)
- Legal Name Asset Vantage Systems Private Limited
- Date of Incorporation 11 Oct, 2007
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹21.34 Cr
FY 2025 · +14% YoY
- Net Loss-₹48.1 Lakh
FY 2025 · -2% margin
- EBITDA₹1.52 Cr
FY 2025 · 7% margin
- Investors
- Employee Count76
- Acquired byAsset Vantage
(Apr 2017)
Associated legal entities of Finnav
Finnav operates through Asset Vantage Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Asset Vantage Systems Private Limited CIN U74900MH2007PTC174924 | Active | 11 Oct 2007 | Mumbai, Maharashtra | ₹21.3 Cr | 76 | 7 | View details |
Products & Services of Finnav
Finnav offers a comprehensive portfolio of products and services, including Financial Data Aggregation, Integrated General Ledger, Portfolio Performance, and Partnership Accounting.
Software for aggregating and reconciling financial investments and expenses.
System for book-keeping and transaction reconciliation in wealth management.
Tools for tracking and reporting investment returns across asset classes.
Platform for managing partnership structures and inter-entity transactions.
Investors in Finnav
Finnav has secured backing from 1 investor. Prominent investors backing the company include Asset Vantage.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based platform for investment and accounting management is utilized. | 2011 | assetvantage.com | Stamford, United States |
Investor details for Finnav
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Board of directors of Asset Vantage Systems Private Limited (Finnav)
Asset Vantage Systems Private Limited is the primary company behind Finnav. The board of Asset Vantage Systems Private Limited currently have 7 directors; the longest-serving is Mamta Sunil Dalal, appointed in 2007. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mamta Sunil Dalal DIN 00020956 | Director | 11 Oct 2007 | 19 yrs | Asset Vantage Systems Private Limited |
| Sunil Kishore Dalal DIN 00021019 | Director | 11 Oct 2007 | 19 yrs | Asset Vantage Systems Private Limited |
| Chirag Niranjan Nanavati DIN 02520863 | Managing Director | 30 May 2013 | 13 yrs 4 mo | Asset Vantage Systems Private Limited |
| Anil Balkrishna Wani DIN 06504762 | Director | 20 Nov 2020 | 5 yrs 10 mo | Asset Vantage Systems Private Limited |
| Sachin Rangrao Deshmukh DIN 09213792 | Director | 25 Nov 2024 | 1 yr 10 mo | Asset Vantage Systems Private Limited |
| Rahul Jaggia DIN 10861187 | Director | 04 Dec 2024 | 1 yr 10 mo | Asset Vantage Systems Private Limited |
| Shaan Sunil Dalal DIN 11159280 | Director | 25 Jun 2025 | 1 yr 3 mo | Asset Vantage Systems Private Limited |
Financials of Finnav
Figures of Asset Vantage Systems Private Limited, the primary company behind Finnav, for FY 2025. Revenue was ₹21.34 Cr (+14% year on year). Net loss was -₹48.1 Lakh (-2% margin). EBITDA was ₹1.52 Cr (7% margin). Revenue has grown at a compounded annual rate of +22% over three years and +23% over five years.
- ₹21.34 CrRevenue · FY 2025 · +14% YoY
- -₹48.1 LakhNet loss · -2% margin
- ₹1.52 CrEBITDA · 7% margin
- ₹3.28 CrPaid-up capital
- 76Employees (provident fund records)
- +22%Revenue CAGR, 3 years
- +23%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Asset Vantage Systems Private Limited are on its company page.
Detailed financial statements for Finnav
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Timeline of Finnav
2 dated milestones of Finnav across 34 years, from founding to its latest funding, stage changes and deals.
- Founded Finnav is founded.
- Exit Acquired by Asset Vantage.
Competitors of Finnav
Finnav has 10 listed competitors in our database, 8 of them funded. They include Intuit, Visma, Xero, Wave and FreeAgent, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| intuit.com | 1983 | Mountain View, United States | $49.62M | 18,800 | Financial and accounting software is developed for businesses and individuals. | |
| visma.com | 1996 | Oslo, Norway | $198.09M | – | Cloud-based ERP software is provided for business management across segments. | |
| xero.com | 2006 | Wellington, New Zealand | – | 347 | Cloud-based accounting and payment management is offered for small businesses. | |
| waveapps.com | 2010 | Toronto, Canada | $82.4M | – | Web-based accounting software is offered for business use. | |
| freeagent.com | 2007 | Edinburgh, United Kingdom | $21.89M | 264 | Cloud-based accounting software is provided for small businesses and freelancers. | |
| kyriba.com | 2000 | San Diego, United States | $160.68M | 334 | Cloud-based treasury automation and risk management solutions are provided. | |
| freshbooks.com | 2003 | Toronto, Canada | $153.75M | 613 | Cloud-based invoicing and accounting software is offered for businesses. | |
| clear.in | 2011 | Bengaluru, India | $140.42M | – | Technology-enabled accounting and finance solutions are offered for SMBs. | |
| freee.co.jp | 2012 | Tokyo, Japan | $143.33M | – | Cloud-based accounting and ERP software is offered for businesses. | |
| myob.com | 1991 | Cremorne, Australia | – | – | Cloud-based accounting and ERP software is provided for businesses. |
Detailed competitors of Finnav
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Web traffic of Finnav
Websites that share an audience with Finnav (finnav.com).
Websites whose visitors overlap most with Finnav. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| pennyitworks.com | 26% | – | – | View details |
Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as Finnav (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.06 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Related news about Finnav
Complete news archive for Finnav
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Frequently Asked Questions about Finnav
Finnav was founded in 1983.
Finnav is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Finnav has 76 employees.
The primary company behind Finnav, Asset Vantage Systems Private Limited, reported revenue of ₹21.34 Cr for FY 2025, up 14% year on year.
Finnav was founded in 1983 in Santa Clara, United States, focusing on accounting and reporting software for family offices, CPA firms, trust and estate managers, and related businesses. Modules for portfolio accounting, partnership management, intercompany transactions, balance sheets, and tax handling are included. Portfolio analytics, asset allocation, diversification views, and return comparisons to indices are generated. Acquisition by Asset Vantage took place in April 2017 for an undisclosed amount.
Finnav offers Financial Data Aggregation, Integrated General Ledger, Portfolio Performance, and Partnership Accounting.
Finnav has 1 investor. Key investors include Asset Vantage.
Finnav operates through Asset Vantage Systems Private Limited.
Yes. Finnav was acquired by Asset Vantage in April 2017.
The legal entities of Finnav currently have 7 directors, including Chirag Niranjan Nanavati, Mamta Sunil Dalal, Sunil Kishore Dalal and others.