Navarik

Vancouver, Canada Founded: 2000 • Age: 26 yrs Acquired By Vela Software
Oil and oil products trade management solution
Annual revenue - Latest available
Total funding $1.0M 1 rounds
Employees 38 Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Navarik

Navarik is a company based in Vancouver (Canada) founded in 2000 was acquired by Vela Software in September 2020. Navarik has raised $1 million across 1 funding round from investors including Vela Software and BC Discovery Fund. The company has 38 employees as of December 31, 2024. Navarik offers products and services including Navarik Inspection and Navarik VEF. Navarik operates in a competitive market with competitors including SkyBitz, Kpler, Vortexa, BunkerTrace and Minerva Bunkering, among others.

  • Headquarter Vancouver, Canada
  • Employees 38 as on 31 Dec, 2024
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1 M (USD), Seed

    May 13, 2008

  • Investors
  • Employee Count
    38

    as on Dec 31, 2024

  • Acquired by
    Vela Software

    (Sep 04, 2020)

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Products & Services of Navarik

Navarik offers a comprehensive portfolio of products and services, including Navarik Inspection and Navarik VEF.

Product name locked
Category locked
Primary

Software to manage cargo inspection lifecycle and reduce risks.

Product name locked
Category locked
Locked

Tool for estimating cargo volumes using historical data ratios.

People of Navarik

Headcount 10-50
Employee Profiles 16
Employee Profiles
People
Holly Jackson
Operational Data Analyst
People
Chris Cook
Chief Operating Officer
People
Ilona Chen
Operations Manager
People
Harry Dhaliwal
Technical Project Manager

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Funding Insights of Navarik

Navarik has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in May 2008. 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 Navarik

Navarik has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Vela Software and BC Discovery Fund.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments are focused on Canadian tech and energy companies.
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Software development services are provided to clients by Vela Software.
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Investor details for Navarik

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Investments & Acquisitions by Navarik

Investments
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Investment portfolio details for Navarik

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Financial Statements - Navarik

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Detailed financials for Navarik

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Navarik Comparisons

Navarik Primary company
Description
Oil and oil products trade management solution
Location
Vancouver, Canada
Founded Year
2000
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
38
As of 2024
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Peer comparison for Navarik

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Competitors of Navarik

Navarik 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 SkyBitz, Kpler, Vortexa, BunkerTrace and Minerva Bunkering, among others.

Company Name Domain Founded year HQ Location Description
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Remote asset tracking and management solutions are provided globally.
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Offers a marine data intelligence tracking platform
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AI-based data processing for global hydrocarbon flows is offered.
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Provider of blockchain-based cargo tracking solutions for the oil and gas industry
Locked Locked Locked
Provides marine fuel supply, bunker trading, and cargo services to vessels worldwide.
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Detailed competitors of Navarik

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Latest news on Navarik

Navarik Appoints New CEO
Prnewswire6 years ago
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Complete news archive for Navarik

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Frequently Asked Questions about Navarik

Navarik was founded in 2000 and raised its 1st funding round 8 years after it was founded.

Navarik is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.

Navarik is a funded company, having raised a total of $1M across 1 funding round to date.

As of Dec 31, 2024, the latest employee count at Navarik is 38.

Navarik was founded in 2000 in Vancouver, Canada, within the energy sector. A digital platform is provided for managing trade execution of oil and oil products. Data capture and structured workflows are supported throughout the process. Inspection scheduling is enabled, along with documentation from inspections and loss control measures focused on essential activities. Operations center on streamlining trade documentation and compliance in the global oil market.

Navarik's top competitors include Kpler, SkyBitz and Vortexa.

Navarik offers Navarik Inspection and Navarik VEF.

Navarik has 2 investors. Key investors include Vela Software, and BC Discovery Fund.

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