About Naverus
Naverus is a Technology company based in Kent (United States) founded in 2003, and was acquired by GE Aviation in November 2009. Required Navigation Performance procedures are designed for global airlines. Naverus has raised $14.21 million across 2 funding rounds from investors including Foundation Capital, East Peak and Jgecapital.com. The company was acqui-hired. Its focus areas include High Tech, Geographic Information Systems, Location Analytics and Transportation. Its legal entity is Naverus, Inc. Its competitors include Inrix, StreetLight and Ushr; 3 of its 3 listed competitors have raised funding.
Company details
Naverus was founded in 2003 and is based in Kent, United States. Operations focus on the aviation sector, where real-time data and analytics are converted into insights that enhance airline flight efficiency. Services encompass the design of Required Navigation Performance procedures for customers worldwide. These procedures support fuel savings, emission reductions, and safer instrument approaches through continuous descent profiles.
- Headquarters Kent, United States
- Stage Acquired
- SectorsTechnology
- Website naverus.com
- Social LinkedIn
- Acquired by GE Aviation (Nov 2009)
- Legal Name Naverus, Inc
- Total Equity Funding$14.21M (USD)
in 2 rounds
- Latest Funding Round$4.21M (USD), Series C
Apr 2009
- InvestorsFoundation Capital
& 3 more
- Acquired byGE Aviation
(Nov 2009)
Funding Insights of Naverus
Naverus has successfully raised a total of $14.21M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $4.21 million completed in April 2009. 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.
- Total Funding $14.21M
- Total Rounds 2
- Last Round Series C — $4.21M
- First Round $10M
(Mar 2008)
- Investors Count 3
All 2 funding rounds of Naverus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2009 | $4.21M | Series C | – | Foundation Capital, East Peak | – |
| Mar 2008 | $10M | Series C | – | Foundation Capital |
4 investors in total: 4 institutional.
Investors in Naverus
Naverus has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Foundation Capital, East Peak and Jgecapital.com.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors | 1995 | foundationcapital.com | Palo Alto, United States | |
| eastpeak.com | ||||
| jgecapital.com | ||||
GE Aerospace is recognized as a leading provider of jet and turboprop engines. | geaviation.com |
Investor details for Naverus
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Timeline of Naverus
4 dated milestones of Naverus across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Naverus is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Series C, of $4.2M.
- Exit Acquired by GE Aviation.
Competitors of Naverus
Naverus has 3 listed competitors in our database, 3 of them funded. They include Inrix, StreetLight and Ushr.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| inrix.com | 2004 | Kirkland, United States | $143.1M | 126 | Real-time, historical, and predictive traffic data solutions are provided. | |
| streetlightdata.com | 2010 | San Francisco, United States | $40.54M | 95 | Transportation analytics solutions are provided via a data platform. | |
| ushrauto.com | 2014 | Livonia, United States | $10M | 116 | HD mapping solutions are provided for autonomous vehicles. |
Detailed competitors of Naverus
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- Full competitor set
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Top companies in Geospatial & GIS Platforms
3 companies that operate in the same segment as Naverus (Geospatial & GIS Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based satellite imagery data and analytics solutions are provided. | 2010 | San Francisco, California, United States | USD 601.59 M | USD 307.73 M | 1,749 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | USD 3.59 B | 12,100 | ||
Foursquare is recognized as a leader in geospatial technology. | 2009 | New York, New York, United States | USD 448.21 M | 381 |
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Frequently Asked Questions about Naverus
Naverus was founded in 2003 and raised its 1st funding round 5 years after it was founded.
Naverus is headquartered in Kent, United States. It is registered at Kent, Washington, United States.
Naverus is a funded company, having raised a total of $14.21M across 2 funding rounds to date. The company's 1st funding round was a Series C of $10M, raised on Mar 2008.
Naverus was founded in 2003 and is based in Kent, United States. Operations focus on the aviation sector, where real-time data and analytics are converted into insights that enhance airline flight efficiency. Services encompass the design of Required Navigation Performance procedures for customers worldwide. These procedures support fuel savings, emission reductions, and safer instrument approaches through continuous descent profiles.
Naverus's top competitors include Inrix, StreetLight and Ushr.
Naverus has 4 investors. Key investors include Foundation Capital, East Peak, Jgecapital.com, and GE Aerospace.
Naverus operates through Naverus, Inc.
Yes. Naverus was acquired by GE Aviation in November 2009.