About Naverus
Naverus is a company based in Kent (United States) founded in 2003 was acquired by GE Aviation in November 2009.. Naverus has raised $14.21 million across 2 funding rounds from investors including Foundation Capital, East Peak and Jgecapital.com. Naverus operates in a competitive market with competitors including HERE, Inrix, Sygic, StreetLight and CycloMedia, among others.
- Headquarter Kent, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Naverus, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.21 M (USD)
in 2 rounds
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Latest Funding Round
$4.21 M (USD), Series C
Apr 17, 2009
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Investors
Foundation Capital
& 3 more
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Employee Count
Employee Count
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Acquired by
GE Aviation
(Nov 22, 2009)
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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 Total Funding
- Total Rounds 2
- Last Round Series C — $4.2M
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First Round
First Round
(05 Mar 2008)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2009 | Amount | Series C - Naverus | Valuation | Foundation Capital , East Peak |
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| Mar, 2008 | Amount | Series C - Naverus | Valuation | Foundation Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
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| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Naverus
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Naverus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Naverus Comparisons
Competitors of Naverus
Naverus 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 HERE, Inrix, Sygic, StreetLight and CycloMedia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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| domain | founded_year | HQ Location |
Location-based services and mapping solutions are provided globally.
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Real-time, historical, and predictive traffic data solutions are provided.
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Voice-guided GPS navigation, HUD, and blackbox apps are developed.
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Transportation analytics solutions are provided via a data platform.
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Geographical Imaging Soultions
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AI & cloud enabled platform offering software solutions for vehicle road dynamics
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Naverus
Frequently Asked Questions about Naverus
When was Naverus founded?
Naverus was founded in 2003 and raised its 1st funding round 5 years after it was founded.
Where is Naverus located?
Naverus is headquartered in Kent, United States. It is registered at Kent, Washington, United States.
Is Naverus a funded company?
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 05, 2008.
What does Naverus do?
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.
Who are the top competitors of Naverus?
Naverus's top competitors include Inrix, HERE and StreetLight.
Who are Naverus's investors?
Naverus has 4 investors. Key investors include Foundation Capital, East Peak, Jgecapital.com, and GE Aerospace.
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