About Navient
Navient is a publicly listed company based in Wilmington (United States) founded in 2014. Student loans and federal servicing are provided by Navient. It operates in the Education and Financial Services sectors. The company has 4,500 employees. Navient has completed 4 acquisitions, including Duncan Solutions, Earnest and Gila Corp. Its website navient.com draws about 139 thousand monthly visits. Navient offers products and services including Student Loans, Student Loan Refinancing, Scholarships, and Financial Solutions. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its legal entity is Navient Solutions, LLC. Its competitors include College Ave, ClimbCredit and LendKey Technologies; 3 of its 3 listed competitors have raised funding.
Company details
Navient was established in 2014 and is headquartered in Wilmington, United States. Federal loans for students and parents are serviced on behalf of the Department of Education. Management and business processing solutions are delivered to clients in the education, healthcare, and government sectors across federal, state, and local levels. Operations focus on loan origination, servicing, and administrative support within the financial services industry.
- Headquarters Wilmington, United States
- Employees 4,500
- Stage Public
- SectorsEducationFinancial Services
- Email••••••••
- Phone•••• ••••
- Website navient.com
- Social LinkedIn X Facebook
- Legal Name Navient Solutions, Llc
- Latest Funding Round$412M (USD), Debt – Conventional
Jun 2019
- Investors
- Employee Count4,500
- Investments & AcquisitionsDuncan Solutions
& 3 more
Products & Services of Navient
Navient offers a comprehensive portfolio of products and services, including Student Loans, Student Loan Refinancing, Scholarships, and Financial Solutions.
Services for managing student loan repayments and applications.
Options to refinance loans for better terms and rates.
Assistance in finding and applying for educational scholarships.
Tools for simplifying financial life through various offers.
Funding Insights of Navient
- Total Rounds 2
- Last Round Debt – Conventional — $412M
- First Round $19,000
(Apr 2017)
- Investors Count 1
All 2 funding rounds of Navient 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 |
|---|---|---|---|---|---|
| Jun 2019 | $412M | Debt – Conventional | – | – | |
| Apr 2017 | $19,000 | Post-IPO | – | – | – |
1 investors in total: 1 institutional.
Investors in Navient
Navient has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Goldman Sachs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States |
Investor details for Navient
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Navient
99 people are tracked at Navient (30 in leadership, 6 in board & advisors, 63 in team); the tracked headcount is 4,500.
| Name | Role | Group |
|---|---|---|
John Kane | Group President, Business Processing Solutions | Leadership |
Jack Remondi | President & CEO | Leadership |
Patrick Theurer | Chief Information Officer | Leadership |
Joe Fisher | EVP & CFO | Leadership |
Ross Hibbert | Sr Director - AI + Automation | Leadership |
Joe Heller | Director Of Application Development | Leadership |
Leita Garcia | Director Business Integration | Leadership |
Steve Hauber | Senior Vice President, Chief Risk & Compliance Officer | Leadership |
Michael Vance | Sr. Director & Chief Information Security Officer | Leadership |
Jennifer Walker | Senior Vice President & Chief Audit Officer | Leadership |
Jaquie McDonnell | Managing Director | Leadership |
Ted Morris | Senior Vice President & Controller | Leadership |
Jody Sloan | Vice President, Corporate Procurement & Vendor Relations | Leadership |
Michael Kirkmeyer | Director, Privacy And Compliance Governance | Leadership |
Todd Rieg | Senior Director Operations | Leadership |
Mark Verbrugge | Sr. Director, Portfolio Management Operations | Leadership |
Susan Beery | Vp, Head Of IT Transformation | Leadership |
Kelly Hodges | Sr Director-compliance, LOB Support | Leadership |
Kristen Darden | Sr. Director, Vendor Management & Compliance | Leadership |
Mark Shekleton | Director Internal Audit; Manager Internal Audit | Leadership |
79 more people are available in the full profile.
Complete people profiles for Navient
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
- Board tenure
- Professional contacts
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IPO & Listings of Navient
Navient is a publicly listed company on the NASDAQ with ticker symbol NAVI in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date17 Apr 2014
- Listed onNASDAQ: NAVI
- Listed entityNavient Corporation
- Exchange sectorFinance
Investments & Acquisitions by Navient
Navient has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Duncan Solutions, Earnest and Gila Corp.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Student loan refinancing and personal loans are offered by Earnest. | earnest.com | San Francisco, United States | 2013 | Nov 2017 | $155M | |
Parking and tolling solutions are provided by Duncan Solutions. | duncansolutions.com | Milwaukee, United States | 1936 | Aug 2017 | •••• | |
Revenue cycle management services are provided to healthcare organizations. | xtendhealthcare.net | Hendersonville, United States | 1990 | Oct 2015 | •••• | |
Provider of business process outsourcing and asset recovery services | gilacorp.com | Austin, United States | 1991 | Feb 2015 | •••• |
Complete acquisition details for Navient
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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- Complete history
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Timeline of Navient
8 dated milestones of Navient across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Navient is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Gila Corp.
- Acquisition Acquires Xtend Healthcare.
- Funding First funding round of $19K.
- Acquisition Acquires Duncan Solutions.
- Acquisition Acquires Earnest.
- Funding Latest funding round, Debt – Conventional, of $412.0M.
Competitors of Navient
Navient has 3 listed competitors in our database, 3 of them funded. They include College Ave, ClimbCredit and LendKey Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| collegeavestudentloans.com | 2014 | Wilmington, United States | $50M | 87 | Student loans marketplace for undergraduate and graduate education is operated. | |
| climbcredit.com | 2014 | New York, United States | $12.9M | 55 | Education loans are offered to students at partner schools. | |
| lendkey.com | 2007 | New York, United States | $42.18M | 131 | Student & Home improvement loans online by local community lenders |
Detailed competitors of Navient
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- Full competitor set
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Web traffic of Navient
The website of Navient (navient.com) receives about 138.6K visits a month.
- Monthly visits138.6K
▲ 18.3% vs previous month
Websites whose visitors overlap most with Navient. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
mohela.com | mohela.com | 100% | #21,091 | – | |
| earnest.com | 78% | 795.4K | #61,447 | View details | |
| nerdwallet.com | 76% | 22.3M | #2,677 | View details | |
| naviant.com | 73% | 6K | #3,300,999 | View details | |
acs-education.com | acs-education.com | 70% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Navient
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Education Technology Platforms
3 companies that operate in the same segment as Navient (Education Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 900 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 59.7 M | 3,283 | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M |
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Related news about Navient
Complete news archive for Navient
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Frequently Asked Questions about Navient
Navient was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Navient is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Navient has 4,500 employees.
Navient was established in 2014 and is headquartered in Wilmington, United States. Federal loans for students and parents are serviced on behalf of the Department of Education. Management and business processing solutions are delivered to clients in the education, healthcare, and government sectors across federal, state, and local levels. Operations focus on loan origination, servicing, and administrative support within the financial services industry.
Navient's top competitors include ClimbCredit, College Ave and LendKey Technologies.
Navient offers Student Loans, Student Loan Refinancing, Scholarships, and Financial Solutions.
Yes, Navient is publicly traded on NASDAQ under the ticker symbol NAVI.
Navient has made 4 acquisitions, including Duncan Solutions, Earnest, and Gila Corp.
Navient has 1 investor. Key investors include Goldman Sachs.
Navient operates through Navient Solutions, Llc.
The website of Navient receives about 139 thousand visits a month.