About NaviNet
NaviNet is a company based in Boston (United States) founded in 1997 by Tom Morrison was acquired by NantHealth in January 2016. It operates as a SaaS (Software-as-a-Service). NaviNet has raised $27 million across 1 funding round from investors including Lumeris, NantHealth and Highmark. The company has 262 employees as of December 31, 2015. NaviNet has completed 1 acquisition, including Prematics. NaviNet offers products and services including NaviNet Platform. NaviNet operates in a competitive market with competitors including Metriport, Verato, Artisight, eBlu Solutions and MRO, among others.
- Headquarter Boston, United States
- Employees 262 as on 31 Dec, 2015
- Founders Tom Morrison
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Navinet, 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
$27 M (USD)
in 1 rounds
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Latest Funding Round
$27 M (USD), Series C
Aug 08, 2001
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Investors
Lumeris
& 7 more
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Employee Count
262
as on Dec 31, 2015
- Investments & Acquisitions
- Acquired by
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Products & Services of NaviNet
NaviNet offers a comprehensive portfolio of products and services, including NaviNet Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Healthcare platform for secure provider-payer communication is offered.
Funding Insights of NaviNet
NaviNet has successfully raised a total of $27M through 1 strategic funding round. The most recent funding activity was a Series C round of $27 million completed in August 2001. 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 1
- Last Round Series C — $27.0M
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First Round
First Round
(08 Aug 2001)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2001 | Amount | Series C - NaviNet | Valuation |
investors |
| 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 NaviNet
NaviNet has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Lumeris, NantHealth and Highmark. 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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US focused seed to growth stage VC firm
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Founded Year | Domain | Location | |
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Venture capital firm investing in life science and biotechnology sectors
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Founded Year | Domain | Location | |
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Commercial aircraft and equipment leasing and lending services are provided.
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Founded Year | Domain | Location |
| 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 NaviNet
NaviNet has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Prematics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Mobile based medication management and e-prescribe platform for health care providers
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - NaviNet
| 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 |
Navinet Comparisons
Competitors of NaviNet
NaviNet 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 Metriport, Verato, Artisight, eBlu Solutions and MRO, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of interoperability platform for healthcare providers
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| domain | founded_year | HQ Location |
Disparate identities are resolved, linked, and privatized via SaaS technology.
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| domain | founded_year | HQ Location |
IoT solutions for healthcare monitoring and fall prevention are provided.
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| domain | founded_year | HQ Location |
Administrative management solutions for healthcare professionals' support programs are provided.
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| domain | founded_year | HQ Location |
Secure PHI exchange solutions are provided for healthcare organizations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Navinet
Frequently Asked Questions about NaviNet
When was NaviNet founded?
NaviNet was founded in 1997 and raised its 1st funding round 4 years after it was founded.
Where is NaviNet located?
NaviNet is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is NaviNet a funded company?
NaviNet is a funded company, having raised a total of $27M across 1 funding round to date. The company's 1st funding round was a Series C of $27M, raised on Aug 08, 2001.
How many employees does NaviNet have?
As of Dec 31, 2015, the latest employee count at NaviNet is 262.
What does NaviNet do?
NaviNet is managed as a provider of healthcare technology solutions. Focus is placed on secure communication between healthcare providers and payers. The platform is designed to streamline administrative processes in the healthcare sector. Services are extended to support efficient data exchange and collaboration.
Who are the top competitors of NaviNet?
NaviNet's top competitors include Verato, eBlu Solutions and Artisight.
What products or services does NaviNet offer?
NaviNet offers NaviNet Platform.
How many acquisitions has NaviNet made?
NaviNet has made 1 acquisition, including Prematics.
Who are NaviNet's investors?
NaviNet has 8 investors. Key investors include Lumeris, NantHealth, Highmark, GE Capital, and Atlas Venture.
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