About Navionics
Navionics is a company based in Massarosa (Italy) founded in 1984 by Giuseppe Carnevali was acquired by Garmin International in October 2017.. The company has 266 employees as of April 08, 2024. Navionics has completed 1 acquisition, including Wavey Line Publishing. Navionics operates in a competitive market with competitors including Savvy Navvy, Hensoldt, ChartCo, Seadronix and Vatn Systems, among others.
- Headquarter Massarosa, Italy
- Employees 266 as on 08 Apr, 2024
- Founders Giuseppe Carnevali
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Garmin Technologies Private Limited
- Date of Incorporation 05 Jan, 2001
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$6.61 M (USD)43.76as on Mar 31, 2023
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Net Profit
$471.15 K (USD)45.3as on Mar 31, 2023
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EBITDA
$1.63 M (USD)39.43as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
266
as on Apr 08, 2024
- Investments & Acquisitions
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Acquired by
Garmin International
(Oct 25, 2017)
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Sales and Marketing
67 people
Software Development Team
52 people
Senior Team
24 people
Leadership Team
17 people
Product Management Team
12 people
Finance and Accounting
12 people
Team Team
8 people
Creative and Marketing Team
5 people
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Funding Insights of Navionics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Navionics
Navionics has secured backing from 1 investor. Prominent investors backing the company include Garmin International. 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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Smart fitness trackers and watches are developed for performance monitoring.
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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 Navionics
Navionics has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Wavey Line Publishing. 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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Marine operations are managed in the Bahamas location.
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| 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 - Navionics
| 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 |
Navionics Comparisons
Competitors of Navionics
Navionics 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 Savvy Navvy, Hensoldt, ChartCo, Seadronix and Vatn Systems, 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 |
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| domain | founded_year | HQ Location |
Provider of a mobile app for marine navigation
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| domain | founded_year | HQ Location |
Developer of integrated air surveillance radar for the military and defence industry
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| domain | founded_year | HQ Location |
Digital navigation and maritime compliance services are offered.
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| domain | founded_year | HQ Location |
AI-powered autonomous navigation systems for ships are provided.
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| domain | founded_year | HQ Location |
Developer of autonomous underwater vehicles
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Navionics
Frequently Asked Questions about Navionics
When was Navionics founded?
Navionics was founded in 1984.
Where is Navionics located?
Navionics is headquartered in Massarosa, Italy. It is registered at Massarosa, Tuscany, Italy.
Who is the current CEO of Navionics?
Giuseppe Carnevali is the current CEO of Navionics. They have also founded this company.
How many employees does Navionics have?
As of Apr 08, 2024, the latest employee count at Navionics is 266.
What is the annual revenue of Navionics?
Annual revenue of Navionics is $6.61M as on Mar 31, 2023.
What does Navionics do?
Navionics provides boat owners and marine vessel owners with maps and app to assist in navigation and marine vessel operations. The company provides sensors and products for GPS plotter charts and mobile apps to assist in outdoor activities like boating, hiking and skiing. The companys charting products help users plot and update their GPS locations, navigate and define routes.
Who are the top competitors of Navionics?
Navionics's top competitors include Hensoldt, Savvy Navvy and Seadronix.
How many acquisitions has Navionics made?
Navionics has made 1 acquisition, including Wavey Line Publishing.
Who are Navionics's investors?
Navionics has 1 investor. Key investors include Garmin International.