NAVIT

Berlin, Germany Founded: 2003 • Age: 23 yrs
Cloud based mobility budget platform for enterprise
Annual revenue - Latest available
Total funding $3.8M 2 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About NAVIT

NAVIT is a company based in Berlin (Germany) founded in 2003 by Rene Braun and Martin Miodownik. NAVIT has raised $3.85 million across 2 funding rounds from investors including Lufthansa Group, Assembly Ventures and Rethink Ventures. NAVIT offers products and services including Mobilitäts-App, Mobilitätsbudget, Bikeleasing, Deutschland-Jobticket, and Dashboard. NAVIT operates in a competitive market with competitors including Topia, Tripeur, Paytrack, UrbanBound and Benivo, among others.

  • Headquarter Berlin, Germany
  • Founders Rene Braun, Martin Miodownik
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Rydes Gmbh
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.85 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.85 M (USD), Seed

    Apr 24, 2023

  • Investors
  • Employee Count
    Not available
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Products & Services of NAVIT

NAVIT offers a comprehensive portfolio of products and services, including Mobilitäts-App, Mobilitätsbudget, Bikeleasing, Deutschland-Jobticket, and Dashboard.

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Primary

App for employees to access and use mobility benefits flexibly.

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Tool for allocating tax-optimized mobility funds to staff.

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Service for simple employee bike leasing and integration.

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Platform for managing public transport tickets with employer support.

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Interface for HR to oversee mobility programs and reports.

Funding Insights of NAVIT

NAVIT has successfully raised a total of $3.85M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.85 million completed in April 2023. 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.

Investors in NAVIT

NAVIT has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Lufthansa Group, Assembly Ventures and Rethink Ventures.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
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Early-stage investments are made in mobility and logistics tech.
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Investments in tech companies are managed by Futury Capital.
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Investor details for NAVIT

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  • Investor domains
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Investments & Acquisitions by NAVIT

Investments
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Investment portfolio details for NAVIT

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  • Portfolio identities
  • Transaction dates
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Financial Statements - NAVIT

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Detailed financials for NAVIT

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Navit Comparisons

NAVIT Primary company
Description
Cloud based mobility budget platform for enterprise
Location
Berlin, Germany
Founded Year
2003
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for NAVIT

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Competitors of NAVIT

NAVIT 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 Topia, Tripeur, Paytrack, UrbanBound and Benivo, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based management of mobile workforces and employee relocations is facilitated.
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AI and cloud-driven corporate travel management solutions are provided.
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Online expense management and reimbursement software is offered for enterprises.
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Web-based software for managing employee relocations is offered.
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Employee mobility is managed via a cloud-based platform.
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Salary comparisons and relocation support are offered to candidates.
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Detailed competitors of NAVIT

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Latest news on Navit

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Complete news archive for NAVIT

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Frequently Asked Questions about NAVIT

NAVIT was founded in 2003 and raised its 1st funding round 19 years after it was founded.

NAVIT is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Rene Braun is the current CEO of NAVIT. They have also founded this company.

NAVIT is a funded company, having raised a total of $3.85M across 2 funding rounds to date.

Cloud based mobility budget platform for enterprise. The platform allows companies to organize the teams mobility in one place. The platform offers access to mobility options with the application which include ride hailing, bike and car share, public transport, and bike leasing.

NAVIT's top competitors include Tripeur, Paytrack and Benivo.

NAVIT offers Mobilitäts-App, Mobilitätsbudget, Bikeleasing, Deutschland-Jobticket, and Dashboard.

NAVIT has 11 investors. Key investors include Lufthansa Group, Assembly Ventures, Rethink Ventures, Futury Capital, and FORWARD31.

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