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
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Sectors
Technology
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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 Rydes Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.85 M (USD)
in 2 rounds
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Latest Funding Round
$3.85 M (USD), Seed
Apr 24, 2023
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Investors
Lufthansa Group
& 10 more
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Employee Count
Employee Count
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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.
App for employees to access and use mobility benefits flexibly.
Tool for allocating tax-optimized mobility funds to staff.
Service for simple employee bike leasing and integration.
Platform for managing public transport tickets with employer support.
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $3.8M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2023 | Amount | Seed - NAVIT | Valuation | Assembly Ventures , Rethink Ventures | |
| May, 2022 | Amount | Seed - NAVIT | Valuation | Lufthansa Innovation Hub , Forward31 |
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.
| Investor | Description | Founded Year | Domain | Location |
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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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Founded Year | Domain | Location |
Investments & Acquisitions by NAVIT
Financial Statements - NAVIT
Navit Comparisons
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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| domain | founded_year | HQ Location |
AI and cloud-driven corporate travel management solutions are provided.
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| domain | founded_year | HQ Location |
Online expense management and reimbursement software is offered for enterprises.
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| domain | founded_year | HQ Location |
Web-based software for managing employee relocations is offered.
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| domain | founded_year | HQ Location |
Employee mobility is managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
Salary comparisons and relocation support are offered to candidates.
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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 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.