About Navmatic
Navmatic is a company based in Palo Alto (United States) founded in 2019 by Boaz Mamo was acquired by Superpedestrian in July 2021.. Navmatic has raised $4 million across 1 funding round from investors including Lear Corporation, Superpedestrian and UpWest.
- Headquarter Palo Alto, United States
- Founders Boaz Mamo
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Series A
Jun 09, 2020
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Investors
Lear Corporation
& 3 more
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Employee Count
Employee Count
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Acquired by
Superpedestrian
(Jul 20, 2021)
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Funding Insights of Navmatic
Navmatic has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in June 2020. 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 A — $4.0M
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First Round
First Round
(09 Jun 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Series A - Navmatic | Valuation | Lear Corporation |
| 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 Navmatic
Navmatic has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Lear Corporation, Superpedestrian and UpWest. 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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Venture capital funding is provided by UpWest to tech startups.
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Founded Year | Domain | Location | |
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Early-stage mobility ventures are supported by Next Gear Ventures.
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Founded Year | Domain | Location | |
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Major automotive components are manufactured and supplied globally.
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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 Navmatic
| 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 |
Financial Statements - Navmatic
| 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 |
Navmatic Comparisons
Competitors of Navmatic
| 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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Frequently Asked Questions about Navmatic
When was Navmatic founded?
Navmatic was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Navmatic located?
Navmatic is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Navmatic?
Boaz Mamo is the current CEO of Navmatic. They have also founded this company.
Is Navmatic a funded company?
Navmatic is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on Jun 09, 2020.
What does Navmatic do?
Navmatic was established in 2019 in Palo Alto, United States, within the navigation technology sector. Cloud-based tools are developed and offered to support routing and guidance functions. Operations are centered on software solutions that enable real-time navigation via online platforms. The company is led by Co-Founder and CEO Boaz Mamo, with services targeted at users requiring digital mapping and path optimization in various applications.
Who are Navmatic's investors?
Navmatic has 4 investors. Key investors include Lear Corporation, Superpedestrian, UpWest, and Next Gear Ventures.