Navtor

Egersund, Norway Founded: 2012 • Age: 14 yrs Acquired By Accel-KKR
Vessel tracking and e-navigation services are provided for maritime operations.

About Navtor

Navtor is a company based in Egersund (Norway) founded in 2012 was acquired by Accel-KKR in August 2020.. Navtor has completed 2 acquisitions, including Ingenium Marine and Tres Solutions. Navtor offers products and services including NavStation, NavFleet, NavBox, and NavTracker. Navtor operates in a competitive market with competitors including Samsara, TomTom, Radius, NavInfo and GreenRoad, among others.

  • Headquarter Egersund, Norway
  • Sectors
    Technology
    Industrial Goods & Manufacturing Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Navtor As
Operational Areas
Technology → Geospatial, Imaging & Sensing Technology
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Transportation, Automotive & Logistics → Maritime, Ports & Shipping
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Accel-KKR

    (Aug 27, 2020)

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Products & Services of Navtor

Navtor offers a comprehensive portfolio of products and services, including NavStation, NavFleet, NavBox, and NavTracker. 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.

Primary

Tool for passage planning and navigation in maritime operations

System for monitoring vessel performance and emissions

Platform for smart and secure shipping management

Service for real-time fleet location and tracking

People of Navtor
Headcount 50-200
Employee Profiles 42
Employee Profiles
People
Katja Reinkowski
Product Manager
People
Anders Holme
CTO
People
Tetyana Kholodna
Data&analytics Team Lead
People
Monika Modelska
Software Developer

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Funding Insights of Navtor

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Navtor

Navtor has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Accel-KKR. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments are focused on mid-market software and technology-enabled services firms.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Navtor

Navtor has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Ingenium Marine and Tres Solutions. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of data analytics and software development services
2018
Marina fuel management platform
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Navtor

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Navtor Comparisons

Employees
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Competitors of Navtor

Navtor 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 Samsara, TomTom, Radius, NavInfo and GreenRoad, 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.

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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Navtor

Frequently Asked Questions about Navtor

When was Navtor founded?

Navtor was founded in 2012.

Where is Navtor located?

Navtor is headquartered in Egersund, Norway. It is registered at Egersund, Rogaland, Norway.

What does Navtor do?

Navtor was established in 2012 in Egersund, Norway, focusing on the maritime sector. E-navigation technology is delivered to streamline tasks and manage operations for navigators and shipowners. Solutions include digital and paper charts, weather routing, and fleet management tools that enable real-time cost and performance control. The platform supports online vessel tracking to enhance operational efficiency across global shipping activities.

Who are the top competitors of Navtor?

Navtor's top competitors include Samsara, Radius and TomTom.

What products or services does Navtor offer?

Navtor offers NavStation, NavFleet, NavBox, and NavTracker.

How many acquisitions has Navtor made?

Navtor has made 2 acquisitions, including Ingenium Marine, and Tres Solutions.

Who are Navtor's investors?

Navtor has 1 investor. Key investors include Accel-KKR.

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