Nav Technologies

Nav Technologies

Financial health platform for small businesses

About Nav Technologies

Simplify's Rating
Why Nav Technologies is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Data & Analytics

Fintech

Company Size

51-200

Company Stage

Series C

Total Funding

$95.1M

Headquarters

South Jordan, Utah

Founded

2012

Overview

Nav Technologies offers a platform that helps small business owners monitor and improve their financial health, focusing on the small business lending market. The company's proprietary technology simplifies the process of understanding and selecting from various financing options by analyzing a business's financial status and providing insights. Nav acts as a marketplace, connecting small businesses with lenders and ensuring that financial data is accurate and organized for informed decision-making. The goal is to create a trusted path to financing for small businesses, enhancing their access to necessary funding.

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Simplify's Take

What believers are saying

  • Nav's new 'credit health experience' enhances business credit understanding and growth strategies.
  • Partnership with Fundbox eases capital access for small and medium-sized businesses.
  • Increased AI adoption improves Nav's credit health platform accuracy and speed.

What critics are saying

  • Increased competition from AI-driven platforms like Hello Alice threatens Nav's market position.
  • Open banking solutions may disrupt Nav's reliance on existing credit data frameworks.
  • New executive appointments could lead to strategic shifts misaligned with market demands.

What makes Nav Technologies unique

  • Nav offers a lender-neutral marketplace with over 100 business financing products.
  • Nav provides free access to credit reports from major credit bureaus.
  • Nav's proprietary technology simplifies understanding and choosing business financing options.

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Funding

Total Funding

$95.1M

Meets

Industry Average

Funded Over

5 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$45M
Nav Technologies
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Company equity

Unlimited PTO

Paid parental leave

Work from anywhere

Health, dental, & vision coverage

Learning & development

Pet insurance

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-5%

2 year growth

2%
PR Newswire
Feb 26th, 2025
Nav Adds Raquel Alexander As Chief Marketing Officer

SAN MATEO, Calif., Feb. 26, 2025 /PRNewswire/ -- Today, Nav, the leading credit and financial health platform for small businesses, announced that the company has added Raquel Alexander as its Chief Marketing Officer. In this role, Alexander will drive nationwide marketing efforts for the company, overseeing the team responsible for brand awareness, customer acquisition and communications, and product marketing

The Prescott Times
Feb 26th, 2025
Nav Adds Raquel Alexander as Chief Marketing Officer

SAN MATEO, Calif., Feb. 26, 2025 /PRNewswire/ - Today, Nav, the leading credit and financial health platform for small businesses, announced that the company has added Raquel Alexander as its Chief Marketing Officer.

PR Newswire
Jan 23rd, 2025
Nav Welcomes Grace Liu As Chief Financial Officer

SAN MATEO, Calif., Jan. 23, 2025 /PRNewswire/ -- Today, Nav, the leading credit and financial health platform for small businesses, announced that the company has added Grace Liu as its Chief Financial Officer. In this role, Liu will lead Nav's finance, data, legal, and compliance teams

The Grayer Firm
Sep 18th, 2024
Elevate Your Business with NAV: The Grayer Firm Offers Powerful Credit Tools for Entrepreneurs

Navigating the financial landscape of running a business is no small task, but The Grayer Firm is making it easier by partnering with NAV, the leading business credit platform.

PYMNTS
Apr 12th, 2024
Small Businesses, Air Transport Innovations Dominate This Week In B2B

There’s no business like a B2B business. And successful business-to-business (B2B) strategies — and the companies deploying them — are characterized by agility, innovation, and a focus on delivering value to customers while embracing the power of technology and collaboration. After all, today’s technologies offer more opportunities to optimize processes, improve accuracy, and uncover insights than ever before, helping drive better decision-making and business performance

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