NavTrac Overview
- Year Founded
-
2014
- Status
-
Acquired/Merged
- Employees
-
14
- Latest Deal Type
-
M&A
NavTrac General Information
Description
Developer of an artificial intelligence-powered yard management system designed to leverage computer vision and track physical assets. The company's platform reimagines yard operations through automation and data-driven optimization, enabling businesses to detect damage, route drivers to automate yard operations and maintain real-time inventory data more cost-effectively than manual systems.
Contact Information
Website
www.navtrac.com(Operating Subsidiary)
Corporate Office
- Los Angeles, CA
- United States
Corporate Office
- Los Angeles, CA
- United States
NavTrac Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 28-Sep-2023 | Completed | Generating Revenue | |||
| 6. Seed Round | 08-Feb-2022 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 18-Mar-2021 | Completed | Generating Revenue | |||
| 4. Seed Round | 30-Dec-2020 | Completed | Generating Revenue | |||
| 3. Seed Round | 25-Jan-2019 | Completed | Generating Revenue | |||
| 2. Secondary Transaction - Private | 01-Jan-2018 | $793K | Completed | Generating Revenue | ||
| 1. Accelerator/Incubator | 22-Aug-2016 | $793K | $793K | Completed | Startup |
NavTrac Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed+2 | ||||||||
| Seed + | ||||||||
| Seed-3 | ||||||||
| Seed-2 | 3,245,338 | $0.000010 | $0.01 | $0.2 | $0.2 | 1x | $0.2 | 4.69% |
| Seed-1 | 7,516,589 | $0.000010 | $0.01 | $0.23 | $0.23 | 1x | $0.23 | 10.86% |
NavTrac Comparisons
Industry
Financing
Details
NavTrac Competitors (4)
One of NavTrac’s 4 competitors is FourKites, a Venture Capital-Backed company based in Chicago, IL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| FourKites | Venture Capital-Backed | Chicago, IL | ||||
| Kaleris | Private Equity-Backed | Alpharetta, GA | ||||
| Yard Management Solutions | Corporation | Duluth, GA | ||||
| Royal 4 Systems | Private Equity-Backed | Long Beach, CA |
NavTrac Patents
NavTrac Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20250069401-A1 | Systems and methods of image analysis for automated object location detection and management | Pending | 23-Dec-2021 | ||
| WO-2023122708-A1 | Systems and methods of image analysis for automated object location detection and management | Inactive | 23-Dec-2021 |
NavTrac Signals
NavTrac Former Investors (29)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alumni Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Blumberg Capital | Venture Capital | Minority | ||
| BootstrapLabs | Venture Capital | Minority |
NavTrac FAQs
-
When was NavTrac founded?
NavTrac was founded in 2014.
-
Where is NavTrac headquartered?
NavTrac is headquartered in Los Angeles, CA.
-
What is the size of NavTrac?
NavTrac has 14 total employees.
-
What industry is NavTrac in?
NavTrac’s primary industry is Business/Productivity Software.
-
Is NavTrac a private or public company?
NavTrac is a Private company.
-
What is NavTrac’s current revenue?
The current revenue for NavTrac is .
-
How much funding has NavTrac raised over time?
NavTrac has raised $9.3M.
-
Who are NavTrac’s investors?
Alumni Ventures, , , Blumberg Capital, and BootstrapLabs are 5 of 29 investors who have invested in NavTrac.
-
Who are NavTrac’s competitors?
FourKites, Kaleris, Yard Management Solutions, and Royal 4 Systems are competitors of NavTrac.
-
When was NavTrac acquired?
NavTrac was acquired on 28-Sep-2023.
-
Who acquired NavTrac?
NavTrac was acquired by Loadsmart.
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