# Navture Apps

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/navture-apps

- Industry: Software
- Headquarters: Helsinki, Finland
- Website: www.proximi.io
- Total disclosed funding: $0.3M
- Latest round: Seed (Dec 21, 2015)
- Investors on record: 2

## About

Navture Apps Oy specializes in indoor navigation technology, offering a sophisticated platform that enhances user experience through innovative mapping and positioning solutions for various venues.Founded in 2014 in Helsinki, Finland, Navture Apps Oy provides an advanced indoor navigation solution that aids users in navigating complex spaces. The company has received funding through multiple rounds, including a SEED round in April 2017, raising EUR 0.300 mn from investors, including Finnish Business Angels Network and Pivot5. The CEO of the company is Annina Koskiola, whose background in technology and entrepreneurship contributes to the firm’s strategic direction.Proximi.io, the platform offered by Navture Apps Oy, provides an advanced indoor navigation and positioning platform designed to enhance user experiences in various venues, including amusement parks, malls, and other public spaces. Central to their service is an API-first system that enables businesses to create and manage interactive maps, providing stunning 2D and 3D visualizations tailored to specific branding needs. The platform incorporates AI-powered search and intelligent routing features, allowing users to receive step-by-step navigation assistance across multi-level buildings or complexes. Proximi.io’s technology is versatile and can be extended to outdoor navigation, enabling a seamless journey from home to the venue. The company serves a diverse clientele, including businesses that require customized solutions for their facilities in markets such as Europe, North America, and the Middle East.In 2023, Navture Apps Oy reported a revenue of EUR 306,771.20, with an EBITDA of EUR 59,905.60. The company generates revenue through subscription-based models and partnerships with businesses aiming to implement indoor navigation technology, integrating Proximi.io’s services into their applications.Navture Apps Oy plans to leverage its recent funding round from April 2017 to further develop its product offerings and expand its market presence. The company is actively working on enhancing its navigation platform and aims to enter new geographic markets, particularly in Asia and Latin America, by 2025. The funding will support research and development initiatives to innovate its product line while preparing for the potential expansion into these targeted regions.

## Funding rounds

- Seed, Dec 21, 2015, $0.3M — Pivot5, Finnish Business Angels Network

## Investors

- Pivot5 (https://capitalatlas.ai/funds/pivot5) — Seed
- Finnish Business Angels Network — Seed