# Navv Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/navv-systems

- Industry: Software
- Headquarters: Detroit, US
- Website: www.navv-systems.com
- Total disclosed funding: $8.7M
- Latest round: Series A (Aug 18, 2022)
- Investors on record: 6

## About

Navv Systems, Inc. is a US-based company specializing in advanced fleet management solutions, providing precise indoor location tracking for mobile technology assets.Founded in 2018 and headquartered in Detroit, US, Navv Systems, Inc. focuses on fleet management technology. The company has raised USD 5.5 mn in its Series A funding round on August 18, 2022, led by Arboretum Ventures with participation from other investors. The current CEO is Daniel Siegal.NavvTrack specializes in advanced fleet management solutions, primarily through its flagship product that offers precise indoor location tracking for iOS devices. This technology enhances operational efficiency by facilitating the management and security of fleet assets. NavvTrack addresses critical use cases such as asset recovery and improved safety protocols, serving a diverse range of sectors from logistics to healthcare.NavvTrack generates revenue through a subscription-based model, providing clients access to tracking services tailored to their operational needs. Clients subscribe to varying service tiers that include features like real-time tracking and reporting metrics, accommodating both small enterprises and larger corporations.In August 2022, Navv Systems, Inc. raised USD 5.5 mn in Series A funding to expand the capabilities of its healthcare-focused indoor navigation platform, NavvTrack. The company aims to enhance its product offerings and is exploring expansion into new markets. Specific geographical regions targeted for growth have not been detailed, but the funding will support the development of advanced location services.

## Funding rounds

- Series A, Aug 18, 2022, $5.5M — Arboretum Ventures, Detroit Venture Partners, Red Cedar Ventures, Narrow Gauge Venture Syndicate, Michigan Rise
- Seed, Jun 6, 2021, $3.2M — Arboretum Ventures, Detroit Venture Partners, Narrow Gauge Capital

## Investors

- Arboretum Ventures (https://capitalatlas.ai/funds/arboretum-ventures) — Seed, Series A
- Detroit Venture Partners (https://capitalatlas.ai/funds/detroit-venture-partners) — Seed, Series A
- Narrow Gauge Capital (https://capitalatlas.ai/funds/narrow-gauge-capital) — Seed
- Red Cedar Ventures (https://capitalatlas.ai/funds/red-cedar-ventures) — Series A
- Narrow Gauge Venture Syndicate (https://capitalatlas.ai/funds/narrow-gauge-venture-syndicate) — Series A
- Michigan Rise (https://capitalatlas.ai/funds/michigan-rise) — Series A