# NavVis

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/navvis

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.navvis.com
- Total disclosed funding: $157M
- Latest round: Series D (Aug 6, 2026)
- Investors on record: 7

## About

NavVis GmbH develops innovative 3D laser scanning solutions and digital twin technology, enhancing spatial data accuracy for industries such as construction and manufacturing through products like the NavVis LX-Series and IVION. Founded in 2013 in Munich, Germany, NavVis GmbH focuses on creating advanced 3D scanning solutions. The company was established by Felix Reinshagen, Georg Schroth, Robert Huitl, and Sebastian Hilsenbeck. Its current CEO is Evan McPhee. In August 2026, NavVis GmbH raised USD 85 million in series D funding led by new investor TJC. Returning investors 
MIG Capital, Target Partners, Yttrium, Kozo Keikaku Engineering, Inc., Cipio Partners, and other unspecified investors also participated in the round.
NavVis specializes in advanced laser scanning solutions and digital twin technology, primarily represented through its flagship products, the NavVis LX-Series and NavVis IVION. The LX-Series offers superior accuracy by utilizing precision SLAM technology, allowing users to capture high-definition scan data from various surveying devices, whether handheld or wearable. This technology is particularly beneficial for industries such as surveying, construction, and manufacturing, where accurate spatial data is crucial for project execution and planning. NavVis IVION serves as a platform that transforms the captured point clouds and panoramic images into accessible digital twins and virtual sites, facilitating seamless integration into existing workflows for connected planning and decision-making. The company's solutions are utilized by a diverse client base across North America, Europe, and Asia, enhancing operational efficiency and data management in various projects.
NavVis generates revenue through direct sales of its products and subscription services associated with its software platform, NavVis IVION. The transaction structure typically involves B2B agreements where businesses purchase hardware, such as the NavVis VLX series, alongside subscriptions for software services that enhance their surveying capabilities. NavVis reported an EBITDA of EUR 41.731 mn for the year 2022.
The company plans to utilize the August 2026 funding to expand its spatial data platform, advance AI development, and grow its U.S. market presence.

## Funding rounds

- Series D, Aug 6, 2026, $85M — TJC, Target Partners, Cipio Partners, MIG Capital, Yttrium, Kozo Keikaku Engineering, Inc.
- Series C, Nov 15, 2021, $29M — Target Partners, Cipio Partners, BayBG, MIG Capital, Yttrium, Kozo Keikaku Engineering, Inc.
- Series C, Dec 10, 2018, $36M — Target Partners, BayBG, MIG Capital, Yttrium, Kozo Keikaku Engineering, Inc.
- Series B, Dec 15, 2015, $8.1M — Target Partners, BayBG, MIG Capital

## Investors

- Target Partners (https://capitalatlas.ai/funds/target-partners) — Series B, Series C, Series D
- BayBG (https://capitalatlas.ai/funds/baybg) — Series B, Series C
- MIG Capital (https://capitalatlas.ai/funds/mig-capital) — Series B, Series C, Series D
- Yttrium (https://capitalatlas.ai/funds/yttrium) — Series C, Series D
- Kozo Keikaku Engineering, Inc. — Series C, Series D
- Cipio Partners (https://capitalatlas.ai/funds/cipio-partners) — Series C, Series D
- TJC (https://capitalatlas.ai/funds/tjc) — Series D