• Edit
Get premium to view all results
DateInvestorsAmountRound
investor investor investor investor

€0.0

round
investor

€0.0

round
N/A

€0.0

round
N/A

$2.1m

Growth Equity VC
Total Funding000k
Notes (0)
More about navmii
Made with AI
Edit

Founded in 2007 by Peter Atalla, Andrey Trifonov, and Matt Thornhill, Navmii is a London-based company specializing in mapping, navigation, and location-based services. Atalla, a serial entrepreneur with over two decades of experience in the mapping and GIS industry, brought significant expertise to the venture, having previously scaled another technology company and secured major sales contracts. His background in applied physics and extensive experience in cloud computing and AI have shaped Navmii's direction.

Navmii operates a multifaceted business model, serving both consumers and enterprises. For individual users, the company offers a free mobile GPS navigation app that provides smart turn-by-turn directions, real-time traffic updates, and community hazard reporting. The app leverages OpenStreetMap (OSM) as its foundation, a commitment underscored by the strategic advisory role of OSM's founder, Steve Coast. A key feature is its ability to function offline using GPS, making it reliable in areas with poor connectivity.

The company's revenue is generated through its suite of B2B solutions and services. Navmii develops and sells automotive-grade digital and HD map data, created using a combination of open data, crowdsourced information, and AI-powered computer vision techniques. It has amassed over 2 billion miles of driving data to enhance its map datasets. For corporate clients, Navmii provides a Navigation SDK and APIs, allowing businesses to integrate mapping, search, and navigation into their own mobile and web applications. The company also offers specialized solutions for fleet management and logistics through its "Navmii Tracker" product, which enables real-time vehicle tracking, driver behavior monitoring, and detailed reporting to improve operational efficiency. Another revenue stream comes from its business listings directory, where companies can pay to enhance their visibility to Navmii's user base.

Navmii's product portfolio extends to an AI DashCam application that analyzes the road ahead, offering features like forward-collision warnings and driver scoring. The company caters to a diverse client base, including individual drivers, fleet operators, logistics companies, and automotive manufacturers. Since its inception, Navmii has secured $4.25 million in funding over two rounds, with the latest being a Series A round in July 2012.

Keywords: navigation app, mapping services, location-based services, fleet management, automotive telematics, OpenStreetMap, GPS navigation, real-time traffic, AI dashcam, map data, location SDK, driver scoring, vehicle tracking, logistics software, HD mapping, crowdsourced data, turn-by-turn navigation, offline maps, business directory, location intelligence

Analytics
Unlock the full power of analytics with a premium account
Track company size and historic growth
Track team composition and strength
Track website visits and app downloads

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.
Book a Demo

Investments by navmii

Edit