Nav
Financial health hub for small businesses
To reduce the death rate of small businesses.
Employees
201-500
HQ Location
Shoreview, San Mateo, CA
OTTA INSIGHTS
Some candidates hear
back within 2 weeks
40% female employees
29% employee growth in 12 months
Theo Margolius
COO of Otta
Nav, previously known as Creditera, is a fintech aiming to help small and mid-sized businesses (SMBs) gain easy, transparent access to available financing and credit options.
Nav gives free access to personal and business credit reports from major consumer and commercial credit bureaus including Experian, Dun & Bradstreet, Equifax and TransUnion, and hosts a robust marketplace with more than 100 business financing products including loans and credit cards. Their emphasis on reducing administration for SMBs, and matching them with their best financing options, helped lighten a the workload for many SMBs applying for finance.
Nav is used by over a million SMBs across the United States. SMBs, albeit as a loose category, make up about 99% of firms nationwide, and over half of these firms report that needs like credit services are going unmet, especially so during a period of economic downturn. So the potential market in which Nav operates is fertile ground, and the company has been proving this through expansions and the acquisition of competitor Nuula in January 2023.
Last 2 fundraises
May 2017
$13.8m
SERIES B
Feb 2019
$45m
SERIES C
This company has top investors
Company benefits
Founders
Levi King
(Executive Chairman)They studied Business Administration before founding a raft of financial services companies. They are a Board Member of Flinks and Future Family, and were Nav's first CEO.
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