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How LocoNav CEO Samit Srivastava grew LocoNav to $48.7M revenue with a 388 person team in 2024.

LocoNav is a full stack fleet software company used to deliver a single platform to run and manage fleet operations with ease.

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LocoNav Revenue

In 2024, LocoNav's revenue reached $48.7M. The company previously reported $25.4M in 2023. Since its launch in 2015, LocoNav has shown consistent revenue growth.

LocoNav Revenue GrowthReported revenue / ARR by year$0$13M$25M$38M$50M$63M201520172019202120232024$0$24M$25M$49MSource: GetLatka.com
YearMilestone
2024LocoNav Hit $48.7m revenue in October 2024
2023LocoNav Hit $25.4m revenue in October 2023
2021LocoNav Hit $23.5m revenue in June 2021
2015Launched with $0 revenue

LocoNav Valuation, Funding Rounds

LocoNav has not publicly disclosed its valuation. The company has raised $37M in total funding to date.

LocoNav has raised $37M in total funding across 1 round, with its most recent round in 2021.

LocoNav Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$10M$20M$30M$40M20152016201720182019202020212015 cumulative: $0 • 2015 Founded: $02021 cumulative: $37M • 2015 Founded: $0 • 2021 Funding round: $37M$37M2015 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Funding round$37M--

LocoNav Employees & Team Size

LocoNav employs approximately 388 people as of 2026, down from 416 in 2024.

LocoNav has 388 total employees in different roles and functions and 82 sales reps that carry a quota.

LocoNav Team GrowthReported headcount over time015030045060075020152017201920212023202500388388Source: GetLatka.com
YearMilestone
2025Reached 388 employees (January 2025)
2024Reached 416 employees (October 2024)
2023Reached 533 employees (October 2023)
2022Reached 683 employees (October 2022)
2021Reached 592 employees (December 2021)
2021Reached 305 employees (June 2021)

Founder / CEO

Samit Srivastava

An entrepreneur since 20, Shridhar was on the founding team of Fitho, leading fitness tech platform. In 2015, he led sales and partnership at ClearTax, India’s first Y-Combinator product, backed by SAIF Partners and Sequoia Capital.

Q&A

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Customers

We do not have customer count information for LocoNav yet.

Frequently Asked Questions about LocoNav

What is LocoNav's revenue?

LocoNav generates $48.7M in revenue.

Who founded LocoNav?

LocoNav was founded by Samit Srivastava.

Who is the CEO of LocoNav?

The CEO of LocoNav is Samit Srivastava.

How much funding does LocoNav have?

LocoNav raised $37M.

How many employees does LocoNav have?

LocoNav has 388 employees.

Where is LocoNav headquarters?

LocoNav is headquartered in San Fracisco, California, United States.

Compare LocoNav to the industry

LocoNav operates across multiple industries. Browse revenue, funding, and growth data for LocoNav in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

LocoNav Revenue 2024: $48.7M ARR, $37M Raised