Navigine revenue hit $540K in 2023

Navigine generates revenue from 1000 customers

Navigine

Navigine

Germany

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How Navigine hit $540K revenue and 1K customers in 2023.

Developer of an indoor navigation and tracking platform designed to precisely track indoor positioning. The company's indoor navigation and tracking platform is based on Bluetooth LE/Wi-Fi/UWB infrastructure using integrated positioning technologies, enabling developers and system integrators to create mobile applications and integrated enterprise systems for people navigation as well as asset and vehicles tracking.

Founded

2011

Founded

Revenue

$540K

2023 Revenue

YOY
13.6%

YOY

Funding

$1.7M

Funding


Navigine Revenue

In 2023, Navigine revenue run rate hit $540K in revenue.

  • 2023

    Navigine hit $695.3K in revenue in 2023

  • 2022

    Navigine hit $612K in revenue in 2022

  • 2021

    Navigine hit $540K in revenue in 2021

  • 2021

    Navigine hit $540K in revenue in 2021

  • 2020

    Navigine hit $240K in revenue in 2020

  • 2011

    Navigine launched in 2011 with $0 revenue


Team

Navigine has 19 total employees and 1 sales reps that carry a quota. They have 1,000 customers an engineering team of 3 and a marketing team of 2.

DISTRIBUTION QTY
Total team size
19
Engineer
3(16%)
Sales
1(5%)
Marketing
2(11%)

Founder / CEO

Alexey Panyov

Cofounder and Chief Executive Officer at Navigine.com. Enterprise Indoor Positioning Platform that transforms your navigation&security systems from expensive headache to a source of income. Inside our platform we are using stack of hardware technologies to provide our clients with best services. I was engaged in various navigation projects in defense area - development of navigation systems for aircrafts, underwater,underground moving objects and vehicles. PhD in Physics and Mathematics, Senior researcher at Laboratory of Control and Navigation. More than 10 publications and reports on specialized conferences More than 5 years of working experience in software development for mobile complexes navigation.

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Customers

Navigine has 1K customers.

Lifetime Months

-

x

Monthly ARPU

$45

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

$540


Navigine Executives

Name Position Working Email Personal Email
Alexey Panyov CEO alexey.panyov@navigine.com -

Navigine Employees

Name Position Working Email Personal Email
Alexey Panyov CEO alexey.panyov@navigine.com -


Frequently Asked Questions about Navigine

When was Navigine founded?

Navigine was founded in 2011.

How much revenue does Navigine generate?

Navigine generates $540K in revenue.

Who is the CEO of Navigine?

The CEO of Navigine is Alexey Panyov.

How much funding does Navigine have?

Navigine raised $1.7M.

How many employees does Navigine have?

Navigine has 19 employees.

Where is Navigine headquarters?

Navigine is headquartered at Germany