Navigine
2024 Revenue
$1.5M
Customers
1K
Funding
$0
YOY
108.6%
Avg ACV
$1.5K
Team
19
Founded
2011
How Navigine CEO Alexey Panyov grew Navigine to $1.5M revenue and 1K customers in 2024.
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.
Last updated
Navigine Revenue
In 2024, Navigine's revenue reached $1.5M. The company previously reported $695.3K in 2023. Since its launch in 2011, Navigine has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Navigine Hit $1.5m revenue in October 2024 |
| 2023 | Navigine Hit $695.3k revenue in November 2023 |
| 2022 | Navigine Hit $612k revenue in November 2022 |
| 2021 | Navigine Hit $540k revenue in November 2021 |
| 2021 | Navigine Hit $540k revenue in April 2021 |
| 2020 | Navigine Hit $240k revenue in December 2020 |
| 2011 | Launched with $0 revenue |
Navigine Valuation, Funding Rounds
Navigine is a bootstrapped IoT Platforms startup. Founded in 2011, Navigine has grown to $1.5M in revenue without raising any venture capital or outside funding.
As a self-funded IoT Platforms SaaS company, Navigine has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Navigine Employees & Team Size
Navigine employs approximately 19 people as of 2026.
Navigine has 19 total employees in different roles and functions and 1 sales reps that carry a quota. They have 1K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 19 employees (October 2024) |
| 2023 | Reached 19 employees (November 2023) |
| 2022 | Reached 17 employees (November 2022) |
| 2021 | Reached 15 employees (November 2021) |
| 2021 | Reached 15 employees (April 2021) |
| 2020 | Reached 14 employees (November 2020) |
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Navigine acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Navigine
What is Navigine's revenue?
Navigine generates $1.5M in revenue.
Who founded Navigine?
Navigine was founded by Alexey Panyov.
Who is the CEO of Navigine?
The CEO of Navigine is Alexey Panyov.
How much funding does Navigine have?
Navigine raised $0.
How many employees does Navigine have?
Navigine has 19 employees.
Where is Navigine headquarters?
Navigine is headquartered in Germany.
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Compare Navigine to the industry
Navigine operates across multiple industries. Browse revenue, funding, and growth data for Navigine 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 .