Navegate, Inc.
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Navegate, Inc. - overview
Established
1969
Location
Mendota Heights, MN, US
Primary Industry
Software
About
Navegate, Inc. enhances supply chain logistics with advanced technology solutions, specializing in transportation optimization and freight management to streamline operations for businesses across various industries. Founded in 1969 and headquartered in Mendota Heights, US, Navegate, Inc. offers innovative logistics solutions.
In December 2021, it was fully acquired by Radiant Logistics, Inc. from several investors including Next Coast Ventures and Relay Investments. The acquisition aimed to bolster Navegate's logistics capabilities to better meet client demands. Navegate, Inc.
specializes in optimizing supply chain logistics through technology and consulting. Its core offerings include software tools for transportation and freight management, catering to clients across industries such as retail, manufacturing, and e-commerce. The company focuses on enhancing visibility and efficiency in logistics processes for a global client base, particularly in North America, Europe, and Asia. Navegate, Inc.
generates revenue through service contracts and subscription models related to its logistics technology solutions. Clients partner through B2B agreements, utilizing Navegate's proprietary software tools for freight and transportation management. Revenue arises from both one-time fees and recurring subscription payments, accommodating diverse business needs and operational scales. Following its acquisition in December 2021, Navegate, Inc.
plans to leverage Radiant Logistics' resources to enhance its logistics solutions. The company aims to develop new products tailored for specific markets, with detailed timelines yet to be announced. Expansion into additional international markets is also anticipated, reflecting the upward trajectory of its operational strategy and client service improvements.
Primary Industry
Software
Sub Industries
Logistics & Distribution, Logistics Software
Website
www.navegate.com
Verticals
IoT (Internet of Things)
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Navegate, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Navegate, Inc. | - | ||||||||
| Recapitalisation | Completed | Navegate, Inc. | - |
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