Navent

Navent.
Private
Industry Classifieds
Founded 2010
Founder Nicolas Tejerina
Number of employees
 approx. 500
Website navent.com

Navent Group is a Latin-American Internet company that owns and operates several real estate and jobs sites across the region.[1][2] Navent currently operates in 13 countries and has over 16 million individual monthly users.[3]

History

Navent Group was established to provide the highest quality jobs and real estate online listings to people living in Latin America, as a majority of listings in the region are currently only available in print.[2] The company was founded in 2010 with a mission to help its users find work and housing options.[4] It owns five job classifieds websites: Bumeran, Konzerta, Multitrabajos, UniversoBit, and Curriculum, the most popular of which is Bumeran.com.[1][5] Bumeran has over 5 million individual users per month and lists over 50,000 job postings.[6][7]

Navent also owns and manages Imovelweb (Brazil), Inmuebles24 (Mexico), Adondevivir (Peru), Plusvalia (Ecuador), and Compreoalquile (Panama), which are the leading real estate sites in their respective countries.[3][8] Navent currently has a strong presence in Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, Mexico, Panama, Peru, Uruguay, Venezuela, and the Dominican Republic.[6][9] It is headquartered in Buenos Aires, Argentina.[1][10] Navent's CEO, Nicolas Tejerina, states that Navent’s goal is to be the leading provider of Internet employment and housing listings in Latin America.[11]

Funding

As of January 2013, Navent has received $70 million in venture capital.[1] In November 2012, the company received $30 million in incremental funding from Riverwood Capital and Tiger Global Management.[4][7] It is using the funding from Riverwood Capital and Tiger Global Management to develop and expand its geographic presence and strengthen its operations in the region.[12]

See also

References

  1. 1 2 3 4 "Navent". Privco. Retrieved 22 February 2013.
  2. 1 2 Gage, Deborah. "Latin America's Navent Adds $30M for Online Real Estate and Jobs Listings". Angelo, Gordon & Co. Retrieved 22 February 2013.
  3. 1 2 Lomas, Natasha. "Latin America’s Navent Raises $30M From Riverwood Capital, Tiger Global To Bolster Regional Online Classifieds Business". TechCrunch. Retrieved 22 February 2013.
  4. 1 2 "Navent, the leading online Real Estate and Jobs platform in Latin America, Raises US$30 million". Riverwood Capital. Retrieved 22 February 2013.
  5. ↑ "Company Overview of BUMERAN.COM Argentina, S.". Bloomberg Businessweek. Retrieved 22 February 2013.
  6. 1 2 "Latin America's Navent Raises $30M From Riverwood Capital, Tiger …". Xm Radio Customer Service. Retrieved 22 February 2013.
  7. 1 2 "Navent grabs USD30m for jobs and real estate listing sites". StrategyEye. Retrieved 22 February 2013.
  8. ↑ "Latin America’s Navent Raises $30M From Riverwood Capital, Tiger Global To Bolster Regional Online Classifieds Business". LAVCA. Retrieved 22 February 2013.
  9. ↑ "Latin American classified company receives $30 million funding round". aimgroup.com. Retrieved 22 February 2013.
  10. ↑ "Company Overview of Navent Group". Bloomberg Businessweek. Retrieved 22 February 2013.
  11. ↑ "Latin America’s Navent Raises $30M From Riverwood Capital, Tiger Global To Bolster Regional Online Classifieds Business". silobreaker. Retrieved 22 February 2013.
  12. ↑ Lomas, Natasha. "Navent Raises US$30 Million from Riverwood Capital, Tiger Global Management (Latin America)". EMPEA. Retrieved 22 February 2013.
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