Nav
“Can a business credit intelligence platform become the primary financial hub for small business owners by combining credit monitoring, lending marketplace, and embedded banking?”
Founded2012
HQSan Mateo, CA, USA
FoundersLevi King
Total raised$100M+
Latest roundSecondary - Private
IndustryFintech / SMB banking
The story
Founded in 2012 as Creditera, Nav rebranded and repositioned as a 'Credit Karma for small businesses,' offering free access to personal and business credit reports and scores. The company then expanded into a financing marketplace, matching small business owners to lending products based on their credit profile and approval odds. Nav has since integrated embedded banking infrastructure via Unit and lending partners like Fundbox to deepen its financial services stack for SMBs.
Last 12 months
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Product timeline
2012
Founded as Creditera, a business credit monitoring and scoring platform.· pivot
2015
Rebranded to Nav and expanded to offer free personal and business credit reports to small business owners.· pivot
2016
Launched lending marketplace matching small businesses to financing options based on approval odds.· lending
2017
Raised $38M Series B (total), growing customer base to over 200,000 small businesses.· banking
2019
Raised $44M Series C led by Goldman Sachs with Experian Ventures participating, surpassing 400,000 small business owners on platform.· lending
The stack
2 layers disclosed in Nav’s embedded-finance stack
Banking / BaaS
Lending
in the full report
Accounting gap: none
3 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.