Navix
Navix: An AI-powered SaaS platform automating freight auditing and document retrieval for 3PLs and brokers.
Founded
2021Navix: An AI-powered SaaS platform automating freight auditing and document retrieval for 3PLs and brokers.
Navix, founded with the mission to revolutionize freight auditing, offers an AI-driven Software-as-a-Service (SaaS) platform designed for third-party logistics providers (3PLs) and brokers. The company's core vision is to streamline document retrieval and automate freight auditing processes, thereby enhancing cash conversion cycles and providing deeper insights into freight expenditures and discrepancies. Navix's suite of services includes highly configurable automation triggers, seamless API integrations, AI/ML-driven insights, and premium auditing services, all aimed at increasing profitability and operational efficiency.
Notable figures associated with Navix include key industry experts and investors who have recognized the platform's potential to transform the freight industry. The company has achieved significant milestones, such as dramatically reducing Days Sales Outstanding (DSO) for its clients, thereby accelerating their growth. Navix's impact is evident in its ability to uncover invoicing errors and automate resolutions, effectively putting revenue back into companies and fostering sustainable growth within the logistics sector.
Companies similar to Navix include Loop, Vector.ai, BravoTran and Narrative.
Navix was founded in 2021.
Navix's headquarters is located in Minnetonka, MN, US.
Navix's most recent funding round was for $5M (USD) in February 2023.
As of Feb 15, 2023, Navix has disclosed funding of $5M (USD). Undisclosed round amounts are excluded.
Navix has 23 employees as of Feb 4, 2024.
Narrative
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