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To democratise company mobility and make it sustainable.
In recent years, the growing awareness of climate change has driven a global shift in transportation choices. A notable trend is the increasing adoption of flexible and sustainable mobility budgets for employees, opting for these over traditional company cars. Europe is at the forefront of this movement, with governments offering subsidies for rail and public transport, benefiting both employees and employers.
NAVIT, formerly known as RYDES, recognises this opportunity and stands as the first all-in-one mobility budget platform for employees, granting access to various transportation options. With NAVIT, companies offer their teams a monthly budget through its app, providing flexibility to use ride-hailing services, car subscriptions, or public transport without upfront payments and individual cost submissions.
Though currently only available in Germany, the company successfully secured its first funding round in early 2023. Armed with this new capital, NAVIT plans to enhance its platform and expand its services internationally, aiming to bring sustainable mobility solutions to a broader audience.
Steph
Company Specialist at Welcome to the Jungle
Mar 2023
$3.7m
SEED
René Braun
(CEO)Graduated from Charles III University of Madrid with a Master in Finance. Previously co-founded CHALLENGE8. Also worked as the Head of Connected Mobility Initiative at BOMBARDIER and in Venture Development at Lufthansa Innovation.
Martin Miodownik
(COO)Previously worked as an Advisor at Tokai Ventures and as an IT Director at City Sightseeing. Also worked as VP of Operations at Distribution Technologies.