Venture • Internet Software and Services

Aries Capital Partners Invests In Nav Technologies

On February 11, 2019, growth capital firm Aries Capital Partners invested in internet software and services company Nav Technologies

Investment Context
  • This is Aries Capital Partners’ 2nd transaction in the Internet Software and Services sector.
  • This is Aries Capital Partners’ 4th transaction in the United States.
  • This is Aries Capital Partners’ 3rd transaction in Utah.

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Investment Summary

Date February 11, 2019
Target Nav Technologies
Sector Internet Software and Services
Investor(s) Aries Capital Partners
Deal Type Venture

Target Company

Nav Technologies

Draper, Utah, United States
Nav Technologies is a provider of the business financial management app offering free access to personal and business credit reports from major consumer and commercial credit bureaus including Experian, Dun & Bradstreet, Equifax, and TransUnion. Nav Technologies was founded in 2012 and is based in Draper, Utah.
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Investor Overview 1

Investor

Aries Capital Partners

Salt Lake City, Utah, United States

Investor Investor Investor


Category Growth Capital Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

Aries Capital Partners is a private equity firm focused on buyout and growth equity investment opportunities in middle-market companies. Aries looks to invest in businesses with at least $10 million in revenue and earnings of $2 million or higher. Prospective companies typically have defensible competitive advantages, growth opportunities, sustained profit margins, and strong management. Aries Capital Partners was formed in 2007 and is based in Salt Lake City, Utah.


Deal Context for Investor #
Overall 4 of 7
Sector: Internet Software and Services 2 of 3
Type: Venture 2 of 5
State: Utah 3 of 4
Country: United States 4 of 7
Year: 2019 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-07 Chatbooks

Lehi, Utah, United States

Chatbooks is a provider of software application that prints photos automatically in a book series. Chatbooks was founded in 2014 and is based in Lehi, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-23 SonderMind

Denver, Colorado, United States

SonderMind is a nationwide all-in-one mental wellness solution where people can get high-quality, outcome-focused mental health care when they need it. SonderMind was founded in 2014 and is based in Denver, Colorado.

Buy -