
Navigate
The Community Platform Powering the Next Generation Data Ecosystem.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
* | $7.6m | Seed | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Navigate operates a decentralized intelligence platform that compensates users for their data contributions, addressing the imbalance where large tech companies benefit from user data without offering returns. The platform serves individuals who generate valuable data, providing them with rewards through a gamified app called Data Quest. This app allows users to contribute data while maintaining privacy and control over their personal information. Navigate's business model focuses on creating a community-driven ecosystem where users are incentivized to share data, which is then utilized to enhance AI products and services. By participating, users not only earn rewards but also contribute to a more equitable distribution of data value, challenging the current trend of data centralization among a few large corporations. Keywords: decentralized, data, rewards, AI, community, privacy, gamified, platform, contributions, equitable.