When was Navient founded?

Navient was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Where is Navient located?

Navient is headquartered in Wilmington, United States.

How many employees does Navient have?

As of Apr 30, 2026, the latest employee count at Navient is 3130.

Is Navient a funded company?

Navient is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Apr 28, 2017.

When was the latest funding round of Navient?

Navient's latest funding was a $***** Conventional Debt round on Jun 12, 2019, with participation from 1 investor. Its primary sector is Alternative Lending. In United States, the Alternative Lending sector has seen $1.79B in funding in 2026 to date.

Where does Navient rank among its competitors?

Navient ranks 2nd amongst 28 active competitors, of which 8 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Tuition.io, which secured an undisclosed amount in Apr, 2025.

Who are the top competitors of Navient?

Navient's top competitors include Climb Credit, Credible Labs and LendKey Technologies. Among them, Tuition.io secured the most recent funding round in April, 2025.

Navient - 2026 Company Profile, Funding, Competitors & Financials

Company Details

Provider of loans for students. It serves student and parent federal loans for the department of education, provides management and business processing solutions to education, healthcare, and government clients at the federal, state, and local levels.

Website: www.navient.com/
Social
Email ID: *****@navient.com
Phone Number: +1 **********

Key Metrics

Founded Year

2014

Location

Wilmington, United States

Stage

Public

Latest Funding Round

Conventional Debt, Jun 12, 2019, $*****

Investors

Hilltop Private Capital & 3 more

Ranked

2^nd among 28 active competitors

Employee Count

3,130 as on Apr 30, 2026

Investment & Acquisitions

Earnest & 4 more

Similar Companies

Prodigy Finance & 153 more

Exit Details

Public

View Navient's full profile

Navient is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Navient CIN: - , Belgium, Active		-	4330 (As on Dec 31, 2021)	-
NAVIENT CORP CIN: 1593538 , United States, Active	Nov 06, 2013	-	4500 (As on Dec 31, 2023)	-

Navient got listed on Apr 17, 2014.

Click here to take a look at Navient's IPO in detail

Navient has raised funding over 2 rounds. Its first funding round was on Apr 28, 2017. Its latest funding round was a Conventional Debt round on Jun 12, 2019 for $*****. 1 investor participated in its latest round. Navient has 4 institutional investors.

Here is the list of recent funding rounds of Navient:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 12, 2019	8262347	Conventional Debt	3512797	3338112	5201372	2020437
Apr 28, 2017	9793673	Post IPO	8965927	5172603	1779854	6361248

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Navient's employee count trend

Navient has 3,130 employees as of Apr 26. Here is Navient's employee count trend over the years:

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Top competitors of Navient include Climb Credit, Credible Labs and LendKey Technologies. Here is the list of Top 10 competitors of Navient, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Climb Credit 2014, New York City (United States), Series A	Career training financing solutions for accessible and affordable education	$12.9M	Third Prime, New Markets Venture Partners ... & 17 others	65/100
2nd	Navient 2014, Wilmington (United States), Public	Provider of loans for students	-	Hilltop Private Capital, Goldman Sachs & 2 others	65/100
3rd	Credible Labs 2014, San Francisco (United States), Acquired	An alternate lending platform for financing student loans and refinancing student loan debt.	$22M	Regal Funds Management, Runway & 18 others	65/100
4th	LendKey Technologies 2007, New York City (United States), Series C	Student & Home improvement loans online by local community lenders	$42.2M	TTV Capital, Updata & 7 others	62/100
5th	College Ave 2014, Wilmington (United States), Acquired	Student loans marketplace	$50M	Comcast Ventures, Fenway Summer Ventures & 5 others	58/100
6th	Tuition.io 2011, Santa Monica (United States), Series B	Provider of student loan repayment and tuition assistance benefits	$14.4M	Wildcat Venture Partners, Atom Factory & 17 others	54/100
7th	Meritize 2016, Frisco (United States), Series B	Online education loans platform	$20.1M	Colchis Capital Management, Chicago Ventures ... & 13 others	43/100
8th	Paytronage 2017, New York City (United States), Acquired	P2P platform for student finance	-	Forum Ventures, Innova Capital Partners & 1 others	39/100
9th	Edvisors 1998, Las Vegas (United States), Acquired	Scholarships & Student loans discovery platform	-	-	38/100
10th	KnowledgeFirst 1999, Foster City (United States), Deadpooled	Financial aid dicovery platform	$12M	Crystal Venture, Sienna Holdings	36/100

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Navient has made 1 investments in companies including Best Egg. Navient has also acquired 4 companies including Earnest and Xtend Healthcare.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Nov 03, 2017	Acquisition	Earnest	2013	San Francisco (United States)
Oct 20, 2015	Acquisition	Xtend Healthcare	1990	Hendersonville (United States)
Jul 17, 2015	Investments	Best Egg	2000	Wilmington (United States)