Navent runs a network of online real estate and jobs classifieds sites across Latin America, including flagship jobs site Bumeran and country sites such as Imovelweb, Inmuebles24, AdondeVivir and Plusvalia. Its properties collectively draw more than 30 million monthly users, with Bumeran receiving around six million monthly uniques. The company plans to use new funding to accelerate growth of key regional properties and pursue expansion into additional new and untapped LatAm markets. Technology investments from the round will prioritize mobile, which already accounts for about a third of its traffic. Navent last raised funding in November 2012 and is positioning to deepen its regional leadership in online real estate and jobs classifieds. Navent runs a portfolio of online classifieds focused on real estate and jobs across 13 Latin American countries. Its flagship jobs site Bumeran has about 5 million monthly unique users and hosts more than 50,000 job listings from over 15,000 companies. Its Brazilian real estate site Imovelweb records roughly 2.5 million monthly unique users, more than 300,000 listings, and over 7,000 active real-estate professionals. Across all properties Navent reports more than 16 million monthly unique visitors and over 55,000 client companies. The company plans to roll out new products and features, expand geographically, and consolidate leadership in key markets as internet penetration in the region grows. Recent funding will be used to bolster key regional properties including Imovelweb, Bumeran, Mexico’s Mercadoi, Peru’s AdondeVivir, and Ecuador’s Plusvalia.

Total raised

$50M

Funding rounds

2

Latest round

Series C

Latest activity

Aug 2014