About Nexteon
Nexteon is a company based in Hatboro (United States) founded in 2017 by George Hunter, Dave McNally, Jill Wittels, and Rob Kaimowitz.. Nexteon has raised $19.65 million across 7 funding rounds. Nexteon offers products and services including SmartRoutes and SecureTrack. Nexteon operates in a competitive market with competitors including Star Navigation, Avidyne, Plane Finder, Jeppesen and SkyDemon, among others.
- Headquarter Hatboro, United States
- Founders George Hunter, Dave McNally, Jill Wittels, Rob Kaimowitz
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Route Dynamics Corp
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.65 M (USD)
in 7 rounds
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Latest Funding Round
$1.16 M (USD), Series A
Dec 08, 2023
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Investors
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Employee Count
Employee Count
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Products & Services of Nexteon
Nexteon offers a comprehensive portfolio of products and services, including SmartRoutes and SecureTrack. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Real-time software for optimizing flight routes to reduce fuel and time.
Provides secure data solutions to detect and counter GPS jamming threats.
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Funding Insights of Nexteon
Nexteon has successfully raised a total of $19.65M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $1.16 million completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series A — $1.2M
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First Round
First Round
(08 Dec 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2023 | Amount | Series A - Nexteon | Valuation |
investors |
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| Jun, 2023 | Amount | Series A - Nexteon | Valuation |
investors |
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| Jul, 2022 | Amount | Seed - Nexteon | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Nexteon
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nexteon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nexteon Comparisons
Competitors of Nexteon
Nexteon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Star Navigation, Avidyne, Plane Finder, Jeppesen and SkyDemon, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Aviation products and services are designed for safety and monitoring.
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| domain | founded_year | HQ Location |
GPS-based flight navigation and deck systems for aircraft are provided.
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| domain | founded_year | HQ Location |
Operates a digital hub for real-time tracking of flights worldwide.
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| domain | founded_year | HQ Location |
Navigation charts for commercial aviation are provided by Jeppesen.
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| domain | founded_year | HQ Location |
Software for VFR flight planning and navigation with hazard warnings.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nexteon
Frequently Asked Questions about Nexteon
When was Nexteon founded?
Nexteon was founded in 2017.
Where is Nexteon located?
Nexteon is headquartered in Hatboro, United States. It is registered at Hatboro, Pennsylvania, United States.
Who is the current CEO of Nexteon?
Jill Wittels is the current CEO of Nexteon. They have also founded this company.
Is Nexteon a funded company?
Nexteon is a funded company, having raised a total of $19.65M across 7 funding rounds to date. The company's 1st funding round was a Seed of $2.95M, raised on Dec 08, 2017.
What does Nexteon do?
Provider of aviation intelligence solutions enhancing flight efficiency and safety. It offers real-time route optimization, significantly reducing flight time and fuel consumption. Additionally, it provides advanced air surveillance data solutions, improving airspace management and security through enhanced data reliability and GPS disruption countermeasures. These solutions are designed for airlines, air navigation service providers, and other aviation stakeholders.
Who are the top competitors of Nexteon?
Nexteon's top competitors include Star Navigation, Jeppesen and Avidyne.
What products or services does Nexteon offer?
Nexteon offers SmartRoutes and SecureTrack.
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