About NextNav
NextNav is a company based in Sunnyvale (United States) founded in 2008.. NextNav has raised $284.08 million across 11 funding rounds from investors including Goldman Sachs, Fortress Investment and European Union. The company has 96 employees as of December 31, 2024. NextNav has completed 1 acquisition, including Nestwave. NextNav offers products and services including NextNav Pinnacle, NextNav 3D, and NextNav TerraPoiNT. NextNav operates in a competitive market with competitors including Humatics, Xona Space Systems, Kinexon, Topcon Positioning and Satelles, among others.
- Headquarter Sunnyvale, United States
- Employees 96 as on 31 Dec, 2024
- Stage Public
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Sectors
Industrial Goods & ManufacturingTechnology
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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 Nextnav Inc.
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Annual Revenue
$5.67 M46.79as on Dec 31, 2024
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Net Profit
$-101.88 M-42.02as on Dec 31, 2024
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EBITDA
$-54.86 M6.55as on Dec 31, 2024
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Total Equity Funding
$284.08 M (USD)
in 11 rounds
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Latest Funding Round
$190 M (USD), Post-IPO
Mar 27, 2025
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Investors
Goldman Sachs
& 9 more
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Employee Count
96
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of NextNav
NextNav is a publicly listed company on the NASDAQ with ticker symbol NN in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of NextNav
NextNav offers a comprehensive portfolio of products and services, including NextNav Pinnacle, NextNav 3D, and NextNav TerraPoiNT. 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.
Offers accurate vertical positioning for geolocation services.
Provides 3D location visualization for urban applications.
Delivers resilient positioning for indoor and outdoor use.
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Funding Insights of NextNav
NextNav has successfully raised a total of $284.08M across 11 strategic funding rounds. The most recent funding activity was a Post-IPO round of $190 million completed in March 2025. 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 11
- Last Round Post-IPO — $190.0M
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First Round
First Round
(11 Mar 2008)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Post-IPO - NextNav | Valuation |
investors |
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| Sep, 2020 | Amount | Grant - NextNav | Valuation |
investors |
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| Jan, 2020 | Amount | Series E - NextNav | Valuation | Fortress Investment |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in NextNav
NextNav has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, Fortress Investment and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are made in disruptive growth companies.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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US tech companies are funded across stages by Columbia Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NextNav
NextNav has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Nestwave. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Low-power GNSS solutions for IoT applications are developed.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - NextNav
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Nextnav Comparisons
Competitors of NextNav
NextNav 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 Humatics, Xona Space Systems, Kinexon, Topcon Positioning and Satelles, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Control systems for collaborative robots in human environments are developed.
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| domain | founded_year | HQ Location |
Real-time positioning and navigation services via LEO satellites are delivered.
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| domain | founded_year | HQ Location |
Location and motion analytics are tracked via sensor-based platform.
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| domain | founded_year | HQ Location |
Provides precision positioning systems for infrastructure and farming sectors.
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| domain | founded_year | HQ Location |
Satellite time and location solutions are provided for various industries.
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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 Nextnav
Frequently Asked Questions about NextNav
When was NextNav founded?
NextNav was founded in 2008.
Where is NextNav located?
NextNav is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Is NextNav a funded company?
NextNav is a funded company, having raised a total of $284.08M across 11 funding rounds to date. The company's 1st funding round was a Series E of $120M, raised on Mar 11, 2008.
How many employees does NextNav have?
As of Dec 31, 2024, the latest employee count at NextNav is 96.
What is the annual revenue of NextNav?
Annual revenue of NextNav is $5.67M as on Dec 31, 2024.
What does NextNav do?
NextNav was founded in 2008 in Sunnyvale, United States, and operates in the location technology sector. Indoor positioning solutions are offered to enterprises through carrier-grade network antennas that support location services indoors. These antennas integrate with GPS in devices without requiring additional technology modifications. Operations focus on seamless positioning capabilities for various applications.
Who are the top competitors of NextNav?
NextNav's top competitors include Xona Space Systems, Humatics and Inertial Labs.
What products or services does NextNav offer?
NextNav offers NextNav Pinnacle, NextNav 3D, and NextNav TerraPoiNT.
Is NextNav publicly traded?
Yes, NextNav is publicly traded on NASDAQ under the ticker symbol NN.
How many acquisitions has NextNav made?
NextNav has made 1 acquisition, including Nestwave.
Who are NextNav's investors?
NextNav has 10 investors. Key investors include Goldman Sachs, Fortress Investment, European Union, Goldman Sachs Asset Management, and Future Fund.
What is NextNav's ticker symbol?
The ticker symbol of NextNav is NN on NASDAQ.
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