Fundraising Fox
Nextnav
NASDAQ: NNReston, US · Founded 2021 · Delaware corporation · 113 employees on LinkedIn · 3 known investors
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NextNav builds positioning, navigation, and timing (PNT) services using spectrum as a complement and backup to GPS, addressing vulnerabilities in indoor, urban, and critical infrastructure environments. The company proposes terrestrial 3D PNT services and mobile broadband in the Lower 900 MHz band to improve national security and enable commercial opportunities.
Founders & leadership
Nextnav was founded in 2021 by Arun Raghupathy and Ganesh Pattabiraman.
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Arun RaghupathyCo-Founder and Chief Technology OfficerCo-founder and CTO of NextNav, which develops terrestrial positioning, navigation, and timing (PNT) services as a complement and backup to GPS. His experience spans modem design, hardware and system architecture, product definition, and customer interaction, with expertise in signal processing, communications, and digital and RF hardware architectures.
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Ganesh PattabiramanChief Executive Officer
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MARIAM SORONDChief Executive Officer and Board ChairShe has held executive roles at VMware, DISH Networks, and CableLabs, with expertise in mobile wireless, satellite, and cloud sectors, and has served on the NTIA's Commerce Spectrum Management Advisory Committee and FCC Technological Advisory Committee.
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SUSAN INSLEYChief Operating OfficerSusan Insley is Executive Officer at NextNav, which provides positioning, navigation, and timing services using terrestrial spectrum as an alternative to GPS.
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JAMES BLACKSenior Vice President and General CounselJames Black served as general counsel at public companies listed on NYSE and Nasdaq, with expertise in legal and compliance matters across aerospace and defense, telecommunications, software, and medical device sectors.
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Robert LantzSenior Vice President, General Counsel, and Secretary2022–2025He previously held roles at Serco Group including strategic positions across North America, Europe, and APAC regions, and brings experience in corporate governance, M&A transactions, securities compliance, and board service across multiple organizations.
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Peter AquinoNamed on SEC filing
Board
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NEIL SUBINBoard director
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Investors · 3
Reported raises · per SEC filings
Form D private placements$205M disclosed across 2 rounds · 2022–2025
▶$190MraisedApr 2025 · 15 investors · Other TechnologyRule 506(b)
▶$190MraisedApr 2025 · 15 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- MARIAM SORONDExecutive Officer, Director
- SUSAN INSLEYExecutive Officer
- JAMES BLACKExecutive Officer
- JOHN MULETADirector
- NEIL SUBINDirector
- JONATHAN MARCUSDirector
- BANDEL CARANODirector
- NICOLA PALMERDirector
- ALAN HOWEDirector
- CHRISTIAN GATESExecutive Officer
- Offering amount
- $190M
- Amount sold
- $190M
- First sale
- Mar 2025
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$15MraisedNov 2022 · 32 investors · TelecommunicationsRule 506(b)
▶$15MraisedNov 2022 · 32 investors · Telecommunications
Rule 506(b)Officers, directors & promoters on the filing
- Gary ParsonsDirector
- Peter AquinoDirector
- Christian GatesExecutive Officer
- Robert LantzExecutive Officer
- Bandel L. CaranoDirector
- Ganesh PattabiramanDirector, Executive Officer
- David KnutsonExecutive Officer
- Arun RaghupathyExecutive Officer
- Jim FlemingDirector
- Alan B. HoweDirector
- Neil SubinDirector
- Offering amount
- $15M
- Amount sold
- $15M
- First sale
- Oct 2022
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 2
EsriEsri develops ArcGIS, a geospatial platform that enables organizations across industries to create digital twins, conduct spatial analysis, and optimize operations. The platform serves government agencies, retailers, consultants, and other enterprises seeking location-based intelligence and data-driven decision-making.
Swift NavigationSwift Navigation provides low-cost, high-accuracy GPS and GNSS positioning solutions for autonomous vehicles, mobility applications, and mass-market uses. The company develops real-time kinematic (RTK) technology to enable precise navigation and localization for autonomous systems.
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Frequently asked questions
- What does Nextnav do?
- NextNav builds positioning, navigation, and timing (PNT) services using spectrum as a complement and backup to GPS, addressing vulnerabilities in indoor, urban, and critical infrastructure environments. The company proposes terrestrial 3D PNT services and mobile broadband in the Lower 900 MHz band to improve national security and enable commercial opportunities.
- Who founded Nextnav?
- Nextnav was founded by Arun Raghupathy, Ganesh Pattabiraman in 2021.
- Who are Nextnav's investors?
- Nextnav's investors include Columbia Capital, New Enterprise Associates (NEA), Oak Investment Partners.
- How much funding has Nextnav raised?
- Nextnav has disclosed $205M raised across 2 rounds.
- Where is Nextnav headquartered?
- Nextnav is headquartered in Reston, US.