Fundraising Fox

Nextnav

NASDAQ: NN

Reston, US · Founded 2021 · Delaware corporation · 3 known investors

nextnav.com

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.

Deep TechDefense TechIoTSpace Tech

Founders & leadership

Nextnav was founded in 2021 by Arun Raghupathy and Ganesh Pattabiraman.

ARArun Raghupathy
Arun RaghupathyinCo-Founder and Chief Technology Officer
GP
Ganesh PattabiramanChief Executive Officer
MSMARIAM SOROND
MARIAM SORONDExecutive
SISUSAN INSLEY
SUSAN INSLEYinExecutive
JB
JAMES BLACKExecutive
CG
CHRISTIAN GATESExecutive
RLRobert Lantz
Robert LantzVice President, General Counsel, Secretary
DK
David KnutsonSVP of Network Operations and Deployment
PA
Peter AquinoNamed on SEC filing

Board

NSNEIL SUBIN
NEIL SUBINBoard director
BC
BANDEL CARANOBoard director
JFJim Fleming
Jim FlemingBoard directorPartner at Columbia Capital

Investors · 3

Reported raises · per SEC filings

Form D private placements

$205M disclosed across 2 rounds · 2022–2025

$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap

Companies competing with Nextnav for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

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.