Fundraising Fox

NextNav Holdings

NASDAQ: NN

Mclean, US · Delaware LLC · 2 known investors

NextNav Holdings develops ground-based positioning, navigation, and timing systems designed to complement and back up GPS using low-band spectrum assets, serving wireless carriers, government agencies, and public safety applications including enhanced 911 services. The company's current offerings include Pinnacle, a barometric altitude solution for mobile devices and emergency response, and TerraPoiNT, a terrestrial PNT network, with plans to transition to a NextGen platform based on 5G NR standards.

Founders & leadership

GP
Ganesh PattabiramanFounder
ES
Eric SwankChief Financial Officer
GP
Gary ParsonsExecutive
MS
Mariam SorondPresident and Chief Executive Officer and Chair of the Board of Directors

Board

BCBandel Carano
Bandel CaranoinBoard directorManaging Partner at Oak Investment Partners
MS
Matt SkaruppaBoard director
JF
James FlemingBoard director
RS
Rajendra SinghBoard director
PBPeter Barris
Peter BarrisinBoard directorChairman Emeritus of New Enterprise Associates at NewView Capital
GB
Gaurav BhandariBoard director
RS
Raj SinghBoard director
DG
Donald GipsBoard director

Investors · 2

Reported raises · per SEC filings

Form D private placements

$83.2M disclosed across 3 rounds · 2014–2018

$4.5MraisedJul 2018 · 11 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Eric SwankExecutive Officer
  • Rajendra SinghDirector
  • Bandel CaranoDirector
  • Matt SkaruppaDirector
  • Gary ParsonsExecutive Officer, Director
  • Peter BarrisDirector
  • Ganesh PattabiramanExecutive Officer, Director
  • James FlemingDirector
  • Donald GipsDirector
Offering amount
$14M
Amount sold
$4.5M
First sale
Jul 2018
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$8.7MraisedSep 2016 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ganesh PattabiramanExecutive Officer, Director
  • Eric SwankExecutive Officer
  • Bandel CaranoDirector
  • Matt SkaruppaDirector
  • James FlemingDirector
  • Gary ParsonsExecutive Officer, Director
  • Donald GipsDirector
  • Rajendra SinghDirector
  • Peter BarrisDirector
Offering amount
$35M
Amount sold
$8.7M
First sale
Sep 2016
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$70MraisedJul 2014 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Bandel CaranoDirector
  • Gaurav BhandariDirector
  • Gary ParsonsExecutive Officer, Director
  • Raj SinghDirector
  • Ganesh PattabiramanExecutive Officer, Director
  • Jim FlemingDirector
  • Peter BarrisDirector
Offering amount
$70M
Amount sold
$70M
First sale
Jul 2014
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Frequently asked questions

What does NextNav Holdings do?
NextNav Holdings develops ground-based positioning, navigation, and timing systems designed to complement and back up GPS using low-band spectrum assets, serving wireless carriers, government agencies, and public safety applications including enhanced 911 services. The company's current offerings include Pinnacle, a barometric altitude solution for mobile devices and emergency response, and TerraPoiNT, a terrestrial PNT network, with plans to transition to a NextGen platform based on 5G NR standards.
Who founded NextNav Holdings?
NextNav Holdings was founded by Ganesh Pattabiraman.
Who are NextNav Holdings's investors?
NextNav Holdings's investors include New Enterprise Associates (NEA), Oak Investment Partners.
How much funding has NextNav Holdings raised?
NextNav Holdings has disclosed $83.2M raised across 3 rounds.
Where is NextNav Holdings headquartered?
NextNav Holdings is headquartered in Mclean, US.