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2024 Revenue

$5M

Funding

$268.4M

Team

115

Founded

2007

NextNav Revenue & Funding (2024)

Operator of a platform intended to offer indoor location services and applications. The company's platform offers location-enabling technology with carrier-grade reliability for use in buildings and urban areas where satellite-based geographical positioning service signals cannot reach, enabling clients to avail urban and indoor positioning for public safety and commercial applications.

Last updated

NextNav Revenue

In 2024, NextNav's revenue reached $5M. The company previously reported $2.2M in 2024. Since its launch in 2007, NextNav has shown consistent revenue growth.

NextNav Revenue GrowthReported revenue / ARR over time$0$1.3M$2.5M$3.8M$5M$6.3M2007200920112013201520172019202120232024$0$1.2M$1.8M$5MSource: GetLatka.com
YearMilestoneSource
2024NextNav Hit $5m revenue in November 2024stockanalysis.com
2024NextNav Hit $2.2m revenue in October 2024Estimated
2023NextNav Hit $1.8m revenue in October 2023Estimated
2021NextNav Hit $1.2m revenue in April 2021
2007Launched with $0 revenue

NextNav Valuation, Funding Rounds

NextNav has not publicly disclosed its valuation. The company has raised $268.4M in total funding to date.

NextNav has raised $268.4M in total funding across 5 rounds, with its most recent round in 2020.

NextNav Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$60M$0.4$120M$0.6$180M$0.8$240M$1$300M20072009201120132015201720192020Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2020Funding round$120M--
2016Funding round$8.7M--
2014Funding round$70M--
2012Funding round$50.5M--
2011Funding round$19.2M--

Founder / CEO

Ganesh Pattabiraman

CEO

Ganesh Pattabiraman is a Co-Founder, President and CEO NextNav and serves on the board of directors. With over 20 years of experience in technology development and management, Ganesh currently holds 10 patents. Prior to NextNav, Ganesh worked as the Product Manager of Qualcomm’s LBS Products. Ganesh also served as Director of Product Managementat Mobio where he was responsible for deployment and commercialization of LBS & other applications to major BREW Operators. Ganesh holds an MBA from the Wharton School and a Masters in Electrical Engineering from George Mason University.

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Customers

We do not have customer count information for NextNav yet.

NextNav Employees & Team Size

NextNav employs approximately 115 people as of 2026.

NextNav Team GrowthReported headcount over time0255075100125200720092011201320152017201920212023202400115115Source: GetLatka.com
YearMilestoneSource
2024Reached 115 employees (October 2024)
2023Reached 115 employees (October 2023)
2022Reached 110 employees (October 2022)
2021Reached 96 employees (December 2021)
2021Reached 60 employees (April 2021)

Frequently Asked Questions about NextNav

What is NextNav's revenue?

NextNav generates $5M in revenue.

Who founded NextNav?

NextNav was founded by Ganesh Pattabiraman.

Who is the CEO of NextNav?

The CEO of NextNav is Ganesh Pattabiraman.

How much funding does NextNav have?

NextNav raised $268.4M across 5 rounds.

How many employees does NextNav have?

NextNav has 115 employees.

Where is NextNav headquarters?

NextNav is headquartered in Sunnyvale, California, United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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NextNav Revenue 2024: $5M ARR, $268.4M Raised