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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
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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | $120M | - | - | |
| 2016 | Funding round | $8.7M | - | - | |
| 2014 | Funding round | $70M |
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.
| Question | Answer |
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We do not have customer count information for NextNav yet.
NextNav employs approximately 115 people as of 2026.
NextNav generates $5M in revenue.
NextNav was founded by Ganesh Pattabiraman.
The CEO of NextNav is Ganesh Pattabiraman.
NextNav raised $268.4M across 5 rounds.
NextNav has 115 employees.
NextNav is headquartered in Sunnyvale, California, United States.
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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2024 Revenue
$5M
Funding
$268.4M
Team
115
Founded
2007
| Year | Milestone | Source |
|---|---|---|
| 2024 | NextNav Hit $5m revenue in November 2024 | stockanalysis.com |
| 2024 | NextNav Hit $2.2m revenue in October 2024 | Estimated |
| 2023 | NextNav Hit $1.8m revenue in October 2023 | Estimated |
| 2021 | NextNav Hit $1.2m revenue in April 2021 | |
| 2007 | Launched with $0 revenue |
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| - |
| 2012 | Funding round | $50.5M | - | - |
| 2011 | Funding round | $19.2M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 115 employees (October 2024) | |
| 2023 | Reached 115 employees (October 2023) | |
| 2022 | Reached 110 employees (October 2022) | |
| 2021 | Reached 96 employees (December 2021) | |
| 2021 | Reached 60 employees (April 2021) |
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