When was NextNav founded?

NextNav was founded in 2008 and raised its 1st funding round within a year of its incorporation.

Where is NextNav located?

NextNav is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California.

Who is the current CEO of NextNav?

Gary Parsons of NextNav. They are also an angel investors in 1 startup.

How many employees does NextNav have?

As of Aug 31, 2026, the latest employee count at NextNav is 112.

Is NextNav a funded company?

NextNav is a funded company, having raised a total of $284M across 11 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 11, 2008.

When was the latest funding round of NextNav?

NextNav's latest funding was a $***** Post IPO round on Mar 27, 2025, with participation from 0 investor.

What is the annual revenue of NextNav?

Annual revenue of NextNav is between $1M and $10M as on Dec 31, 2025

Where does NextNav rank among its competitors?

NextNav ranks 8th amongst 1006 active competitors, of which 67 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Aeron Systems, which secured $4.7M in Aug, 2026.

Who are the top competitors of NextNav?

NextNav's top competitors include TomTom, Xona Space Systems and Topcon Positioning. Among them, Aeron Systems secured the most recent funding round in August, 2026.

NextNav - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of an indoor positioning solution for enterprises. It has developed carrier-grade network antennas to support indoor location. It works alongside GPS in devices and requires no technology integration.

Website: www.nextnav.com/
Email ID: *****@NextNav.com
Registered Address: Sunnyvale, California

Key Metrics

Founded Year

2008

Location

Sunnyvale, United States

Stage

Public

Total Funding

$284M in 11 rounds

Latest Funding Round

Post IPO, Mar 27, 2025, $*****

Investors

New Enterprise Associates & 9 more

Ranked

8^th among 1006 active competitors

Annual Revenue

$1M - $10M as on Dec 31, 2025

Employee Count

112 as on Aug 31, 2026

Investment & Acquisitions

MetCom & 2 more

Similar Companies

TomTom & 915 more

Exit Details

Public

View NextNav's full profile

NextNav is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Nextnav, Llc CIN: 32048543238 , United States, Active	Apr 29, 2013	-	-	-
NEXTNAV INC. CIN: 1865631 , United States, Active	Jun 09, 2021	$1M - $10M (As on Dec 31, 2025)	-	-
COMMLABS TECHNOLOGY CENTRE PRIVATE LIMITED CIN: U72900KA2010PTC052876 , India, Active	Mar 17, 2010	₹10 - ₹50 Cr (As on Mar 31, 2025)	30 (As on Mar 31, 2024)
NEXTNAV HOLDINGS, LLC CIN: 753264836 , United States, Active	Dec 31, 2007	-	65 (As on Dec 31, 2024)	-

NextNav got listed on Oct 29, 2021.

Click here to take a look at NextNav's IPO in detail

NextNav has raised a total funding of $284M over 11 rounds. Its first funding round was on Mar 11, 2008. NextNav has 10 institutional investors.

Here is the list of recent funding rounds of NextNav:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 27, 2025	8222013	Post IPO	9316071	4268135	5185062	4825903
Sep 01, 2020	1504087	Grant (prize money)	9639330	2781827	3908480	Europa
Jan 15, 2020	9206776	Series E	4645581	2577244	Fortress	Future Fund & 4 more

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View details of NextNav's funding rounds and investors

The founders of NextNav is Arun Raghupathy.

Here are the details of NextNav's key team members:

Arun Raghupathy: Co-Founder, Senior VP of Engineering of NextNav.
Gary Parsons: CEO of NextNav. They are also an angel investor in 1 startup.
Contact Info: 1 email address

View details of NextNav's Founder profiles and Board Members

NextNav's employee count trend

NextNav has 112 employees as of Aug 26. Here is NextNav's employee count trend over the years:

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Top competitors of NextNav include TomTom, Xona Space Systems and Topcon Positioning. Here is the list of Top 10 competitors of NextNav, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TomTom 1991, Amsterdam (Netherlands), Public	Provider of maps, navigation software, traffic data, and location technology	-	Aimforthemoon, Artiman & 2 others	73/100
2nd	Xona Space Systems 2019, Burlingame (United States), Series C	Developer of positioning, navigation, and timing infrastructure for connected systems	$320M	Seraphim, Mohari Ventures Natural Capital ... & 37 others	66/100
3rd	Topcon Positioning 1932, United States, Unfunded	Manufacturer of precision positioning and construction equipment and related software	-	-	64/100
4th	Kinexon 2012, Munich (Germany), Series A	Provider of real-time location systems for industrial automation and operations	$130M	Thomas H Lee Partners, Wessel Management ... & 21 others	63/100
5th	Focal Point Positioning 2015, Cambridge (United Kingdom), Series C	Provider of AI-based software to increase the accuracy of GNSS in devices	$69.2M	Molten Ventures, Cambridge Angels & 25 others	62/100
6th	Aeron Systems 2008, Pune (India), Series A	Manufacturer of inertial navigation systems and industrial internet of things solutions	$5.98M	Bharat Forge, Riverwalk Holdings & 8 others	62/100
7th	What3words 2013, London (United Kingdom), Series C	Developer of a system assigning unique identifiers to small areas	$231M	Mercedes-Benz, Brand Capital International ... & 210 others	61/100
8th	NextNav 2008, Sunnyvale (United States), Public	Provider of an indoor positioning solution for enterprises	$284M	Goldman Sachs, Goldman Sachs Investment Partners ... & 8 others	60/100
9th	Fixposition 2017, Schlieren (Switzerland), Seed	Provider of positioning services for multiple applications	$9.35M	True Ventures, Cultivation Capital & 12 others	59/100
10th	Qianxun 2015, Shanghai (China), Series B	Provider of satellite-based positioning system solutions	$141M	Industrial And Commercial Bank Of China, SIG ... & 5 others	57/100