Latest round

Series D

Last raised

Jul 2014

Total raised

$70M

Investors

5

About NextNav

Founded in 2007 and based in California, US, NextNav LLC develops 3D (three-dimensional) geolocation technologies for indoor and urban locations. In June 2021, NextNav LLC agreed to merge with Spartacus Acquisition Corporation, a SPAC (special purpose acquisition company), at an enterprise value of USD 1200 million. The company's developers develop the Metropolitan Beacon System (MBS), a geolocation platform that uses the TerraPoiNT system, a solution that utilizes GPS and cell networks for more accurate and consistent trilateration. The company enables users to use location services where satellite-based GPS signals can’t reach and also provide a backup to GPS for critical infrastructure, mobile phones, Internet of Things (IoT) devices, and autonomous systems. The platform also covers ninety percent of buildings in the US for various applications including, public safety, enhanced 911, commercial apps, location-based gaming, and critical infrastructures. NextNav LLC plans to list on the Nasdaq under the ticker symbol NNW upon completing the merger agreement.

Who invested in NextNav

5 investors across 1 round

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Funding rounds

  1. Series D

    Jul 24, 2014

    Amount

    $70M

    Investors

    Locked

Questions about NextNav

Who invested in NextNav?

NextNav has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has NextNav raised?

NextNav has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did NextNav last raise money?

NextNav's most recent round on record is a Series D, in Jul 2014.

What does NextNav do?

Founded in 2007 and based in California, US, NextNav LLC develops 3D (three-dimensional) geolocation technologies for indoor and urban locations.

Where is NextNav headquartered?

NextNav is headquartered in Sunnyvale, US.

Which VCs invest in companies like NextNav?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at NextNav's stage. Their profiles are linked below.

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