Nextnav

Offers urban and indoor positioning services for public safety and commercial applications.

Launch date

2008

Employees

Market cap

Enterprise valuation

€842m (Public information from Sep 2024)

Sunnyvale California (HQ)

http://nextnav.com

https://twitter.com/nextnav https://www.facebook.com/nextnav https://www.linkedin.com/company/nextnav/

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Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	<1m	<1m	3.9m	3.9m	4.6m	7.4m	17.1m
% growth	-	34 %	415 %	(2 %)	18 %	61 %	132 %
EBITDA	(29.4m)	(40.7m)	(86.5m)	(54.6m)	(44.3m)	(43.7m)	(42.6m)
% EBITDA margin	(5171 %)	(5331 %)	(2204 %)	(1414 %)	(971 %)	(593 %)	(249 %)
Profit	(137m)	(145m)	(40.1m)	(71.7m)	(94.0m)	(65.5m)	(65.9m)
% profit margin	(24136 %)	(18960 %)	(1022 %)	(1857 %)	(2058 %)	(891 %)	(385 %)
EV / revenue	-	965.0x	65.3x	117.2x	210.2x	135.7x	60.5x
EV / EBITDA	-	-18.1x	-3.0x	-8.3x	-21.6x	-22.9x	-24.3x
R&D budget	8.8m	9.5m	17.1m	19.5m	-	-	-
R&D % of revenue	1543 %	1240 %	435 %	505 %	-	-	-

Date	Investors	Amount	Round
Nov 2011	Mark McDowell Columbia Capital	$19.2m	Late VC
Apr 2012	Mark McDowell Columbia Capital	$50.0m	Late VC
Aug 2013	N/A	$10.0m	Debt
Jul 2014	Oak Investment Partners Goldman Sachs New Enterprise Associates	$70.0m	Series D
Sep 2016	Mark McDowell Columbia Capital	$8.7m	Early VC
Jan 2020	Oak Investment Partners New Enterprise Associates Fortress Investment Group Columbia Capital Future Fund Goldman Sachs Asset Management Telcom Ventures & 1 more	$120m	Series E
Oct 2021	Spartacus Acquisition Corporation	$200m	SPAC IPO
May 2023*	Susquehanna International Group (SIG Group) Whitebox Advisors Clutterbuck Capital Management	$50.0m	Post IPO Debt
Jul 2024*	US Department of Transportation	$1.9m	Grant
Total Funding		€245m

Tech stackLearn more about the technologies and tools that this company uses.

ACQUISITION by Nextnav Nov 2022