When was Aerwave founded?

Aerwave was founded in 2016 and raised its 1st funding round 6 years after it was founded.

Where is Aerwave located?

Aerwave is headquartered in Dallas, United States.

How many employees does Aerwave have?

As of May 31, 2026, the latest employee count at Aerwave is 65.

Is Aerwave a funded company?

Aerwave is a funded company, having raised a total of $40M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 01, 2022.

When was the latest funding round of Aerwave?

Aerwave's latest funding was a $***** Series B round on Feb 29, 2024, with participation from 3 investors.

Where does Aerwave rank among its competitors?

Aerwave ranks 16th amongst 149 active competitors, of which 10 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Uplink, which secured $10M in Apr, 2024.

Who are the top competitors of Aerwave?

Aerwave's top competitors include Helium, Boingo Wireless and WeLink. Among them, Uplink secured the most recent funding round in April, 2024.

Aerwave - 2026 Company Profile, Team, Funding & Competitors

Company Details

Managed Wi-Fi solutions provider for multifamily communities, enhancing connectivity. They deliver seamless, gigabit-speed internet that's always on, everywhere on your property. They offer next-generation Managed Wi-Fi, empowering residents, property teams, and owners with intuitive digital tools and real-time insights. They specialize in retrofits, new construction, and Wi-Fi takeovers, providing tailored infrastructure design and reliable, fully managed Wi-Fi. Their solutions enhance connectivity, boost resident satisfaction, and support long-term property value. They focus on resident-first approach and cutting-edge Managed Wi-Fi solutions, delivering fast, reliable internet backed by domestic support. They are transforming the way multifamily communities connect, future-proofing properties for tomorrow's digital lifestyle. They are a technology company offering software and services.

Website: aerwave.io
Social
Email ID: *****@aerwave.io
Phone Number: +1 **********

Key Metrics

Founded Year

2016

Location

Dallas, United States

Stage

Series B

Total Funding

$40M in 2 rounds

Latest Funding Round

Series B, Feb 29, 2024, $*****

Investors

Moderne Ventures & 6 more

Ranked

16^th among 149 active competitors

Employee Count

65 as on May 31, 2026

Similar Companies

TP-Link & 831 more

View Aerwave's full profile

Aerwave is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
AERWAVE, INC. CIN: 845140461 , United States, Active	Dec 31, 1999	-	65 (As on Dec 31, 2024)	-
AERWAVE, INC. CIN: 32060115568 , United States, Active	Oct 20, 2022	-	-	-

Aerwave has raised a total funding of $40M over 2 rounds. Its first funding round was on Nov 01, 2022. Its latest funding round was a Series B round on Feb 29, 2024 for $*****. 3 investors participated in its latest round. Aerwave has 7 institutional investors.

Here is the list of recent funding rounds of Aerwave:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 29, 2024	9108183	Series B	7743256	8222419	8604174	4003716
Nov 01, 2022	3977793	Series A	9323722	8593238	Moderne Ventures	World Cinema & 3 more

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View details of Aerwave's funding rounds and investors

The founders of Aerwave is Alex Wey.

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

Alex Wey: Co-Founder & CEO of Aerwave.
Contact Info: 1 email address

View details of Aerwave's Founder profiles and Board Members

Aerwave's employee count trend

Aerwave has 65 employees as of May 26. Here is Aerwave's employee count trend over the years:

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Top competitors of Aerwave include Helium, Boingo Wireless and WeLink. Here is the list of Top 10 competitors of Aerwave, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Helium 2006, San Francisco (United States), Series D	Hardware mining solutions for cryptocurrency	$370M	Andreessen Horowitz, FTX & 50 others	68/100
2nd	Boingo Wireless 2001, Los Angeles (United States), Acquired	Provider of wireless WiFi internet services	$94.8M	infonet.com, eCOMPANIES & 12 others	63/100
3rd	WeLink 2011, San Jose (United States), Series A	Provider of internet services	$185M	Alchemist Accelerator, Digital Alpha Advisors ... & 1 others	62/100
4th	Anuvu 2014, Santa Ana (United States), Acquired	Provider of broadband internet services to passengers	$50M	Sound Point Capital, Apollo Global Management ... & 2 others	57/100
5th	Uplink 2016, New York City (United States), Series A	Provider of decentralized wireless internet connectivity through a DePIN platform	$10M	Framework Ventures, Stratos & 5 others	54/100
6th	iPass 1996, Redwood City (United States), Acquired	Revolutionizing connectivity with patented free Wi-Fi switching technology and offload	-	Accel, Meritech & 6 others	54/100
7th	Elauwit 1989, Charlotte (United States), Public	Provider of wifi internet services	-	-	53/100
8th	SONIFI Solutions 1980, Sioux Falls (United States), Unfunded	Provider of wi-fi internet services	-	-	51/100
9th	EPB 1994, Chattanooga (United States), Funding Raised	Provider of internet services	-	OSTI	51/100
10th	Dabba 2015, San Francisco (United States), Seed	Web3 powered WiFi networks for emerging markets, connecting the next billion	$125K	Soma Capital, Y Combinator & 3 others	46/100
16th	Aerwave 2016, Dallas (United States), Series B	Managed Wi-Fi solutions provider for multifamily communities, enhancing connectivity	$40M	World Cinema, Moderne Ventures & 5 others	37/100