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WiFi - About the company

WiFi is a series A company based in Shanghai (China), founded in 2013 by Chen Danian. It operates as an App for quickly connecting to wifi hotspots without a password. WiFi has raised $62.6M in funding from NLVC and Eight Roads Ventures, with a current valuation of $1B. The company has 679 active competitors, including 33 funded and 70 that have exited. Its top competitors include companies like Helium, TP-Link and Boingo Wireless.

Sectors and market segments that WiFi operate in

WiFi serves in the Telecom market segments.The primary business model of WiFi is:

Company Details

WiFi Master Key lets users share their WiFi hotspots on the platform, so users can find the available hotspots nearby and access the shared hotspots for free. Besides, the app also has a built-in power saver, traffic tracker, signal detector and tethering features, making it a handy WiFi connection management tool for smartphone users. To improve user experience, WiFi Master Key has invested extensively in finding ways to create a greater network of supplementary hotspots for even better results. Currently, the app’s hotspots are mainly hosted by companies, Internet service providers or governments as part of their smart city campaigns.. All ChinaNet hotspots, of which there are 8 million littered throughout the country, are available to Wifi Skeleton Key users. Those hotspots are run by China Mobile, the world’s largest telecom operator. App also crowdsources login credentials, so when one user logs into a hotspot, his or her credentials are added to the database so that everyone else on the app can also use that hotspot. Boasts 800 million users globally.
Website
wifi.com
Social
XFacebook
Registered Address
BEACH ROAD Pincode : 189767
Key Metrics
Founded Year
2013
Location
Shanghai, China
Stage
Series A
Total Funding
$62.6M in 3 rounds
Latest Funding Round
Post Money Valuation
$1B as on Jun 01, 2017
Investors
Ranked
Employee Count
226 as on May 31, 2026
Investment & Acquisitions
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WiFi's funding and investors

WiFi has raised a total funding of $62.6M over 3 rounds. Its first funding round was on May 22, 2015. Its latest funding round was a Series A round on 2017 for an undisclosed amount. 1 investor participated in its latest round. WiFi has 9 institutional investors.

Here is the list of recent funding rounds of WiFi:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2017
Undisclosed
Series A
-
-
-
Jun 05, 2015
$10.6M
Series A
-
-
-
-
May 22, 2015
$52M
Series A
-
-
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WiFi's founders and board of directors

Founder? Claim Profile
The founders of WiFi is Chen Danian.
Here are the details of WiFi's key team members:

WiFi's employee count trend

WiFi has 226 employees as of May 26. Here is WiFi's employee count trend over the years:
Employee count trend for WiFi
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WiFi's Competitors and alternates

Top competitors of WiFi include Helium, TP-Link and Boingo Wireless. Here is the list of Top 10 competitors of WiFi, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Helium
Helium
2006, San Francisco (United States), Series D
Hardware mining solutions for cryptocurrency
$370M
69/100
2nd
Logo for TP-Link
TP-Link
1996, Shenzhen (China), Acquired
Manufacturer of networking equipment, smart home devices, and surveillance solutions
-
-
63/100
3rd
Logo for Boingo Wireless
Boingo Wireless
2001, Los Angeles (United States), Acquired
Provider of wireless WiFi internet services
$94.7M
63/100
4th
Logo for WeLink
WeLink
2011, San Jose (United States), Series A
Provider of internet services
$185M
62/100
5th
Logo for WiFi
WiFi
2013, Shanghai (China), Series A
App for quickly connecting to wifi hotspots without a password
$62.6M
62/100
6th
Logo for iBUS
iBUS
2010, Bengaluru (India), Acquired
Provider of digital infrastructure and connectivity solutions for businesses and institutions
$141M
59/100
7th
Logo for Anuvu
Anuvu
2014, Santa Ana (United States), Acquired
Provider of broadband internet services to passengers
$50M
57/100
8th
Logo for PureVPN
PureVPN
2006, Hong Kong (China), Funding Raised
Encryption based VPN service for secure and anonymous browsing
-
54/100
9th
Logo for GlocalMe
GlocalMe
2013, Kowloon (China), Unfunded
Provider of internet services
-
-
53/100
10th
Logo for Instabridge
Instabridge
2012, Stockholm (Sweden), Series A
Crowdsourced wi-fi hotspot network provider
$8M
52/100
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WiFi's Investments and acquisitions

WiFi has made 1 investment in funstory.ai and acquired Whisher.

News related to WiFi

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Media has covered WiFi for 1 event in last 1 year.
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FAQs about WiFi

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