Aerwave
Aerwave provides managed WiFi infrastructure for multifamily residential properties, operating a fiber-based mesh networking platform across 28+ US markets and serving over 60,000 apartment units through subscription-based services to property owners and managers.
- Company typePrivate
- Founded2019
- HeadquartersDallas, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Aerwave does
Aerwave is a managed WiFi provider purpose-built for the multifamily residential sector, founded in 2019 and headquartered in Plano, Texas. The company designs, funds, deploys, and operates property-wide connectivity infrastructure on a fiber-based mesh networking backbone layered with proprietary management software and enterprise-grade RUCKUS R550 access points, delivering gigabit-plus internet with 24/7 domestic support, real-time monitoring, and resident-facing digital tools including QR-code-based self-service activation. Aerwave generates recurring subscription revenue through monthly service fees paid by property owners and management companies, with modular deployment options covering retrofits of existing properties, new construction, and takeover of incumbent infrastructure.
The company sells primarily through an enterprise field sales motion targeting multifamily property owners, managers, and developers, supplemented by self-service resident activation. Aerwave reports a footprint spanning 28+ US markets, 200+ communities, and 60,000+ apartment units, with named customers including Gables Residential, AMLI Residential, Valiant Residential, Rosewood Property Company, and Waterton. The investor base includes Moderne Ventures (lead in both rounds), an S&P 500 REIT, Dominicus Wireless, Equity Residential, RWT Horizons, Westover Companies, and WorldVue Connect Global, with $40 million raised across a 2022 Series A and a 2024 Series B. Leadership includes co-founder and CEO Alex Wey, co-founder and CRO Daniel Jensen, president Ed Wolff, and SVP of Customer Experience Lynn Dunlap-Regan. The company has stated plans to double its size in 2025 and reports 100% client retention.
Aerwave firmographics
Firmographics- Name
- Aerwave
- Legal name
- Aerwave
- Website
- https://aerwave.io/
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Aerwave provides managed WiFi infrastructure for multifamily residential properties, operating a fiber-based mesh networking platform across 28+ US markets and serving over 60,000 apartment units through subscription-based services to property owners and managers.
- Ownership category
- akta.pro rank
Aerwave industry classification
Industry- Product category
- Managed Wi-Fi Services for Multifamily Real Estate
- NAICS
- Wired and Wireless Telecommunications (except Satellite) (5171)
- SIC
- Computer Communications Equipment (3576)
- akta.pro primary industry
- Managed Wi‑Fi & WLAN Services (Campus/Branch) (HDAIAGAB)
- akta.pro secondary industry
- Residential Broadband CPE (DSL/Cable/Fiber Gateways) (HDAFAIAA)
Keywords
Where Aerwave is headquartered
LocationHeadquarters
- HQ city
- Dallas
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Aerwave business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Managed WiFi Services: Monthly service model where Aerwave funds and operates the network infrastructure, with property owners paying a recurring monthly fee for managed WiFi services. Revenue is recurring in nature as property owners subscribe to the managed service, cutting service escalations and boosting net operating income for property owners.
- Network Infrastructure Services: Aerwave designs, funds, deploys, and operates property-wide connectivity infrastructure. Property owners pay monthly for the service while residents access internet as part of their living arrangement.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Property-wide managed WiFi service with monthly billing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Aerwave product offering
Product offeringCore offering
Aerwave designs, funds, deploys, and operates property-wide managed Wi-Fi networks for multifamily residential communities, built on a fiber-based mesh backbone with enterprise-grade access points and proprietary software. Property owners and management firms pay a recurring monthly subscription for the fully managed service, while residents access gigabit-speed internet across the property via self-service QR-code activation with 24/7 domestic support.
Product overview
Aerwave offers a unified managed Wi-Fi platform for multifamily residential communities, providing seamless gigabit-speed internet with 24/7 domestic support, intuitive digital tools, and real-time insights. The platform consists of a core Managed Wi-Fi Platform that serves as the primary offering, supplemented by three service modules: Retrofit Solutions for existing properties, New Construction for purpose-built deployments, and Wi-Fi Takeover for transitioning from existing infrastructure. The company operates on a fiber-based mesh networking architecture with proprietary software.
Differentiator
Problem solved
Functional benefit
Products and services
- Managed Wi-Fi Platform End-to-end managed Wi-Fi service for multifamily residential communities, delivering gigabit-speed internet property-wide via a fiber-based mesh backbone with proprietary software, 24/7 domestic support, real-time network monitoring, and intuitive digital tools for residents, property teams, and owners. Sold on a recurring monthly subscription to property owners and management companies.
- Retrofit Solutions
Quantifiable outcome
- Customer satisfaction improved from 40% to 90% under current customer experience leadership
- +3 more outcomes
Companies that use Aerwave
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Aerwave technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Aerwave partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Gables ResidentialcoreMajor multifamily property management company partnering with Aerwave to deploy property-wide managed WiFi at their Gables Riverwalk luxury high-rise in Fort Lauderdale, Florida. Partnership includes multiple properties with over 1,000 units total - two properties live, two under construction. Uses RUCKUS R550 access points on fiber mesh backbone.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
Aerwave competitors and assessment
Company assessmentDirect peers
- Boingo Wireless: Boingo Wireless provides managed WiFi and wireless connectivity solutions across MDU, military, hospitality, and large venues. While broader in vertical, its multifamily managed WiFi offering competes directly with Aerwave's enterprise-grade property-wide connectivity platform.
- Hotwire Communications: Hotwire Communications is a national fiber-based telecommunications provider specializing in managed WiFi, video, and voice services for MDU communities, including luxury high-rises. It serves the same enterprise customer segment as Aerwave with similar bulk-service and infrastructure-takeover models.
- Single Digits: Single Digits delivers managed WiFi, network design, and connectivity solutions for multifamily, hospitality, and student housing. It competes with Aerwave in providing property-wide managed WiFi with resident experience focus and is a comparable in scale and target vertical.
- WorldVue: WorldVue (formerly WorldVue Connect Global) is a leading provider of managed WiFi, TV, and connectivity solutions for the multifamily/MDU industry. It directly competes with Aerwave in bulk managed WiFi for apartment communities and was an investor in Aerwave's Series A round, making it both a financial counterparty and direct competitive comparable.
- Spot On Networks: Spot On Networks provides managed WiFi and wireless connectivity solutions purpose-built for multifamily housing, student housing, and senior living. It overlaps directly with Aerwave's fiber-mesh, property-wide WiFi offering and target customer base of property owners and managers.
Emerging players
- ADT (formerly SmartRent): ADT operates the SmartRent platform providing smart-home and connectivity infrastructure for multifamily properties. While focused on smart-home IoT rather than managed WiFi, it overlaps with Aerwave's property-owner buyer and increasingly bundles connectivity, making it an emerging adjacent competitor.
- Gigapower: Gigapower is a fiber-to-the-home joint venture (backed by AT&T and BlackRock) building gigabit fiber networks across multiple US markets. While primarily a fiber wholesaler, it enables MDU connectivity solutions that overlap with Aerwave's deployment footprint and target markets.
Others
Broad incumbents
- AT&T Connected Communities: AT&T provides bulk internet and managed connectivity solutions for multifamily property owners through its Connected Communities program. It is a broad incumbent that can leverage national fiber assets and carrier-scale pricing in deals where Aerwave also competes.
- Comcast Xfinity Communities: Comcast's Xfinity Communities division delivers bulk internet, video, and managed WiFi services to MDU property owners. As an incumbent ISP with extensive fiber infrastructure, it competes with Aerwave on larger enterprise multifamily deals where scale and bundling matter.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Aerwave social profiles
Digital presenceAerwave financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aerwave leadership team
Management profileNumber of profiles
Profiles4 records
Aerwave funding detail
Funding detailFunding overview
Funding rounds2 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aerwave M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Aerwave
What does Aerwave do?
Aerwave designs, funds, deploys, and operates property-wide managed Wi-Fi networks for multifamily residential communities, built on a fiber-based mesh backbone with enterprise-grade access points and proprietary software. Property owners and management firms pay a recurring monthly subscription for the fully managed service, while residents access gigabit-speed internet across the property via self-service QR-code activation with 24/7 domestic support.
Is Aerwave a public or private company?
Aerwave is a private company. It is classified as venture growth investor backed and is currently operating.
When was Aerwave founded?
Aerwave was founded in 2019. It employs 51 to 100 people.
Where is Aerwave based?
Aerwave is headquartered in Dallas, United States, in the North America region.
How does Aerwave make money?
Two revenue lines are on record. Managed WiFi Services are the primary driver. The others are network Infrastructure Services.
Who are Aerwave's main competitors?
Direct peers on record are Boingo Wireless, Hotwire Communications, Single Digits, WorldVue and Spot On Networks. Emerging players are ADT (formerly SmartRent) and Gigapower. Cox Communications (Cox Communities) is listed as an others. Broad incumbents are AT&T Connected Communities and Comcast Xfinity Communities.
Does Aerwave have an API?
No public API is recorded for Aerwave.
What industry is Aerwave in?
Aerwave's product category is Managed Wi-Fi Services for Multifamily Real Estate. Its primary akta.pro industry code is HDAIAGAB, Managed Wi‑Fi & WLAN Services (Campus/Branch), with a secondary code of HDAFAIAA, Residential Broadband CPE (DSL/Cable/Fiber Gateways). Its NAICS code is 5171 and its SIC code is 3576.