Andrena

What Andrena does

Andrena is a wireless internet service provider (WISP) delivering high-speed broadband to multi-tenant residential buildings, commercial real estate, and small businesses, with a primary footprint in the Northeast United States and concentration in New Jersey (Newark, Hoboken, Princeton). Founded in 2017 and headquartered in Kearny, NJ, the company deploys rooftop antennas connected to a fiber backbone that beam connectivity into buildings via synchronized wireless access points, eliminating the need for in-unit hardware installation or technician dispatch. Residents self-activate service in under three minutes by checking address availability on the company website and selecting a plan, with no long-term contracts or data caps.

Andrena's product surface comprises three core lines: residential internet at $30–$45/month (100, 200, and 500 Mbps tiers), managed business internet with flat-fee pricing and 24/7 concierge support, and free property-wide WiFi installations for building owners. The go-to-market is a B2B2C motion anchored on partnerships with major U.S. multifamily and mixed-use real estate operators—including Greystar, Starwood Property Trust, Lincoln Property Company, Industry City, NHP Foundation, Mint House, and 15+ other listed building partners—whose buildings are pre-wired at no cost, after which residents self-serve sign-up via the website. In parallel, Andrena has developed DAWN, a Solana-based Decentralized Autonomous Wireless Network (DePIN) protocol, with "Black Box" node hardware launching July 2025 to enable decentralized participants to earn points by extending the network—a growth vector that positions the company at the intersection of legacy WISP economics and crypto-incentivized infrastructure.

The company has raised approximately $38 million across multiple funding rounds since 2018, with Dragonfly Capital as the lead investor in both the 2023 Series A ($15M) and the 2024 round ($18M), supplemented by Parafi Capital, VanEck, Castle Island Ventures, 6th Man Ventures, 645 Ventures, FJ Labs, and others. Revenue is subscription-based with month-to-month billing, complemented by free first-month promotions and Affordable Connectivity Program (ACP) qualification that subsidizes up to $30/month for eligible low-income households. The company holds FCC Registration No. 0027343177 and is led by founder/CEO Neil Chatterjee, with co-founder James Smits as COO and Benedikt Westrick as Chief Business Officer.

Name

Andrena

Legal name

Andrena, Inc.

Website

https://andrena.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Andrena is a wireless internet service provider that delivers high-speed broadband to multi-tenant residential buildings and commercial properties in the Northeast US via rooftop antennas, serving residents, building owners, and small businesses with subscription plans starting at $30/month.

Ownership category

akta.pro rank

Product category

Fixed Wireless Broadband / Internet Service Provider

NAICS

Wireless Telecommunications Carriers (except Satellite) (517112), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Telephone Interconnect Systems (7385), Finance Services (6199)

akta.pro primary industry

Cloud‑Managed Wi‑Fi Platforms (WLANaaS) (HDAFACAD)

Keywords

• Wireless broadband services
• Fixed wireless internet
• Building internet solutions
• Decentralized wireless network
• Managed business internet

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Supply Chain, Operations, Personnel, Marketing or Sales

Revenue model

1. Residential & Business Internet Subscription: Monthly recurring subscription revenue from residential and business customers. Plans range from $30 to $45/month for residential speed tiers (100 Mbps, 200 Mbps, 500 Mbps), billed month-to-month with no long-term contracts. Additional managed WiFi/business packages are sold to commercial customers at flat monthly fees.
2. DePIN / DAWN Token Ecosystem: DAWN is a Solana-based DePIN protocol where participants earn points by running Black Box node hardware to support the decentralized wireless network. The economic model is crypto-incentivized, rewarding network participants rather than charging traditional subscription fees for the decentralized layer.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Andrena is a fixed wireless Internet service provider that delivers high-speed broadband to multi-tenant buildings via a fiber backbone and rooftop antennas, distributing connectivity wirelessly throughout the property without in-unit hardware or technician visits. It sells residential subscriptions ($30–$45/month for 100/200/500 Mbps), free building-wide Internet solutions for property owners, and managed Internet for businesses, and is developing DAWN, a Solana-based DePIN protocol for decentralized wireless infrastructure.

Product overview

Andrena operates as a wireless Internet service provider offering three interconnected product lines: Home Internet Service for residential customers at $30-$45/month, Building Internet Solutions for property-wide networks serving multi-tenant buildings at no cost to owners, and Business Managed Internet for commercial customers. The company is also developing DAWN, a Solana-based DePIN protocol for decentralized broadband infrastructure. All services leverage wireless technology delivered via rooftop antennas, eliminating the need for telephone poles and underground cables.

Differentiator

Problem solved

Functional benefit

Brands

• DAWN: Decentralized Autonomous Wireless Network - a Solana-based DePIN protocol for decentralized internet services.

Products and services

• Home Internet Service Residential fixed wireless broadband service delivered via rooftop antennas and synchronized wireless access points throughout multi-tenant buildings. Plans offer 100 Mbps ($30/month), 200 Mbps ($35/month), and 500 Mbps ($45/month) with no data caps, no installation fees, no router costs, first month free, and month-to-month billing with no cancellation fees. Customers self-activate online in under 3 minutes without a technician visit.
• Business Managed Internet White-glove managed Internet service for businesses of all sizes, providing seamless WiFi throughout office spaces, hard-wired connections, IoT support, and 24/7 human concierge support via phone, text, email, and Slack. Pricing is a custom flat monthly fee inclusive of installation and ongoing support.
• Building Internet Solutions Property-wide WiFi and Internet infrastructure for multi-tenant buildings, provided at no cost to building owners and property managers. Andrena installs a rooftop antenna and synchronized wireless access points throughout the property, delivering connectivity to residents, staff, and IoT devices and increasing property value without owners bearing installation or ongoing service costs.
• DAWN (Decentralized Autonomous Wireless Network) Protocol A Solana-based Decentralized Physical Infrastructure Network (DePIN) protocol for decentralized broadband services. Participants earn points by deploying Black Box node hardware to support the user-owned, crypto-incentivized wireless network.

Quantifiable outcome

• Plans up to 500 Mbps starting at $30/month — significantly lower than incumbent ISPs for comparable or better speeds
• +5 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

19 partnerships are on record, tiered flagship, core and minor.

• Helium MobileflagshipTechnology or Integration · 16 January 2025Helium Mobile partnered with Andrena's DAWN protocol to build a fixed wireless last-mile network. This is a strategic integration combining Helium Mobile's existing decentralized wireless infrastructure with DAWN's protocol layer, creating a complementary fixed wireless solution.
• GreystarcoreChannel Partner/ Reseller/ DistributorGreystar (real estate owner/operator) is listed as a key building owner partner on Andrena's website. Greystar is one of the largest multifamily real estate companies in the US, providing Andrena with access to a large portfolio of buildings for infrastructure deployment.
• Starwood Property Trust / StarwoodcoreChannel Partner/ Reseller/ DistributorStarwood is listed as a key real estate partner on Andrena's website. Starwood is a major commercial real estate investment firm with a significant portfolio of multifamily properties across the US.
• Lincoln Property Company (LPC)coreChannel Partner/ Reseller/ DistributorLincoln Property Company (LPC) is listed as a key building owner partner on Andrena's website. LPC is one of the largest real estate management and development firms in the US.
• Industry CityminorChannel Partner/ Reseller/ DistributorIndustry City (a large mixed-use complex in Brooklyn, NY) is listed as a partner on Andrena's website, indicating Andrena provides Internet services to the complex and its tenants.
• NHP FoundationminorChannel Partner/ Reseller/ DistributorNHP Foundation (a nonprofit focused on affordable housing) is listed as a partner, indicating Andrena's Internet services are deployed at NHP Foundation properties, supporting the company's digital inclusion mission.
• Mint HouseminorChannel Partner/ Reseller/ DistributorMint House (a tech-enabled extended-stay hospitality brand) is listed as a partner, indicating Andrena provides managed Internet services for Mint House properties.
• HvrsminorChannel Partner/ Reseller/ DistributorHvrs is listed as a building partner on Andrena's website, indicating Andrena provides Internet infrastructure at Hvrs properties.
• LoftsminorChannel Partner/ Reseller/ DistributorLofts (real estate properties) is listed as a building owner partner on Andrena's website.
• Arker CompaniesminorChannel Partner/ Reseller/ DistributorArker Companies is listed as a building owner partner on Andrena's website, providing residential Internet services at their properties.
• TavrosminorChannel Partner/ Reseller/ DistributorTavros is listed as a partner on Andrena's website, indicating a real estate partnership for Internet deployment.
• Salman CapitalminorChannel Partner/ Reseller/ DistributorSalman Capital is listed as a building partner on Andrena's website.
• BluestoneminorChannel Partner/ Reseller/ DistributorBluestone is listed as a building owner partner on Andrena's website.
• Dime Community BankminorChannel Partner/ Reseller/ DistributorDime Community Bank (Dime) is listed as a partner on Andrena's website, indicating a commercial real estate or business relationship.
• Winchester EquitiesminorChannel Partner/ Reseller/ DistributorWinchester Equities is listed as a building owner partner on Andrena's website.
• AlmaminorChannel Partner/ Reseller/ DistributorAlma (real estate developer/operator) is listed as a building partner on Andrena's website.
• Community BuildersminorChannel Partner/ Reseller/ DistributorThe Community Builders (a nonprofit real estate developer focused on affordable housing) is listed as a partner, supporting Andrena's digital inclusion mission.
• SpaxelminorChannel Partner/ Reseller/ DistributorSpaxel is listed as a building owner partner on Andrena's website.
• Affordable Connectivity Program (ACP)coreOthersAndrena is an ACP-qualified provider, enabling eligible low-income households to receive up to $30/month toward their Andrena Internet bill, directly supporting the company's mission to bridge the digital divide.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Starry Internet Holdings: Starry is a fixed wireless ISP targeting the same multi-tenant apartment/condo market with rooftop-antenna-to-building wireless distribution. Same core architecture (fiber backbone, building-wide wireless) and same customer segments (building owners, residents) as Andrena.
• Helium Mobile: Helium Mobile operates a Solana-based decentralized wireless network using crypto-incentivized node operators — the same DePIN paradigm Andrena's DAWN protocol is building on. Already an explicit integration partner of DAWN (Jan 2025).
• Pollen Mobile: Pollen Mobile is an emerging DePIN wireless network offering decentralized cellular connectivity via user-deployed hotspots. Closely comparable to DAWN's vision of community-owned, crypto-incentivized wireless infrastructure.
• Wisper Internet: Wisper Internet is a fixed wireless ISP serving residential and business customers across the US Midwest and South using tower-to-subscriber wireless architecture. Comparable business model (wireless-first ISP) and customer base, though primarily rural/suburban.

Broad incumbents

• Xfinity (Comcast): Comcast Xfinity is the largest cable ISP in the US with extensive MDU penetration and a national broadband footprint. The dominant incumbent Andrena competes against in dense urban multi-tenant buildings.
• Boingo Wireless: Boingo provides managed Wi-Fi and small-cell wireless infrastructure for large venues (airports, stadiums, military bases, hotels). Comparable property-wide Wi-Fi distribution capability though focused on commercial venues rather than residential MDUs.
• Webpass (Google Fiber): Webpass, now part of Google Fiber, pioneered fixed wireless-to-building broadband for apartments and condos in major US cities. Direct architectural precedent for Andrena's building-wide wireless model; now embedded in a much larger fiber roll-out play.
• Google Fiber: Google Fiber is a major US broadband ISP (fiber and fixed wireless) backed by Alphabet's capital and resources. Represents the deep-pocketed incumbent threat — well-funded, multi-product, and now incorporating Webpass-style fixed wireless into its playbook.
• Verizon Fios: Verizon Fios is a major US fiber-to-the-home ISP with deep penetration in the Northeast US (the same region where Andrena is concentrated). Represents the most direct incumbent competitive threat in Andrena's home market.

Regional players

• Rise Broadband: Rise Broadband is one of the largest fixed wireless ISPs in the US, serving primarily rural and small-town markets where fiber/cable is uneconomic. Comparable wireless-ISP economics but geographically focused on regions Andrena does not serve.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/andrena_wifi
• Facebookfacebook.com/andrenainternet
• LinkedInlinkedin.com/company/andrenainternet

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds6 records

Investors24 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Andrena