Elauwit Connection
Elauwit Connection is a publicly-traded managed services provider that designs, builds, and operates broadband and WiFi networks for multifamily and student housing communities across 25 states, serving roughly 40,000 units through NaaS and Managed Services financial models.
- Company typePublic
- Founded2025
- HeadquartersCheyenne, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Elauwit Connection does
Elauwit Connection, Inc. is a national managed services provider that designs, builds, and operates broadband and WiFi networks exclusively for multifamily and student housing communities. Founded in 2002 and headquartered in Columbia, South Carolina, the company operates across 25 states plus Washington D.C., serving approximately 176 sites and roughly 40,000 units. Its technology stack is built on Cambium Networks' ONE Network platform, deploying Wi-Fi 6 access points, XGS-PON fiber-to-the-unit solutions, and centralized management to deliver gigabit symmetric speeds with 10 Gig fiber backbones and 99% uptime targets. The company holds SOC 2 Type 2 certification and emphasizes 24/7/365 human resident support with sub-30-second response times as a service differentiator.
Elauwit offers two primary commercial structures. Under Network-as-a-Service (NaaS), Elauwit funds, owns, and operates the network infrastructure for a predictable monthly fee on a 120-month term (minimum 200 units per property). Under Managed Services, property owners fund construction upfront and retain network ownership on a 60-month term (minimum 100 units per property), with Elauwit providing operations and maintenance. Revenue is generated through one-time construction/deployment fees plus recurring monthly service fees from owners, and indirectly through resident connectivity fees that flow to owner NOI. Construction costs are modeled at approximately $1,000 per unit.
The go-to-market is sales-led, with field sales representatives engaging multifamily property owners, developers, and operators at both the enterprise and mid-market tiers. The company expanded its sales organization in 2026 and has secured contracts with customers including Thompson Thrift (4,500+ units across 15+ communities), GoldOller Real Estate, Campus Advantage, Hanover, Embrey, BSR, GID, JBG Smith, True Ground, and Yugo. Elauwit went public on NASDAQ in November 2025 (ticker ELWT), raising approximately $15.6 million, but subsequently disclosed a $1.4 million revenue recognition restatement in Q3 2025, faced a securities class action investigation, and has undergone significant leadership turnover including new CFO, CIO/COO, CAO, CGO, and VP-level appointments.
Elauwit Connection firmographics
Firmographics- Name
- Elauwit Connection
- Legal name
- Elauwit Connection, Inc.
- Website
- https://elauwit.com
- Company type
- Public
- Founded year
- 2025
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Elauwit Connection is a publicly-traded managed services provider that designs, builds, and operates broadband and WiFi networks for multifamily and student housing communities across 25 states, serving roughly 40,000 units through NaaS and Managed Services financial models.
- Ownership category
- akta.pro rank
Elauwit Connection industry classification
Industry- Product category
- Managed Network Services
- NAICS
- Wired and Wireless Telecommunications (except Satellite) (5171)
- SIC
- Computer Communications Equipment (3576), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Wi‑Fi 6/6E/7 Infrastructure & Multi‑Gig Switching for WLAN (HDAFACAE)
- akta.pro secondary industries
- Wi‑Fi Controllers & WLAN Gateways (On‑prem/Virtual) (HDAFACAC), Residential Technology (Access Control, Wi‑Fi, Work Orders) (EDALACAL), Home Networking & Connected Home Infrastructure (Wi‑Fi Mesh, Routers, Matter/Thread/Zigbee Bridges) (HSAPAQAG)
Keywords
Where Elauwit Connection is headquartered
LocationHeadquarters
- HQ city
- Cheyenne
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Elauwit Connection business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Network Construction/Deployment Services: One-time revenue from designing and deploying network infrastructure for new construction and retrofit projects. Revenue recognition error occurred in this stream during 2025, requiring restatement of approximately $1.4 million.
- Network-as-a-Service (NaaS) Monthly Fees: Recurring monthly fees from NaaS model where Elauwit owns and operates the network. Property owners pay predictable monthly line items. Revenue recognized over the service term of 120 months.
- Managed Services Monthly Fees: Recurring monthly service fees under the Managed Services model where owners own the network infrastructure and Elauwit provides operation and maintenance services.
- Resident Connectivity Fees: Property owners charge residents a monthly connectivity fee bundled with rent or billed as an amenity. This creates new recurring revenue streams for property owners, converting resident costs into property NOI at cap rate multiples.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Network-as-a-Service (NaaS): Zero upfront capital, Elauwit owns and operates network |
| Subscription | Monthly | Managed Services: Owner-funded construction with greater NOI upside |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Elauwit Connection product offering
Product offeringCore offering
Elauwit Connection designs, builds, and operates managed WiFi and broadband networks for multifamily, student housing, and senior living communities across 25+ U.S. states. The company delivers multi-gigabit fiber connectivity with property-wide coverage, 24/7 human support, and IoT-ready infrastructure, offered through two commercial arrangements: Network-as-a-Service (NaaS) and Managed Services.
Product overview
Elauwit Connection is a national managed services provider that designs, builds, and operates premium broadband and property-wide WiFi networks exclusively for multifamily and student housing communities. The company's core offering is Managed WiFi, delivered through two financial models: Network-as-a-Service (NaaS) with zero upfront capital where Elauwit owns and operates the network, and Managed Services where property owners invest upfront and retain network ownership. The service portfolio includes gigabit fiber connectivity to every unit, property-wide WiFi coverage across units, amenities, and outdoor spaces, 24/7 human resident support with sub-30-second response times, and IoT-ready infrastructure for smart building technology. Elauwit operates across 25 states serving approximately 38,000+ units.
Differentiator
Problem solved
Functional benefit
Products and services
- Managed WiFi for Multifamily, Student Housing, and Senior Living
Quantifiable outcome
- 154% year-over-year revenue growth (2025 vs 2024)
- +5 more outcomes
Companies that use Elauwit Connection
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles4 records
Elauwit Connection technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Elauwit Connection partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and flagship.
- Cambium NetworkscoreTechnology partnership for WiFi infrastructure. Elauwit deploys Cambium Networks' ONE Network platform featuring Wi-Fi 6 Access Points, fiber switches, and centralized management. Partnership enables high-capacity, property-wide connectivity with gigabit speeds and seamless roaming across multifamily communities.
- Thompson ThriftflagshipExpanded partnership deploying managed WiFi across Thompson Thrift's new construction multifamily portfolio. Deployment covers 4,500+ units across 15+ communities in Florida, Georgia, Indiana, Colorado, and expanding markets. Elauwit integrates managed WiFi services directly into Thompson Thrift's construction workflow, coordinating with general contractors and aligning network activation to certificate-of-occupancy schedules.
- GoldOller Real EstatecorePartnership to deliver high-performance fiber-based broadband solution at Woodbridge Apartments (450-unit property). Elauwit deployed XGS-PON fiber-to-the-unit solution with gigabit speeds to every apartment and 10 Gig Fiber backbone. Deployment completed in 120 days, resulting in increased property value and NOI improvement.
- Campus AdvantagecorePartnership for student housing WiFi retrofit at The Spoke property in Davis, California. Elauwit designed and implemented comprehensive fiber and network equipment upgrade, achieving internet speeds surge from 30 Mbps to full Gigabit wired service. Project won Student Housing Business Innovator Award.
Scale indicators12 records
Recent moves9 records
Expansion highlights6 records
Elauwit Connection competitors and assessment
Company assessmentBroad incumbents
- Cox Communications: Major US cable broadband provider with multifamily managed WiFi offerings including Connect Apartments. Competes with Elauwit on bulk internet and property-wide WiFi deployments for apartment owners.
- Charter Spectrum Communities: Multifamily and MDU business of Charter Communications providing managed WiFi and bulk broadband services to apartment communities. Incumbent cable operator with nationwide footprint offering competing property-wide connectivity.
- AT&T Connected Communities: Telecom giant's multifamily and student housing division offering managed WiFi, fiber-to-the-unit, and bulk broadband services. Competes with Elauwit across both multifamily and student housing verticals with much larger scale and capital resources.
- Comcast Xfinity Communities: Multifamily-focused division of Comcast offering managed WiFi, bulk internet, and connected property solutions. As the largest US cable provider with massive capital base, represents a broad incumbent competitor with overlapping capabilities.
Direct peers
- Zentro: Provider of gigabit internet and managed WiFi services for multifamily properties. Operates a similar model targeting apartment building owners with bulk connectivity solutions as an amenity and revenue stream.
- Pavlov Media: Internet service provider specializing in student housing and multifamily communities. Operates fiber networks delivering managed connectivity to purpose-built student housing, directly overlapping with Elauwit's Campus Advantage deployments.
- Boingo Wireless: Provider of WiFi services for multifamily housing, military bases, and large venues. Acquired Single Digits to expand MDU footprint, making it a direct competitor in property-wide managed WiFi for apartment communities.
- Spot On Networks: Provider of managed WiFi networks for multifamily housing, student housing, hotels, and senior living. Competes directly in property-wide WiFi deployment and resident connectivity services for similar customer segments.
- Hotwire Communications: National provider of fiber-based communications services exclusively for residential and commercial properties including multifamily and student housing. Operates a similar managed WiFi and broadband model targeting the same property owner customer base.
- Airwave Networks: Managed WiFi provider serving the multifamily industry with property-wide internet and WiFi solutions. Targets the same property owner and developer customer base with similar bulk-service broadband offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Elauwit Connection social profiles
Digital presenceElauwit Connection compliance and trust
Trust signalCompliance1 record
Elauwit Connection financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elauwit Connection leadership team
Management profileNumber of profiles
Profiles11 records
Elauwit Connection funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elauwit Connection 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 Elauwit Connection
What does Elauwit Connection do?
Elauwit Connection designs, builds, and operates managed WiFi and broadband networks for multifamily, student housing, and senior living communities across 25+ U.S. states. The company delivers multi-gigabit fiber connectivity with property-wide coverage, 24/7 human support, and IoT-ready infrastructure, offered through two commercial arrangements: Network-as-a-Service (NaaS) and Managed Services.
Is Elauwit Connection a public or private company?
Elauwit Connection is a public company. It is classified as public and is currently operating.
When was Elauwit Connection founded?
Elauwit Connection was founded in 2025. It employs 51 to 100 people.
Where is Elauwit Connection based?
Elauwit Connection is headquartered in Cheyenne, United States, in the North America region.
How does Elauwit Connection make money?
Four revenue lines are on record. Network Construction/Deployment Services are the primary driver. The others are network-as-a-Service (NaaS) Monthly Fees, managed Services Monthly Fees and resident Connectivity Fees.
Who are Elauwit Connection's main competitors?
Broad incumbents on record are Cox Communications, Charter Spectrum Communities, AT&T Connected Communities and Comcast Xfinity Communities. Direct peers are Zentro, Pavlov Media, Boingo Wireless, Spot On Networks, Hotwire Communications and Airwave Networks.
Does Elauwit Connection have an API?
No public API is recorded for Elauwit Connection.
What industry is Elauwit Connection in?
Elauwit Connection's product category is Managed Network Services. Its primary akta.pro industry code is HDAFACAE, Wi‑Fi 6/6E/7 Infrastructure & Multi‑Gig Switching for WLAN, with a secondary code of HDAFACAC, Wi‑Fi Controllers & WLAN Gateways (On‑prem/Virtual). Its NAICS code is 5171 and its SIC code is 3576.