FundedIQ
Hardware

Aerwave: Funding, Investors & Team (Aug 2026)

Aerwave uses patented DigitalFoundation technology to offer a redesigned connectivity experience for residents and property managers in the multifamily industry. Aerwave provides residents with faster, superior internet service throughout the property, surpassing what traditional telecom companies can offer in multifamily buildings. Additionally, Aerwave assists property management teams with implementing strategic technology projects related to IoT and smart building solutions.

aerwave.io LinkedIn Dallas, United States 51-100 employees
Internet Network Hardware Wireless B2B
Total raised
$38.2M
Rounds
2
Latest
Series B
Sep 2024

Aerwave has raised $38.2M across 2 funding rounds on record, the most recent a Series B of $20.0M announced in Sep 2024.

That round is above the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.

Aerwave Company Profile and Key Stats

Total funding raised
$38.2M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series B
$20.0M in Sep 2024
Employees
51-100
reported band
Headquarters
Dallas, United States

Latest funding round on record: Sep 2024.

Aerwave Funding Rounds

Date
Round
Amount
Series B
$20.0M
Undisclosed round
$18.2M

Aerwave raised $18.2M in an undisclosed round announced in Oct 2022.

1.9 years later, a Series B of $20.0M was announced in Sep 2024.

Aerwave Founders and Leadership Team

Name
Role
Contact
Alex Wey
Founder

No contact details are on record for this team yet.

Aerwave Funding Compared to Other Hardware Startups

Segment
Companies
Median round
1,454
$10M
29,722
$7.5M
4,289
$30M

Aerwave's latest round of $20.0M is above the median round in Hardware. Medians cover the last 24 months of disclosed rounds.

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Aerwave Funding FAQs

What does Aerwave do?

Aerwave uses patented DigitalFoundation technology to offer a redesigned connectivity experience for residents and property managers in the multifamily industry. Aerwave provides residents with faster, superior internet service throughout the property, surpassing what traditional telecom companies can offer in multifamily buildings. Additionally, Aerwave assists property management teams with implementing strategic technology projects related to IoT and smart building solutions.

How much funding has Aerwave raised?

Aerwave has raised $38.2M across 2 rounds on record. The most recent is a Series B of $20.0M announced in Sep 2024.

When did Aerwave last raise funding?

Aerwave's most recent funding round on record is a Series B of $20.0M, announced in Sep 2024.

Who founded Aerwave?

FundedIQ lists Alex Wey (Founder) at Aerwave.

Where is Aerwave headquartered?

Aerwave is based in Dallas, Texas, United States.

How many employees does Aerwave have?

Aerwave is in the 51-100 employee band.

How does Aerwave's funding compare to other Hardware startups?

Aerwave's latest round of $20.0M is above the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.

About FundedIQ's Aerwave Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Aerwave is left off this page rather than filled in.

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