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Overview
Aerwave provides managed Wi-Fi as a service for multifamily properties, installing a building-wide fiber backbone and a proprietary mesh network to deliver instant-on, gigabit internet everywhere. Residents access a private, secure network with VLAN-based privacy and per-user encryption, usable across apartments and common spaces without individual routers. Property owners retain most of the internet revenue, with options like AerPays that enable no-capital, flat-monthly payments. The platform acts as a Digital Foundation for the building’s tech stack, supporting smart devices and services, and can retrofit existing properties, integrate into new builds, or take over current infrastructure.
About Aerwave
Industries
Data & Analytics
Hardware
Enterprise Software
Cybersecurity
Company Size
N/A
Company Stage
Series B
Total Funding
$40M
Headquarters
Plano, Texas
Founded
2016
Simplify's Take
What believers are saying
- Aerwave launched Wi-Fi 7 at AvalonBay Kanso Twinbrook in June 2026.
- Aerwave joined the 2026 Inc. 5000, signaling sustained revenue growth.
- April 2026 case studies at Gables Riverwalk and Knightvest showcase repeatable NOI wins.
What critics are saying
- Gigstreem integration after September 2, 2026 can disrupt service, churn accounts, and distract management.
- Cable, fiber, and building-automation vendors keep undercutting Aerwave on bundled pricing and procurement.
- A failed post-merger systems rollout would damage resident trust and kill Aerwave's managed-WiFi thesis.
What makes Aerwave unique
- Aerwave combines fiber backbones and proprietary mesh for property-wide multifamily connectivity.
- Its AerPays model turns resident internet into owner NOI without upfront capital.
- The September 2026 Gigstreem combination creates broader national scale and execution depth.
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Funding
Total Funding
$40M
Below
Industry Average
Funded Over
2 Rounds
Industry standards
Benefits
Health Insurance
Unlimited Paid Time Off
Paid Holidays
401(k) Company Match
Flexible Work Hours
Company News
Aerwave has launched its first Wi-Fi 7 community at AvalonBay's Kanso Twinbrook in Rockville, Maryland. The deployment brings next-generation wireless technology to a property operating without a traditional leasing office, relying instead on digital-first, self-service operations. Wi-Fi 7 delivers significantly higher speeds, lower latency and greater capacity than previous standards, supporting bandwidth-intensive applications and multiple simultaneous device connections. At Kanso Twinbrook, the technology underpins self-touring, virtual tours, remote support and smart building features including electronic locks and package lockers. The property exemplifies AvalonBay's tech-forward approach to apartment living, where residents manage applications, maintenance requests and building access digitally. Aerwave's managed Wi-Fi platform provides the connectivity infrastructure essential to this operating model, positioning the community for future resident expectations.
/PRNewswire/ -- Aerwave, a next-generation managed WiFi platform transforming connectivity in the multifamily industry, today announced $20 million of Series B...
Company also announces new chief operations officer, chief strategy officerDALLAS, April 16, 2024 /PRNewswire/ -- Aerwave , a next-generation managed WiFi platform leading the transformation of the connectivity foundation in the multifamily industry, today announced it has hired Ed Wolff as its president and chief revenue officer. Along with the appointment of Wolff, Charles Walker will be promoted to chief operations officer and Daniel Jensen will transition to chief strategy officer.With over 25 years of experience in the real estate and technology sectors, Wolff will oversee sales, marketing, customer success and client solutions.Since its inception in 2019, Aerwave has accumulated a multi-market portfolio of more than 30,000 apartment homes with an additional 200,000 apartment homes in the pipeline. The addition of Wolff will enable the company to enter new markets, develop new products and strategically cultivate long-lasting partnerships with its clients."I have been watching Aerwave over the years and the growth of the company is undeniably remarkable," Wolff said. "I am thrilled to be a part of its bright future and upward trajectory. Coupled with Aerwave's existing proven industry leaders and in-depth knowledge of innovative WiFi solutions, I am excited to lean on my industry acumen and help catapult the company to new heights."With over 25 years of experience in the real estate and technology sectors, Wolff is a proven team leader with an impeccable track record of developing and implementing successful business strategies. Wolff's responsibilities at Aerwave will consist of overseeing multiple departments within the company, including sales, marketing, customer success and client solutions
The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.
Aerwave, a Dallas, TX-based provider of a multifamily residential connectivity platform, raised $20M in Series A funding
Aerwave is Hiring for 6 Jobs on Simplify!
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About Aerwave
Industries
Data & Analytics
Hardware
Enterprise Software
Cybersecurity
Company Size
N/A
Company Stage
Series B
Total Funding
$40M
Headquarters
Plano, Texas
Founded
2016
Aerwave is Hiring for 6 Jobs on Simplify!
Find jobs on Simplify and start your career today