Nova Labs

Nova Labs

Decentralized wireless infrastructure solutions for IoT

Overview

Nova Labs builds and sells connectivity solutions that rely on the Helium Network to create a decentralized wireless infrastructure for telecommunications and IoT. Its products include hardware devices, software platforms, and subscription services that enable scalable, secure wireless coverage. The company operates through direct sales and partnerships with industry leaders, generating revenue from hardware sales, software offerings, and ongoing subscriptions. Nova Labs distinguishes itself by leveraging a decentralized network model to expand coverage and improve network reliability at a global scale, supported by partnerships that extend reach and capability. The goal is to provide a seamless and efficient network experience for users with reliable connectivity across diverse environments.

About Nova Labs

Simplify's Rating
Why Nova Labs is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Hardware

Industrial & Manufacturing

Enterprise Software

Cybersecurity

Company Size

11-50

Company Stage

Series D

Total Funding

$364.8M

Headquarters

San Francisco, California

Founded

2013

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Simplify's Take

What believers are saying

  • Telefónica partnership deploys hotspots in Mexico City and Oaxaca since January 2024.
  • University of Miami Athletics sponsorship boosts visibility in 2023-2024 season.
  • OpenWifi standard integration accelerates telecom operator adoption globally.

What critics are saying

  • Solana migration centralizes validators, collapsing HNT value and operator incentives.
  • T-Mobile fallback erodes Nova Labs control over subscriber data and economics.
  • Stagnant hotspot deployments since 2022 cause coverage gaps and subscriber churn.

What makes Nova Labs unique

  • Nova Labs pioneers Proof-of-Coverage algorithm validating hotspot wireless coverage.
  • Helium Network spans 51,000 cities via decentralized peer-to-peer hotspots.
  • Helium Mobile offers $5 unlimited plan with T-Mobile fallback coverage.

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Funding

Total Funding

$364.8M

Above

Industry Average

Funded Over

0 Rounds

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Flexible Work Hours

Wellness Program

401(k) Retirement Plan

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-2%
InsideBitcoins
Jul 12th, 2025
Top Trending Cryptos on Solana Chain Today - Helium, Clearpool, SwarmNode.ai

Nova Labs launched Helium Mobile version 3.6.5 on Android on July 8.

Altcoin Buzz
Jan 24th, 2024
Telefonica and Nova Labs Introduce Helium Mobile in Mexico

Nova Labs is teaming up with telecommunications giant Telefonica to introduce Helium Mobile Hotspots to Mexico

PR Newswire
Jan 24th, 2024
Telefónica And Nova Labs Launch Helium Mobile Hotspots In Mexico

Telefónica customer coverage extended in Mexico City and Oaxaca by offloading mobile data to the Helium Mobile Network.and by offloading mobile data to the Helium Mobile Network. Telefónica and Nova Labs pioneering solution enables Telefónica customers to connect to the Helium Mobile Network in a secure and controlled manner using their existing SIM.MEXICO CITY and LOS ANGELES, Jan. 24, 2024 /PRNewswire/ -- Telefónica (NYSE: TEF), the world's leading telecommunications services provider, and Nova Labs , a pioneer in decentralized wireless communication technologies, have partnered to launch Helium Mobile Hotspots in Mexico. The solution, implemented with select customers in Mexico City and Oaxaca, will extend Telefónica's coverage and enable offloading of mobile data to the Helium Mobile Network and improve overall mobile coverage service for customers.Hotspot deployment in Oaxaca, MexicoTelefónica and Nova Labs have built a solution based on the OpenWifi standard developed by the Telecom Infra Project (TIP). This solution enables select Movistar customers in Mexico to access the Helium Mobile Network using their Movistar SIM cards for authentication."Telefónica is exploring ways to expand coverage through innovative, lower-cost, cooperative-based solutions. This program in Mexico is critical to evaluate performance and customer satisfaction of this solution and its associated costs," said José Juan Haro, Chief Wholesale and Public Affairs Officer at Telefónica

CryptoSlate
Dec 11th, 2023
Solana-based Helium's unlimited plan launch propels HNT to yearly high

Nova Labs, the entity behind Helium Network, partnered with T-Mobile to extend coverage for Helium Mobile in areas where the network is absent.

Refresh Miami
Nov 29th, 2023
10+ Things To Know In #Miamitech: News About Helium Mobile, Alchemy, Fursure, Broward Relocations, Streann, Overproof, Um’S Climate Grant, Mdc Plus Top-Read Stories In November

1UM Athletics partners with Helium MobileBye, bye Verizon. University of Miami Athletics has partnered with the upstart. Helium Mobile, a cell phone service built that calls itself as the world’s first people-powered network, has been named the Official Wireless Sponsor of Miami Hurricanes Athletics. Helium Mobile will be present during home games throughout the 2023-2024 season with planned activations and giveaways for University of Miami fans.The news comes just after announcing its service in Miami, its inaugural market, and launching its first hotspots   for its  $5/month unlimited phone plan.Helium Mobile is powered in part by the Helium Network, which is a decentralized patchwork of individuals who provide the network with connectivity and get paid in crypto in return. When Helium Mobile subscribers are out of range of one of these providers, they hop onto T-Mobile’s coverage network. “Helium Mobile represents a new category of cellular providers using what we call dynamic coverage, which is both traditional and legacy cell service, combined with people-powered cell towers,” Nova Labs COO Frank Mong told Refresh Miami last month.As part of this collaboration, Helium Mobile will host exclusive fan experiences during home games, student section takeovers, and special promotions for attendees. Through this initiative, fans are able to learn more about the people-powered network and sign up for the pilot $5 plan, exclusive to the Miami-Dade, Broward and Palm Beach regions

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