What is Aerwave?
Founded in 2019, Aerwave operates as a next-generation connectivity platform dedicated to establishing a robust Digital Foundation for multifamily residential buildings. The company addresses the fragmented nature of residential network infrastructure by providing a unified, intelligent solution that supports smart home integration, self-guided tours, and reliable WiFi calling. By bridging the gap between property owners and residents, Aerwave transforms traditional apartment complexes into high-tech, connected environments. Its market position is defined by its focus on network intelligence, which not only enhances the resident experience but also provides property managers with the tools necessary to streamline operations and increase asset value through superior digital connectivity.
How much funding has Aerwave raised?
Aerwave has raised a total of $20M across 1 funding round:
Series A
$20M
Series A (2022): $20M with participation from RWT Horizons, The Westover Companies, World Cinema, Equity Residential, and Moderne Ventures
Key Investors in Aerwave
The Westover Companies
A property management firm with over 50 years of experience, specializing in leasing modern and luxurious apartments across six states with a focus on sustainable living.
World Cinema
A long-standing provider of satellite television programming and digital services to hotels, hospitals, and large-scale apartment complexes.
Equity Residential
A prominent real estate investment trust based in Chicago that focuses on the acquisition and management of high-quality apartment properties across the United States.
What's next for Aerwave?
With this major enterprise-level funding, Aerwave is well-positioned to scale its operations and deepen its penetration into the multifamily real estate market. The strategic focus will likely shift toward expanding its network footprint and enhancing its software-defined connectivity features. By leveraging the expertise of its diverse investor base—which includes real estate investment trusts and specialized property management firms—Aerwave is poised to refine its product-market fit. Future growth will likely center on the integration of advanced IoT capabilities and the continued optimization of its network intelligence platform, ensuring that Aerwave remains the standard for digital infrastructure in the residential sector.
See full Aerwave company page
