How Much Did goTenna Raise?
Funding & Key Investors

Brooklyn-based goTenna has successfully navigated multiple stages of capital accumulation, culminating in a total funding profile of $42.2M. The company, which specializes in decentralized communication infrastructure, recently secured a $1.4M in a major strategic investment. This latest infusion of capital underscores the growing market demand for resilient, off-grid networking solutions that operate independently of traditional cellular or satellite reliance.

The firm's trajectory reflects a consistent ability to attract high-caliber institutional backing, moving from initial seed-stage interest to significant Series C scaling. By maintaining a focus on proprietary mesh networking technology, goTenna has positioned itself as a critical player in the enterprise and emergency response sectors, ensuring connectivity in environments where conventional infrastructure is either unavailable or compromised.

What is goTenna?

goTenna
ManufacturingTelecommunication EquipmentMobile App Development

Founded in 2012, goTenna provides a sophisticated mobile mesh networking platform designed to facilitate off-grid and decentralized communications. The company's core technology enables devices to create their own localized networks, effectively bypassing the need for centralized towers or satellite links. This capability is particularly vital for enterprise clients, government agencies, and field operations that require secure, reliable data transmission in remote or disaster-stricken areas. By leveraging low-power radio waves, goTenna has carved out a unique niche in the telecommunications landscape, bridging the gap between traditional mobile connectivity and the need for autonomous, resilient communication systems.

How much funding has goTenna raised?

goTenna has raised a total of $42.2M across 5 funding rounds:

2013

Private Equity

$1.8M

2015

Series A

$7.5M

2017

Series B

$7.5M

2019

Series C

$24M

2021

Debt

$1.4M

Private Equity (2013): $1.8M, investors not publicly disclosed

Series A (2015): $7.5M led by BBG Ventures, WaldenVC, Wareness.io, and MentorTech Ventures

Series B (2017): $7.5M supported by Union Square Ventures, WaldenVC, BBG Ventures, LLC, and Mentortech Ventures

Series C (2019): $24M featuring Union Square Ventures, Walden VC, Collaborative Fund, Silicon Valley Bank, Comcast Ventures, MentorTech, Founders Fund, and Bloomberg

Debt (2021): $1.4M backed by PPP

Key Investors in goTenna

Union Square Ventures

Union Square Ventures is a New York City-based venture capital firm that invests in transformative markets influenced by technological and societal changes. The firm targets a variety of sectors, focusing on innovative companies poised for growth.

WaldenVC

Walden Venture Capital is an investment firm that focuses on backing teams with products or services that have mass-market potential and a strong core technology, typically leading early financing rounds.

BBG Ventures, LLC

BBG Ventures invests in visionary entrepreneurs building the next generation of market-defining consumer products and services, with a specific focus on backing female founders who address common life-challenges.

What's next for goTenna?

With the recent $1.4M secured, goTenna is well-positioned to accelerate its enterprise-level expansion and refine its mesh networking protocols. The strategic focus will likely shift toward deepening integration with existing industrial IoT ecosystems and expanding its footprint in the government and defense sectors. As the demand for decentralized, secure communication grows in response to global infrastructure vulnerabilities, goTenna's ability to scale its hardware and software solutions will be paramount. The company is expected to leverage its robust investor syndicate to navigate the complexities of large-scale deployment, ensuring that its technology remains the standard for mission-critical, off-grid connectivity in an increasingly unpredictable global environment.

See full goTenna company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

Building MaterialsManufacturingIndustrial Machinery & Equipment
Industrial Machinery & EquipmentManufacturing
FurnitureManufacturingRetail
ElectronicsManufacturing

Frequently Asked Questions Regarding goTenna Financial Insights

What are the most recent funding rounds that goTenna has completed, and what were the funding rounds?
goTenna has recently completed 3 funding rounds: Debt on Jan 29, 2021, Series C on Jun 19, 2019, Series B on Apr 12, 2017.
What is the total amount of funding goTenna has raised to date?
goTenna has raised a total of $42.2M in funding to date.
How many funding rounds has goTenna completed?
goTenna has completed 3 funding rounds.
How much funding did goTenna raise in its most recent funding round?
goTenna raised $1.4M in its most recent funding round.
Who are the lead investors in goTenna's latest funding round?
The lead investor in goTenna's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in goTenna's history?
The largest funding round in goTenna's history was $24M.
See more information about goTenna