How Much Did Senawave Raise?
Funding & Key Investors

Senawave, a prominent fiber-optic Internet Service Provider headquartered in Salt Lake City, has successfully secured additional capital to bolster its regional infrastructure. This latest infusion of $5K represents a strategic move in the company's broader financial trajectory, bringing its cumulative capital intake to $155K. By leveraging debt financing, the firm continues to optimize its balance sheet while maintaining focus on its core mission of delivering high-speed connectivity across Utah.

What is Senawave?

Senawave
TelecommunicationsInternet Service Providers, Website Hosting & Internet-related ServicesVoIP

Operating at the intersection of telecommunications and digital infrastructure, Senawave provides a comprehensive suite of network solutions. The company specializes in fiber-optic internet, microwave wireless technology, and cloud-based services, serving a diverse client base that spans residential homeowners, commercial enterprises, and multi-family housing developments. By prioritizing high-quality connectivity and localized customer support, Senawave has established itself as a critical utility provider in the Salt Lake City market, effectively bridging the gap between legacy telecom services and modern, high-bandwidth requirements.

How much funding has Senawave raised?

Senawave has raised a total of $155K across 2 funding rounds:

2020

Debt

$150K

2024

Debt

$5K

Debt (2020): $150K with participation from PPP

Debt (2024): $5K led by Live Oak Bank

Key Investors in Senawave

Live Oak Bank

A specialized financial institution known for providing lending solutions to small businesses and technology-driven enterprises across the United States.

PPP

Public-Private Partnership

What's next for Senawave?

With the recent injection of growth capital, Senawave is well-positioned to accelerate its network expansion and enhance its service delivery capabilities. The company's focus on late-stage scaling suggests a transition toward broader market penetration and the potential for upgrading existing microwave wireless infrastructure to more robust fiber-optic standards. As the demand for reliable, high-speed internet continues to surge, Senawave's strategic use of debt financing provides the necessary liquidity to invest in capital-intensive network assets while maintaining operational agility in a competitive ISP landscape.

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Frequently Asked Questions Regarding Senawave Financial Insights

What are the most recent funding rounds that Senawave has completed, and what were the funding rounds?
Senawave has recently completed 2 funding rounds: Debt on Mar 31, 2024, Debt on Apr 15, 2020.
What is the total amount of funding Senawave has raised to date?
Senawave has raised a total of $155K in funding to date.
How many funding rounds has Senawave completed?
Senawave has completed 2 funding rounds.
How much funding did Senawave raise in its most recent funding round?
Senawave raised $5K in its most recent funding round.
Who are the lead investors in Senawave's latest funding round?
The lead investor in Senawave's latest funding round was Live Oak Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Senawave's history?
The largest funding round in Senawave's history was $150K.
See more information about Senawave