What is Senawave?
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:
Debt
$150K
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.
See full Senawave company page