Next-generation managed Wi-Fi for multifamily communities - gigabit-speed internet that's always on, everywhere on the property.
Walk into a new apartment in 2026 and you expect the lights to work, the water to run, and the Wi-Fi to already be on. That last expectation is newer than the others, and it is exactly the gap Aerwave was built to close. The Texas company designs, installs and operates managed Wi-Fi networks for entire residential communities - property-wide, gigabit-speed internet that follows a resident from the mailroom to the rooftop pool, backed by 24/7 domestic support.
Aerwave works exclusively with real estate - the owners, developers and operators behind multifamily apartments, build-to-rent neighborhoods, single-family rentals and student housing. Rather than leaving each resident to negotiate with a cable company on move-in day, Aerwave lights up the whole building as one secure, fiber-fed network. Its tagline says the quiet part out loud: "For Owners, By Owners." The leadership team brings more than 150 years of combined multifamily experience, and it shows in a product designed around an operator's actual day rather than a spec sheet.
The idea started small. Company lore traces Aerwave back to 2019 and an MBA school project on multifamily connectivity. Six years later it is deployed across 28-plus markets, counts roughly 30% of the National Multifamily Housing Council's top owners as customers, and was named the number-one managed Wi-Fi champion on Broadband Communities magazine's Connect 25 list.
In most apartment buildings, connectivity is a patchwork: a bulk cable contract here, resident-owned routers there, dead spots in the stairwells and a leasing office that fields angry calls about the Wi-Fi it doesn't control. For owners, that patchwork is a cost, a complaint generator and a missed revenue line.
Aerwave replaces it with a single managed network. Residents get instant-on internet the moment they move in - no self-install, no truck roll, no waiting window. Owners get a connected amenity they actually control, secured by VLAN segmentation and encryption so each home's network stays isolated, plus a new source of net operating income.
Real estate owners and operators, not individual consumers. Aerwave's network is the property's infrastructure.
Property-wide, instant-on, gigabit-speed Wi-Fi on a fiber-based mesh network, secured with VLAN segmentation and encryption and staffed by 24/7 domestic support.
A proprietary owner dashboard delivering real-time network intelligence, bandwidth analytics and portfolio-wide visibility into the connectivity residents rely on.
A capital program that lets owners deploy community-wide Wi-Fi infrastructure with no upfront cost - removing the biggest barrier to saying yes.
At Aerwave, I'm redefining what's possible in managed Wi-Fi - setting the industry standard for innovation, operational excellence and customer experience.
Aerwave runs a managed-service model. It designs, installs and operates a community's Wi-Fi and charges recurring service fees, turning what used to be a cost center into a net operating income opportunity for the owner. Deployment can be financed through AerPays, so a property can go live without upfront capital.
That structure funded a fast expansion: a $20M Series B in September 2024 and a separate $50M infrastructure capital program weeks later, for roughly $55M in total reported backing.
The alternatives are bulk cable and telco agreements (Spectrum Community Solutions, Cox Communities) and other managed-Wi-Fi players like Boingo's multifamily arm and regional MDU ISPs. Aerwave's edge is depth: it owns the wires, the radios, the support desk and the uptime rather than reselling someone else's pipe.
Its differentiator is operational - 99.8% uptime, 24/7 domestic support and an owner-first dashboard - plus financing that de-risks the install. In a category where reliability is the product, that combination is the moat.
Aerwave launches, originating from an MBA school project focused on multifamily connectivity.
Round led by Moderne Ventures with an S&P 500 REIT and Dominicus Wireless, funding product and market expansion.
Closes a capital program to finance community-wide Wi-Fi deployments with no upfront cost to owners.
Reports roughly 75% year-over-year growth and 175 new communities across 28 markets.
Broadband Communities names Aerwave first on its Connect 25 list of managed Wi-Fi champions.
Aerwave designs, deploys and operates managed Wi-Fi networks for multifamily residential communities, providing property-wide gigabit internet with 24/7 support and an owner analytics dashboard.
Real estate owners, developers and operators across multifamily, build-to-rent, single-family rental and student housing - including roughly 30% of NMHC's top owners and three of the top five multifamily REITs.
Aerwave raised a $20 million Series B in September 2024 and closed a separate $50 million infrastructure capital program, for around $55 million in total reported backing.
Aerwave is headquartered in the Dallas-Plano area of Texas, with a listed address at 101 E Park Blvd, Plano, Texas.
It charges recurring managed-service fees to property owners for running their community Wi-Fi, creating a new revenue and NOI opportunity, while deployment can be financed with no upfront cost through AerPays.