Aerwave

Technology, Information and InternetPlano, Texas, United StatesFounded 201966 employees$40M raised

Aerwave provides managed WiFi services for apartment buildings, enabling smart home features and property management tools. The 66-person company raised $40M in a Series B round in September 2024.

Employees
66
Total raised
$40M
Last: Series B
Site visitors
8K
per month
Alumni founders
3
companies started

The growth story

Aerwave headcount and funding66 people today
81$20M$20M66202120222023202420252026
Data by CrustdataCrustdata

Aerwave grew from 11 to 66 employees between 2021 and 2026, raising $40M along the way, most recently a Series B in September 2024.

About

Aerwave installs fiber-based WiFi networks in multifamily residential buildings, offering connectivity for apartments, property management teams, and shared spaces. Its platform supports smart home devices, self-guided tours, and WiFi calling, while maintaining data security.

The company has grown to 66 employees and secured $40M in Series B funding in 2024, backed by investors including Dominicus Wireless and Equity Residential. Its focus on multifamily properties positions it in a niche market with potential for expansion as smart building technologies gain traction.

Founders and leadership

Engineering is Aerwave's largest function, with 8 employees. The company has a median tenure of 2 years, suggesting moderate turnover or recent growth. Leadership includes professionals with multifamily industry expertise.

The Aerwave org chart

Ed Wolff (Chief Executive Officer) leads 30 mapped leaders with 17 direct reports. Click +N to expand a team; names link to the person’s public profile.

Departments, and which ones grew

Headcount by functiongrowth vs 12 months ago
IInformation Technology
130%
EEngineering
9-10%
OOperations
8-20%
BBusiness Development
7-12%
SSales
6-14%
PProgram and Project Management
6+50%
CCustomer Success and Support
6+20%
Data by CrustdataCrustdata

Headcount by function: Information Technology 13 (0% YoY), Engineering 9 (-10% YoY), Operations 8 (-20% YoY), Business Development 7 (-12% YoY), Sales 6 (-14% YoY), Program and Project Management 6 (+50% YoY).

Talent flow

Aerwave hires heavily from RealPage, LeaseLock, and Sentinel Technologies, reflecting a focus on property tech and IT backgrounds. Alumni often move to companies like Clear Moon, Smartaira, and Amazon Web Services.

Where Aerwave people come from, and where they go41 current + 67 former profiles
7 people: RealPage → Aerwave4 people: LeaseLock → Aerwave4 people: Sentinel Technologies → Aerwave3 people: BAI Connect → Aerwave2 people: Zadara → Aerwave2 people: TruClear Global → Aerwave2 people: One Technologies → Aerwave2 people: GigaMonster → Aerwave3 people: Aerwave → Clear Moon3 people: Aerwave → Smartaira2 people: Aerwave → Amazon Web Services (AWS)2 people: Aerwave → RealPage2 people: Aerwave → DojoNetworks1 people: Aerwave → ButterflyMX1 people: Aerwave → PetScreening1 people: Aerwave → LMRAerwave66 peopleCAME FROMWENT TORealPage7 peopleLeaseLock4 peopleSentinel Technologi…4 peopleBAI Connect3 peopleZadara2 peopleTTruClear Global2 peopleOne Technologies2 peopleGigaMonster2 peopleClear Moon3 peopleSmartaira3 peopleAmazon Web Services…2 peopleRealPage2 peopleDojoNetworks2 peopleButterflyMX1 peoplePetScreening1 peopleLMR1 people
Data by CrustdataCrustdata

Most common previous employers of Aerwave staff: RealPage (7), LeaseLock (4), Sentinel Technologies (4), BAI Connect (3), Zadara (2), TruClear Global (2). Former Aerwave employees most often moved to Clear Moon (3), Smartaira (3), Amazon Web Services (AWS) (2), RealPage (2), DojoNetworks (2), ButterflyMX (1).

Alumni worth knowing

The Aerwave mafia

Three Aerwave alumni have founded companies, including Green Minting Technologies, TSG, and Posey Global. These ventures suggest entrepreneurial talent within the company's network.

Alex WeyMichael SherlinChristopher Posey3
founders left Aerwave and started 3 companies, employing 2 people between them

Alex Wey, was CEO | Founder until 2023
T
TSG
 
Michael Sherlin, was Vice President of Strategic Partnerships until 2023
P
Posey Global
 
Christopher Posey, was Director of Preconstruction until 2025

Web traffic

aerwave.com monthly visitors-41% month over month
1,5468,56915,5917,729202420252026
Data by CrustdataCrustdata

Traffic mix: 41% direct, 42% search, 0% social, 0% paid.

What this company is made of

Headcount by skillwhat people list on their profiles
MManagement
22
LLeadership
20
CCustomer Service
19
PProject Management
18
SSales
16
SStrategic Planning
15
CCustomer Relationship Management (CRM)
14
TTroubleshooting
13
BBusiness Development
12
MMicrosoft Office
12
Data by CrustdataCrustdata

Most common skills at Aerwave: Management (22), Leadership (20), Customer Service (19), Project Management (18), Sales (16), Strategic Planning (15), Customer Relationship Management (CRM) (14), Troubleshooting (13).

Where the team actually sits

Headcount by regionHQ: Plano, Texas, United States
TTexas, United States
15
DDallas-Fort Worth Metroplex
4
FFlorida, United States
3
CCalifornia, United States
3
AArizona, United States
2
WWashington DC-Baltimore Area
2
GGeorgia, United States
2
UUnited States
2
Data by CrustdataCrustdata

Aerwave people are concentrated in Texas, United States (15), Dallas-Fort Worth Metroplex (4), Florida, United States (3), California, United States (3).

Search footprint

Organic clicks
286
per month
Traffic worth
$2K
if bought as ads
Ranking keywords
280

Aerwave attracts about 286 organic search visits a month, traffic worth roughly $2K a month if bought through ads. It gained 49 ranking keywords and lost 39 in the last period.

What employees say

Compensation
4.00 / 5
Career opportunities
3.90 / 5
Senior management
4.00 / 5
Work-life balance
3.60 / 5

Frequently asked

How many employees does Aerwave have?

Aerwave has 66 employees as of September 2026.

How much has Aerwave raised?

Aerwave has raised $40M in total, most recently a Series B round in September 2024.

Who is the CEO of Aerwave?

Ed Wolff (Chief Executive Officer) sits at the top of Aerwave's reporting structure, with 17 direct reports.

Where does Aerwave hire from?

The most common previous employers of current Aerwave staff are RealPage (7 people), LeaseLock (4 people), Sentinel Technologies (4 people).

Where do Aerwave employees go after leaving?

Former Aerwave employees most often move to Clear Moon (3), Smartaira (3), Amazon Web Services (AWS) (2).

What companies were founded by ex-Aerwave employees?

At least 3 companies have a founder who previously worked at Aerwave, including Green Minting Technologies, TSG, Posey Global.

How much traffic does Aerwave get from search?

Aerwave attracts about 286 organic search visits a month, worth roughly $2K a month in equivalent ad spend.

What skills do people at Aerwave have?

The most common skills among Aerwave staff are Management, Leadership, Customer Service, Project Management, Sales.

Where is Aerwave's team located?

Aerwave staff are concentrated in Texas, United States (15), Dallas-Fort Worth Metroplex (4), Florida, United States (3).

How big is Aerwave's information technology team?

Aerwave has about 13 people in Information Technology, up 0% over the past year, as of September 2026.

How big is Aerwave's engineering team?

Aerwave has about 9 people in Engineering, down 10% over the past year, as of September 2026.

Computed from 41 current and 67 former Aerwave profiles, as of September 2026. Source: Crustdata.

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