About Elauwit
Elauwit is a company based in Charlotte (United States) founded in 1989 by Dan McDonough, Taylor Jones, and Barry Rubens was acquired by Boingo Wireless in August 2018.. Elauwit offers products and services including Managed WiFi Service and Fiber Internet Connectivity. Elauwit operates in a competitive market with competitors including Helium, WiFi, Boingo Wireless, TP-Link and iBUS, among others.
- Headquarter Charlotte, United States
- Founders Dan McDonough, Taylor Jones, Barry Rubens
- Stage Public
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Sectors
Telecommunications
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Email
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Phone
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Website
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Social
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- Legal Name Elauwit Connection, Inc.
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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Boingo Wireless
(Aug 01, 2018)
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IPO & Listings of Elauwit
Elauwit is a publicly listed company on the NASDAQ with ticker symbol ELWT in USA, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Elauwit
Elauwit offers a comprehensive portfolio of products and services, including Managed WiFi Service and Fiber Internet Connectivity. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers reliable WiFi for multifamily properties.
Offers high-speed fiber internet for apartment buildings.
Funding Insights of Elauwit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Elauwit
Elauwit has secured backing from 1 investor. Prominent investors backing the company include Boingo Wireless. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Wireless WiFi internet services are provided to users worldwide.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Elauwit
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Elauwit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elauwit Comparisons
Competitors of Elauwit
Elauwit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Helium, WiFi, Boingo Wireless, TP-Link and iBUS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cryptocurrency mining hardware is provided, connecting low-powered devices to gateways.
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App for quickly connecting to wifi hotspots without a password
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| domain | founded_year | HQ Location |
Wireless WiFi internet services are provided to users worldwide.
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| domain | founded_year | HQ Location |
Networking devices and accessories are manufactured for various users.
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Provider of digital infrastructure and connectivity solutions for businesses and institutions
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Crowdsourced Wi-Fi hotspots are accessed via mobile app without passwords.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Elauwit
Frequently Asked Questions about Elauwit
When was Elauwit founded?
Elauwit was founded in 1989.
Where is Elauwit located?
Elauwit is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Who is the current CEO of Elauwit?
Barry Rubens is the current CEO of Elauwit. They have also founded this company.
What does Elauwit do?
Elauwit was founded in 1989 in Charlotte, United States, within the telecommunications sector. WiFi internet services are delivered by the company to support connectivity needs. Operations are based in the location, with focus on internet solutions for various users. The company was co-founded by Dan McDonough, Taylor Jones, and Barry Rubens, who is designated as CEO. Online presence is maintained through the domain elauwit.com.
Who are the top competitors of Elauwit?
Elauwit's top competitors include iBUS, Helium and Boingo Wireless.
What products or services does Elauwit offer?
Elauwit offers Managed WiFi Service and Fiber Internet Connectivity.
Is Elauwit publicly traded?
Yes, Elauwit is publicly traded on NASDAQ under the ticker symbol ELWT.
Who are Elauwit's investors?
Elauwit has 1 investor. Key investors include Boingo Wireless.
What is Elauwit's ticker symbol?
The ticker symbol of Elauwit is ELWT on NASDAQ.
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