LQD WiFi

New York, United States Founded: 2014 • Age: 12 yrs Acquired By Verizon
Urban smart hubs are developed for public spaces in cities.
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About LQD WiFi

LQD WiFi is a company based in New York (United States) founded in 2014 was acquired by Verizon in November 2016.. LQD WiFi has raised $1.73 million across 1 funding round from investors including Verizon. LQD WiFi operates in a competitive market with competitors including Intersection, Source Tech, Soofa, WattIQ and Moreze, among others.

  • Headquarter New York, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lqd Wifi, Llc
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.73 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.73 M (USD), Seed

    Jul 08, 2015

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Verizon

    (Nov 14, 2016)

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Funding Insights of LQD WiFi

LQD WiFi has successfully raised a total of $1.73M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.73 million completed in July 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $1.7M
  • First Round

    (08 Jul 2015)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2015 Amount Seed - LQD WiFi Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in LQD WiFi

LQD WiFi has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Verizon. 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.

All
Institutional
Investor Description Founded Year Domain Location
Mobile and internet services are provided to homes and businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by LQD WiFi

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - LQD WiFi

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lqd Wifi Comparisons

Employees
+
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Competitors of LQD WiFi

LQD WiFi 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 Intersection, Source Tech, Soofa, WattIQ and Moreze, 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
domain founded_year HQ Location
Intersection is engaged in out-of-home advertising and public space communications.
domain founded_year HQ Location
Thermal printing solutions and software for financial transactions are provided.
domain founded_year HQ Location
Advertising agency services are provided digitally by Soofa.
domain founded_year HQ Location
Provider of asset management solutions
domain founded_year HQ Location
Provides self-service kiosks for efficient operations across multiple sectors.
domain founded_year HQ Location
Tablet enclosures and iPad kiosks are custom designed and manufactured.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lqd Wifi

Frequently Asked Questions about LQD WiFi

When was LQD WiFi founded?

LQD WiFi was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is LQD WiFi located?

LQD WiFi is headquartered in New York, United States. It is registered at New York, New York, United States.

Is LQD WiFi a funded company?

LQD WiFi is a funded company, having raised a total of $1.73M across 1 funding round to date. The company's 1st funding round was a Seed of $1.73M, raised on Jul 08, 2015.

What does LQD WiFi do?

LQD WiFi was founded in 2014 in New York, United States, within the technology sector. Smart hubs known as Palo are constructed for urban public spaces. Consoles on these hubs deliver city information, including weather data and public transit schedules. Security cameras and street lights are embedded in the design, alongside screens for location-based retail advertisements. Initial installations occurred in New York City.

Who are the top competitors of LQD WiFi?

LQD WiFi's top competitors include Intersection, Source Tech and Soofa.

Who are LQD WiFi's investors?

LQD WiFi has 1 investor. Key investors include Verizon.

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