# Wowifi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wowifi

- Industry: Internet
- Headquarters: Dongguan, China
- Website: www.wowifi.com
- Total disclosed funding: $1.5M
- Latest round: Series A (Jul 2, 2016)
- Investors on record: 2

## About

Wowifi is a provider of high-quality wireless broadband solutions, catering to both residential and commercial clients, ensuring reliable internet connectivity across various environments.Founded in 2012 in Dongguan, China, Wowifi specializes in internet connectivity solutions. The company raised CNY 10 million in Series A funding on July 2, 2016, from investors Befor Capital and Hengyu Investment, totaling CNY 10 million raised since inception. The CEO is Xiaofeng Yu.Wowifi specializes in providing high-quality internet connectivity solutions, focusing on wireless broadband services tailored for both residential and commercial clients. Their core offerings include high-speed Wi-Fi services designed to enhance user experiences in various environments, such as homes, offices, and public spaces. These services address issues related to unreliable internet connections and slow speeds, ensuring seamless online activities. The company targets urban areas and business districts in North America and Europe, serving individual subscribers, small to medium-sized enterprises, and larger organizations seeking reliable internet services.Wowifi's revenue model is subscription-based, where clients pay a monthly fee for access to their high-speed Wi-Fi solutions. The company engages in direct-to-consumer transactions and partners with local businesses to offer bundled services. Pricing plans accommodate various user needs, from basic plans suitable for casual browsing to premium packages for high-demand applications like streaming and gaming, appealing to both individual and business customers with scalable solutions.Wowifi plans to launch new products designed to enhance internet services in various environments, with specific release dates expected to be announced soon. The company aims to expand operations into additional markets in North America and Europe by 2018. The recent funding of CNY 10 million will be utilized to support these initiatives, enhancing infrastructure and service offerings.

## Funding rounds

- Series A, Jul 2, 2016, $1.5M — Befor Capital, Hengyu Investment

## Investors

- Befor Capital (https://capitalatlas.ai/funds/befor-capital) — Series A
- Hengyu Investment — Series A