Wayru

About

Wayru is a decentralized Internet service provider for the urban development world aiming to democratize Internet access.

Miami,Florida,United States
1 - 10

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $1.96M
Industries: Internet
Founded date: Jan 1, 2021
Number Of Employee: 1 - 10
Operating Status: Active
Legal Name: Wayru Inc

Wayru is a decentralized Internet service provider for the urban development world aiming to democratize Internet access. Wayru provides decentralized internet networks that are owned and operated by people, using fiber, wireless mesh, unlicensed spectrum, and blockchain. The WRU, Wayru's Algorand-based token, is central to their ecosystem. WRUs are obtained by establishing a node, sharing an existing connection, or securing the network. These tokens are used to compensate users for their participation.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

1

$1.96M

Wayru has raised a total of $1.96M in funding over 2 rounds. Their latest funding was raised on May 13, 2022 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
May 13, 2022	Seed	$1.96M	13	Borderless Capital	—	Detail

Investors

Number of Lead Investors

Number of Investors

1

13

Wayru is funded by 13 investors. Borderless Capital and Pulsar Trading are the most recent investors.

Investor Name	Lead Investor	Funding Round
Borderless Capital	Yes	Seed
Pulsar Trading	—	Seed
Lonely capital	—	Seed
Ferrum Network	—	Seed
AI Goanna	—	Seed
7 O’Clock Capital	—	Seed
Algorand Foundation	—	Seed
Big Brain Holdings	—	Seed
Cogitent Ventures	—	Seed
HNT Fund	—	Seed