Wiffinity
A free mobile app that connect tourists to a network of free WIFI hotspots.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
$123k | Grant | ||
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Wiffinity S.L. operated as a mobile technology entity based in Madrid, Spain, centered on providing accessible internet connectivity to travelers. The company was founded in 2013, with Jose Rodriguez, an Electronic Engineer with an extensive background in telecommunications projects, joining as CEO in late 2014. His experience includes leading large, multicultural teams and significant projects at companies like Telefonica, which informed the global ambitions of Wiffinity.
The core of Wiffinity's business was a mobile application that crowdsourced Wi-Fi hotspot credentials. This app aggregated and displayed the locations of password-protected Wi-Fi networks from places like bars, restaurants, and hotels on an interactive map. The primary clients were travelers and mobile users looking to avoid data roaming charges by connecting to these shared networks. The service was free for end-users, operating on a community-driven model where users could contribute to the growing database of hotspots. The application did not require user registration, focusing on anonymous and straightforward access.
The Wiffinity app's key feature was its extensive, crowdsourced database of Wi-Fi passwords, which at one point included over 48,000 hotspots worldwide. It allowed users to find and connect to these networks without needing to ask for passwords or navigate captive login portals. A significant benefit was the offline map functionality, enabling users to find Wi-Fi spots even without a 3G or 4G connection, making it particularly useful for international travel. The app was recognized by USA TODAY in 2015 as a top travel application. According to public records, the company ceased operations around August 2020.
Keywords: mobile wifi app, shared wifi, travel connectivity, free wifi hotspots, wifi finder, roaming cost savings, offline maps, crowdsourced wifi, community wifi, internet access, mobile utility, telecom startup, Madrid tech, Jose Rodriguez, travel tech, wifi password sharing, internet connectivity app, global wifi access, data saving app, mobile network