Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

On-Ramp Wireless

Explore full profile

Wireless machine-to-machine connectivity for Internet of Things

Thousand Oaks, United StatesFounded 2008Telecom
Valuation $100–250M Last recorded · 2013
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for On-Ramp Wireless and the history behind them.

About On-Ramp Wireless

On-Ramp Wireless was founded in 2008 by Ted Myers, Rob Boesel, and Joaquin Silva. In September 2015, the company rebranded to Ingenu. The firm specialized in wireless networks for machine-to-machine (M2M) communication, enabling devices to connect to the Internet of Things (IoT).

The company's core technology was Random Phase Multiple Access (RPMA), a proprietary Low-Power Wide-Area (LPWA) technology designed specifically for M2M and IoT applications. RPMA operated on the globally license-free 2.4 GHz spectrum and was developed to provide extensive range, deep building and underground penetration, and long battery life for connected devices. The technology stack included network appliances, radio modules, and development platforms. In September 2015, alongside the rebranding, the company announced the launch of the Machine Network, a public network in the United States dedicated exclusively to machine connectivity, built upon its RPMA technology. The plan was to complete nationwide coverage by the end of 2017.

Initially, On-Ramp Wireless focused on the utilities sector, providing solutions for smart grid and smart metering applications. In 2012, it expanded its focus to include the oil and gas industries, offering services for digital oilfield automation. Its business model involved building private networks for large enterprise clients and later shifted to providing public network access through its Machine Network. The company partnered with firms like WellAware for digital oilfield monitoring and MeterLinq to deploy an IoT network in Italy for smart gas metering. By 2015, Ingenu had deployed its technology in over 20 countries. According to PitchBook, the company is now out of business.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2008
Headquarters
Thousand Oaks, United States
Employees
6
Open positions
None listed
Dealroom signal
25.0/100
Industry
Telecom
Sector
Telecom, Hard Tech
Technology
IoT InternetOfThings
Business model
Manufacturing
Client focus
b2c

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES C✓Equity / VC Jul 2013 $31M $124M GE Ventures —
SUPPORT PROGRAM✓Other financing Apr 2011 $0 — BloombergNEF ↗
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

On-Ramp Wireless website traffic

Latest recorded traffic for On-Ramp Wireless is 1K monthly website visits, up 669.2% over the last three months. On-Ramp Wireless's team grew 0% over the past year.

Latest monthly visits1K 3-month web change+669.2% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • GE Ventures

Other known investors3 additional known investors

  • BloombergNEF
  • BNK Venture Investment
  • Technology Pioneers | World Economic Forum
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about On-Ramp Wireless on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See On-Ramp Wireless’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.