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Zipit Wireless
Communications and m2m solutions company delivering fully connected, wireless solutions
About Zipit Wireless
Zipit Wireless operates as a global Internet of Things (IoT) Mobile Virtual Network Operator (MVNO), providing a comprehensive platform for cellular connectivity, device management, and subscription billing. The company was co-founded in 2007 by Frank Greer, who serves as CEO, and Ralph Heredia, who is the VP of Business Development. Greer possesses an extensive background in wireless device connectivity and cloud computing, while Heredia has a history in technology dating back to the 1980s with Bell Labs and holds over thirteen patents. The initial concept for Zipit emerged from Heredia's observation of his cousins needing a better way to use instant messaging, leading to the creation of a wireless messenger device that was recognized by Time Magazine in 2005.
The firm's core business revolves around simplifying the operational complexities associated with deploying and monetizing cellular-connected products. It serves Original Equipment Manufacturers (OEMs) and IoT solution providers across various industries, including agriculture, security, surveillance, digital signage, healthcare, and industrial applications. Zipit's business model is centered on providing a single-source solution for global multi-carrier access, which eliminates the need for clients to negotiate and manage relationships with multiple cellular carriers like Verizon, AT&T, and Rogers. Revenue is generated by offering these connectivity services and a white-label, turnkey subscription billing platform that enables clients to create recurring revenue streams from their connected devices. This platform handles downstream billing, payment processing, and tax collection, allowing clients to focus on their core hardware business. The company has facilitated over $45 million in subscription revenue for its customers.
The company's platform provides a 'single pane of glass' management portal to oversee all SIMs and devices across different carriers and regions. It supports a range of cellular technologies, including 5G, LTE-M, and NB-IoT. This unified system offers streamlined business reporting and helps clients manage data usage and avoid unexpected costs. For businesses looking to create their own branded service offerings, Zipit's platform can be white-labeled, allowing for the rapid launch of customer activation and payment portals. This is particularly beneficial for companies navigating complex B2B2C and multi-tiered distribution models. In August 2025, Zipit Wireless was acquired by Wireless Logic, a leading global IoT solutions provider, marking Wireless Logic's first acquisition of a US-headquartered company to expand its North American footprint.
Source: Dealroom company dataAt a glance
- Founded
- 2007
- Headquarters
- Greenville, United States
- Sector
- Telecom
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
South Carolina Research Authority
Windspeed Ventures
Meritus Ventures
Series B and later6 investors entered at this stage
VentureSouth- NPNexus Medical Partners
- UNUpstate Carolina Angel Network
Sunbridge Partners
Charleston Angel Partners
Lighter Capital
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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