Joining the Wireless Connectivity Revolution: Why We Invested in Really
Moonshots Capital’s investment strategy is simple: we invest in extraordinary leadership. In Adam Lyons, we saw just that, plus a really big idea we knew he would crush based on his track record.
After more than a year in stealth mode, I’m thrilled to finally share the news of our investment into Really.
Really is set to transform the way we find and access wireless connectivity while also giving back to our communities. The visionary entrepreneur behind the project is Adam Lyons who previously built The Zebra, a unicorn startup that changed the way people buy auto insurance by helping customers find the perfect option for their needs. Now, he’s back to do it all over again, helping customers compare phone and wireless plans in their area and choose the best one for their needs.
But here’s the best part: Really isn’t just a comparison platform. They are building a decentralized, distributed wireless network that encourages customers to get a mini cell tower and become a DeWi “owner.” By sharing their unused internet with other customers, DeWi owners can earn money from sharing access with other users and invest their earnings into their own communities and causes they believe in. That is what you call a win-win!
Adam’s reputation as an extraordinary entrepreneur goes a long way: the seed round was quickly oversubscribed even as the fundraise progressed quietly, keeping the product in stealth mode. In addition to his skills, we believed in the importance and timeliness of his mission: democratizing an industry known for tight competition between legacy giants by offering customers flexibility, choice and agency. Special thanks to Brett Hurt who introduced us to the deal!
Moonshots Capital was proud to be the first institutional investor to write Really a check for the $18 million seed round that ended up led by Polychain Capital and Floodgate. With the round closed and the first product live, Adam is pushing full steam to turn his vision of decentralizing the wireless ecosystem into reality. I’m excited for updates on Really’s progress: as the company is now out of stealth, we’ll be sharing some upcoming big news soon.
Moonshots Capital is a veteran-founded venture capital firm that invests in early-stage startups with extraordinary leaders.
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