Helium was founded in 2013 by Shawn Fanning, Amir Haleem, and Sean Carey. The company's core mission is to build a global decentralized wireless network that rewards participants for creating connectivity for billions of machines. Helium offers products and services such as Hotspots for building the network and mining HNT tokens, 5G deployment solutions, IoT sensors, and various commercial connectivity solutions. Their market focus includes IoT devices and 5G coverage, aiming to revolutionize wireless communication through decentralization.
Notable investors in Helium include Khosla Ventures, GV (formerly Google Ventures), and FirstMark Capital. The company has achieved significant milestones, such as deploying a widespread network of Hotspots and introducing the HNT token as a reward mechanism. Helium's impact is evident in its growing community and the adoption of its decentralized network by various industries, enhancing IoT connectivity and paving the way for innovative wireless solutions.