About Airband
Airband is a company based in Worcester (United Kingdom) founded in 2009 was acquired by Standard Life Aberdeen in December 2020.. Airband has raised $21.01 million across 2 funding rounds from investors including HSBC, Lloyds Bank and Banco Sabadell. Airband has completed 1 acquisition, including Redwire.net. Airband operates in a competitive market with competitors including Sky, Orange Polska, Rogers, ViaSat and EarthLink, among others.
- Headquarter Worcester, United Kingdom
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$21.01 M (USD)
in 2 rounds
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Latest Funding Round
$137.75 M (USD), Debt – Conventional
Oct 27, 2021
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Investors
HSBC
& 5 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Standard Life Aberdeen
(Dec 01, 2020)
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Funding Insights of Airband
Airband has successfully raised a total of $21.01M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $137.75 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $137.7M
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First Round
First Round
(01 Aug 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Debt – Conventional - Airband | Valuation |
investors |
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| Aug, 2018 | Amount | Series A - Airband | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Airband
Airband has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include HSBC, Lloyds Bank and Banco Sabadell. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Infrastructure, real estate and venture capital firm focused on digital infrastructures
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Founded Year | Domain | Location | |
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Universal banking and financial advisory services are provided globally.
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Founded Year | Domain | Location | |
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Commercial banking services are provided to retail and business clients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Airband
Airband has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Redwire.net. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Broadband services are provided via the redwire.net domain to users.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Airband
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Airband Comparisons
Competitors of Airband
Airband operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sky, Orange Polska, Rogers, ViaSat and EarthLink, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sky is recognized as a provider of TV, broadband, and mobile services.
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| domain | founded_year | HQ Location |
Telephony, internet, and data transmission services are provided in Poland.
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| domain | founded_year | HQ Location |
Wireless, TV, internet, and media services are provided across Canada.
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| domain | founded_year | HQ Location |
Satellite-based communication services are provided to diverse business sectors.
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| domain | founded_year | HQ Location |
Internet service provider
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| domain | founded_year | HQ Location |
Provider of cable television, internet, and telephone services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Airband
Frequently Asked Questions about Airband
When was Airband founded?
Airband was founded in 2009 and raised its 1st funding round 9 years after it was founded.
Where is Airband located?
Airband is headquartered in Worcester, United Kingdom. It is registered at Worcester, Worcestershire, United Kingdom.
Who is the current CEO of Airband?
Redmond Peel is the current CEO of Airband.
Is Airband a funded company?
Airband is a funded company, having raised a total of $21.01M across 2 funding rounds to date. The company's 1st funding round was a Series A of $21.01M, raised on Aug 01, 2018.
What does Airband do?
Airband is an internet service provider which caters to residential and business customers in the UK. It offers fixed wireless broadband internet access with data speeds up to 1 Gbps, multiple speed based internet plans, multisite MPLS, managed WiFi, installation, and support services. It provides these services through its own network infrastructure by mainly focusing rural and remote areas. It also provides broadband internet access for internet service provides on a wholesale basis. It has won multiple awards including Highly Commended Entrepreneur of the Year at Family Business Awards in the year 2017.
Who are the top competitors of Airband?
Airband's top competitors include Sky, Rogers and Orange Polska.
How many acquisitions has Airband made?
Airband has made 1 acquisition, including Redwire.net.
Who are Airband's investors?
Airband has 6 investors. Key investors include HSBC, Lloyds Bank, Banco Sabadell, Amber Infrastructure, and Aberdeen Standard.
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