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
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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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
Not available
- Investments & Acquisitions
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Acquired by
Standard Life Aberdeen
(Dec 01, 2020)
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People of Airband
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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.
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.
| 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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Universal banking and financial advisory services are provided globally.
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Commercial banking services are provided to retail and business clients.
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Investor details for Airband
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Investments & Acquisitions by Airband
Airband has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Redwire.net.
Investment portfolio details for Airband
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| 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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Locked | Locked | 1999 | Locked |
Complete acquisition details for Airband
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- Transaction dates
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Financial Statements - Airband
Detailed financials for Airband
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- Profit trends
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Airband Comparisons
Peer comparison for Airband
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Sky is recognized as a provider of TV, broadband, and mobile services.
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Telephony, internet, and data transmission services are provided in Poland.
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Wireless, TV, internet, and media services are provided across Canada.
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Satellite-based communication services are provided to diverse business sectors.
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Internet service provider
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Provider of cable television, internet, and telephone services
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Detailed competitors of Airband
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Latest news on Airband
Complete news archive for Airband
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Frequently Asked Questions about Airband
Airband was founded in 2009 and raised its 1st funding round 9 years after it was founded.
Airband is headquartered in Worcester, United Kingdom. It is registered at Worcester, Worcestershire, United Kingdom.
Redmond Peel is the current CEO of Airband.
Airband is a funded company, having raised a total of $21.01M across 2 funding rounds to date.
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.
Airband's top competitors include Sky, Rogers and Orange Polska.
Airband has made 1 acquisition, including Redwire.net.
Airband has 6 investors. Key investors include HSBC, Lloyds Bank, Banco Sabadell, Amber Infrastructure, and Aberdeen Standard.