Airband

Worcester, United Kingdom Founded: 2009 • Age: 17 yrs Acquired By Standard Life Aberdeen
Fixed wireless internet services provider
Annual revenue - Latest available
Total funding $21.0M 2 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $21.01 M (USD)

    in 2 rounds

  • Latest Funding Round
    $137.75 M (USD), Debt – Conventional

    Oct 27, 2021

  • Investors
    HSBC

    & 5 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
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People of Airband

Headcount 200-500
Employee Profiles 58
Employee Profiles
People
Luke Hare
Regional Head Of Build And Delivery - North & Central
People
Alan Mitchell
Chief Operating Officer
People
Alexandru Cucu
Technical Support Specialist
People
Matthew Harrison
Head Of Applications

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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 Rounds 2
  • Last Round Debt – Conventional — $137.7M
  • First Round

    (01 Aug 2018)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2021 Amount Debt – Conventional - Airband Valuation

investors

Aug, 2018 Amount Series A - Airband 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Infrastructure, real estate and venture capital firm focused on digital infrastructures
Founded Year Domain Location
Universal banking and financial advisory services are provided globally.
Founded Year Domain Location
Commercial banking services are provided to retail and business clients.
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.

Investments
Acquisitions
Company Name Description Domain Location Founded Year Amount
Broadband services are provided via the redwire.net domain to users.
1999

Financial Statements - Airband

Airband Comparisons

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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
domain founded_year HQ Location
Sky is recognized as a provider of TV, broadband, and mobile services.
domain founded_year HQ Location
Telephony, internet, and data transmission services are provided in Poland.
domain founded_year HQ Location
Wireless, TV, internet, and media services are provided across Canada.
domain founded_year HQ Location
Satellite-based communication services are provided to diverse business sectors.
domain founded_year HQ Location
Internet service provider
domain founded_year HQ Location
Provider of cable television, internet, and telephone services

Latest news on Airband

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. The company's 1st funding round was a Series A of $21.01M, raised on Aug 01, 2018.

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.

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