About Arvig
Arvig is a company based in Perham (United States) founded in 1950.. Arvig has completed 2 acquisitions, including Allstatecom and Palmer Wireless. Arvig offers products and services including Internet Service, Television Service, Managed WiFi, Phone Service, and Security Service. Arvig operates in a competitive market with competitors including Orange Polska, Sky, ViaSat, EarthLink and Interdigital, among others.
- Headquarter Perham, United States
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Sectors
Telecommunications
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Email
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Phone
*********
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Website
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Social
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- Legal Name Arvig Enterprises, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$879.75 K (USD), Grant
Aug 16, 2023
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Allstatecom
& 1 more
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Products & Services of Arvig
Arvig offers a comprehensive portfolio of products and services, including Internet Service, Television Service, Managed WiFi, Phone Service, and Security Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-speed internet for streaming and connectivity needs
Provides TV channels for entertainment and events
WiFi solutions for secure home and business connections
Voice services for communication and calls
Protection for networks and devices against threats
Mobile plans for on-the-go connectivity
Funding Insights of Arvig
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $879,747
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First Round
First Round
(10 Aug 2010)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2023 | Amount | Grant - Arvig | Valuation |
investors |
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| Mar, 2012 | Amount | Grant - Arvig | Valuation |
investors |
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| Aug, 2010 | Amount | Grant - Arvig | Valuation |
investors |
| 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 Arvig
Arvig has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include United States Department of Agriculture, Minnesota.gov and HUD Exchange. 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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Government agency of the Minnesota Govt
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Founded Year | Domain | Location | |
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Leadership is provided on agriculture, food, and rural development matters.
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Founded Year | Domain | Location | |
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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 Arvig
Arvig has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Allstatecom and Palmer Wireless. 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
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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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Telecom services including cellular and broadband are offered in Minnesota.
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2006 | ||||
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Allstatecom was founded in 1998 in Sauk Rapids, United States.
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1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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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.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Arvig
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Arvig Comparisons
Competitors of Arvig
Arvig 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 Orange Polska, Sky, ViaSat, EarthLink and Interdigital, 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 |
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| domain | founded_year | HQ Location |
Telephony, internet, and data transmission services are provided in Poland.
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Sky is recognized as a provider of TV, broadband, and mobile services.
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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 |
Mobile communication technologies are developed and licensed by Interdigital.
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| domain | founded_year | HQ Location |
Wireless, TV, internet, and media services are provided across Canada.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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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 Arvig
Frequently Asked Questions about Arvig
When was Arvig founded?
Arvig was founded in 1950 and raised its 1st funding round 60 years after it was founded.
Where is Arvig located?
Arvig is headquartered in Perham, United States. It is registered at Perham, Minnesota, United States.
What does Arvig do?
Arvig was founded in 1950 and operates as a telecom provider in the United States, based in Perham. Broadband internet access via fixed wireless, with speeds up to 50 Mbps, is offered alongside telephony, TV services, managed WiFi, and hotspots to residential and business customers. Security systems, home automation, computer sales, and repair are also provided, supported by a fiber-optic backbone network. Installation, maintenance, and support services are included.
Who are the top competitors of Arvig?
Arvig's top competitors include Sky, Rogers and Orange Polska.
What products or services does Arvig offer?
Arvig offers Internet Service, Television Service, Managed WiFi, Phone Service, and 2 more products and services.
How many acquisitions has Arvig made?
Arvig has made 2 acquisitions, including Allstatecom, and Palmer Wireless.
Who are Arvig's investors?
Arvig has 3 investors. Key investors include United States Department of Agriculture, Minnesota.gov, and HUD Exchange.