About Avatel Telecom
Avatel Telecom is a company based in Marbella (Spain) founded in 2011 was acquired by Inveready in June 2025.. Avatel Telecom has raised $18.86 million across 1 funding round from investors including Andorra Telecom and Inveready. Avatel Telecom offers products and services including Fiber Internet, Mobile Plans, CLICtv, and WiMAX. Avatel Telecom operates in a competitive market with competitors including KPN, Hong Kong Broadband Network, Orange Polska, Cogeco and British Telecom, among others.
- Headquarter Marbella, Spain
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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
*********
- Legal Name Avatel Telecom
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.86 M (USD)
in 1 rounds
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Latest Funding Round
$18.86 M (USD), Series B
Oct 11, 2017
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Investors
Andorra Telecom
& 1 more
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Employee Count
Employee Count
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Acquired by
Inveready
(Jun 16, 2025)
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Products & Services of Avatel Telecom
Avatel Telecom offers a comprehensive portfolio of products and services, including Fiber Internet, Mobile Plans, CLICtv, and WiMAX. 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 fiber optic internet with speeds up to 1000 Mb
Tariffs offering unlimited calls and shared data options
Television packages with over 150 channels and exclusive content
Wireless internet alternative for coverage areas
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Funding Insights of Avatel Telecom
Avatel Telecom has successfully raised a total of $18.86M through 1 strategic funding round. The most recent funding activity was a Series B round of $18.86 million completed in October 2017. 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 1
- Last Round Series B — $18.9M
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First Round
First Round
(11 Oct 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Series B - Avatel Telecom | Valuation | Andorra Telecom |
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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 Avatel Telecom
Avatel Telecom has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Andorra Telecom and Inveready. 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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Inveready is recognized as a leading Spanish financial services firm.
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Founded Year | Domain | Location | |
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Offers internet connectivity, mobile plans, and television packages for users in Andorra.
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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 Avatel Telecom
| 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 |
Financial Statements - Avatel Telecom
| 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 |
Avatel Telecom Comparisons
Competitors of Avatel Telecom
Avatel Telecom 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 KPN, Hong Kong Broadband Network, Orange Polska, Cogeco and British Telecom, 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.
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| domain | founded_year | HQ Location |
Mobile and fixed-line telecommunication services are provided across Europe.
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Provider of fibre optic broadband internet services
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Fiber-optic internet, TV, and fixed-line telephone services provider
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Provider of mobile phones and fiber broadband services for home & business
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Wireless, TV, internet, and media services are provided across Canada.
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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 Avatel Telecom
Frequently Asked Questions about Avatel Telecom
When was Avatel Telecom founded?
Avatel Telecom was founded in 2011 and raised its 1st funding round 6 years after it was founded.
Where is Avatel Telecom located?
Avatel Telecom is headquartered in Marbella, Spain. It is registered at Marbella, Andalucia, Spain.
Who is the current CEO of Avatel Telecom?
Jordi Nadal is the current CEO of Avatel Telecom.
Is Avatel Telecom a funded company?
Avatel Telecom is a funded company, having raised a total of $18.86M across 1 funding round to date. The company's 1st funding round was a Series B of $18.86M, raised on Oct 11, 2017.
What does Avatel Telecom do?
Avatel Telecom was established in 2011 in Marbella, Spain, within the telecommunications sector. Broadband internet access is delivered through fiber-optic and wireless networks, reaching speeds up to 1 Gbps, alongside fixed telephony for local and long-distance calls. Bundled plans, cellular voice and data, point-to-point connectivity, and TV services are extended to residential and business clients nationwide. Operations rely on proprietary infrastructure, with installation, maintenance, and support included.
Who are the top competitors of Avatel Telecom?
What products or services does Avatel Telecom offer?
Avatel Telecom offers Fiber Internet, Mobile Plans, CLICtv, and WiMAX.
Who are Avatel Telecom's investors?
Avatel Telecom has 2 investors. Key investors include Andorra Telecom, and Inveready.