About Axtel
Axtel is a company based in San Pedro Garza Garcia (Mexico) founded in 1994. It operates as a Managed Services, and Subscription Services. Axtel offers products and services including Axnet Network and Alestra. Axtel operates in a competitive market with competitors including Frontiir Communications, OpVista, Paradyn, Sheer Networks and Sceptr, among others.
- Headquarter San Pedro Garza Garcia, Mexico
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Axtel S.A.B. De C.V.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$60 M (USD), Debt – Conventional
Dec 11, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of Axtel
Axtel offers a comprehensive portfolio of products and services, including Axnet Network and Alestra. 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.
Scalable connectivity is provided for data centers securely.
Advanced technology solutions are offered for key sectors.
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Funding Insights of Axtel
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $60.0M
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First Round
First Round
(11 Dec 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2023 | Amount | Debt – Conventional - Axtel | Valuation |
investors |
| 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 |
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Investors in Axtel
Axtel has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include International Finance Corporation. 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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IFC is focused on private sector development in emerging markets.
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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 Axtel
| 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 - Axtel
| 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 |
Axtel Comparisons
Competitors of Axtel
Axtel 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 Frontiir Communications, OpVista, Paradyn, Sheer Networks and Sceptr, 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 |
Internet connectivity and managed networking services are provided in Myanmar.
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Optical carrier technology is developed for high-speed communications.
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| domain | founded_year | HQ Location |
Managed connectivity and infrastructure services are provided in Ireland.
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Provider of network design and management services
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| domain | founded_year | HQ Location |
Provider of network and application performance and security insights based on historical data
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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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 Axtel
Frequently Asked Questions about Axtel
When was Axtel founded?
Axtel was founded in 1994 and raised its 1st funding round 29 years after it was founded.
Where is Axtel located?
Axtel is headquartered in San Pedro Garza Garcia, Mexico. It is registered at San Pedro Garza Garcia, Nuevo Leon, Mexico.
What does Axtel do?
Axtel is involved in delivering advanced telecommunications and IT solutions across Mexico. Infrastructure and innovative services are integrated to support digital transformation strategies for businesses. Key sectors such as finance, commerce, transportation, and manufacturing are served through personalized offerings. Solutions in cybersecurity, mobility, and connectivity are provided to optimize operations and enhance business growth. A focus on nearshoring benefits and operational efficiency is maintained to meet client needs.
Who are the top competitors of Axtel?
Axtel's top competitors include Frontiir Communications, Airowire Networks and Paradyn.
What products or services does Axtel offer?
Axtel offers Axnet Network and Alestra.
Who are Axtel's investors?
Axtel has 1 investor. Key investors include International Finance Corporation.
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