About Citymesh
Citymesh is a company based in Oostkamp (Belgium) founded in 2006 was acquired by Avento in December 2020.. The company has 62 employees as of December 31, 2022. Citymesh has completed 5 acquisitions, including Avento, Drone Division and Edpnet. Citymesh operates in a competitive market with competitors including Sky, Orange Polska, Rogers, ViaSat and EarthLink, among others.
- Headquarter Oostkamp, Belgium
- Employees 62 as on 31 Dec, 2022
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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 Citymesh Integrator
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Annual Revenue
$23.48 M (USD)13as on Dec 31, 2023
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Net Profit
$-1.74 M (USD)-7618as on Dec 31, 2023
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EBITDA
$-737.12 K (USD)-122as on Dec 31, 2023
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Latest Funding Round
$1.09 M (USD), Grant
Jan 01, 2024
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Investors
Avento
& 1 more
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Employee Count
62
as on Dec 31, 2022
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Investments & Acquisitions
Avento
& 4 more
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Acquired by
Avento
(Dec 10, 2020)
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Funding Insights of Citymesh
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $1.1M
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First Round
First Round
(01 Feb 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Grant - Citymesh | Valuation |
investors |
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| Feb, 2023 | Amount | Grant - Citymesh | 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 Citymesh
Citymesh has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Avento and European Union. 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 entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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IT solutions and services are provided across diverse industries.
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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 Citymesh
Citymesh has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Avento, Drone Division and Edpnet. 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
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
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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Drone-based inspections and data insights are delivered for industrial assets.
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2017 | ||||
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Sigfox network operations are authorized and managed by Engie M2M.
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2015 | ||||
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Provider of stable temporary networks and camera surveillance for events and construction sites
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2010 |
| 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 - Citymesh
| 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 |
Citymesh Comparisons
Competitors of Citymesh
Citymesh 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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sky is recognized as a provider of TV, broadband, and mobile services.
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| domain | founded_year | HQ Location |
Telephony, internet, and data transmission services are provided in Poland.
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| domain | founded_year | HQ Location |
Wireless, TV, internet, and media services are provided across Canada.
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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 |
Provider of cable television, internet, and telephone services
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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 Citymesh
Frequently Asked Questions about Citymesh
When was Citymesh founded?
Citymesh was founded in 2006 and raised its 1st funding round 17 years after it was founded.
Where is Citymesh located?
Citymesh is headquartered in Oostkamp, Belgium. It is registered at Oostkamp, West Flanders, Belgium.
How many employees does Citymesh have?
As of Dec 31, 2022, the latest employee count at Citymesh is 62.
What is the annual revenue of Citymesh?
Annual revenue of Citymesh is $23.48M as on Dec 31, 2023.
What does Citymesh do?
Citymesh was founded in 2006 in Oostkamp, Belgium, within the telecommunications sector. Wireless internet services are delivered through a network infrastructure supporting broadband connectivity. Operations are centered on providing reliable access for businesses and public entities. Coverage extends across Belgian regions, with emphasis on urban and rural deployment. The company maintains a focus on scalable wireless solutions for data transmission needs.
Who are the top competitors of Citymesh?
Citymesh's top competitors include Sky, Rogers and Orange Polska.
How many acquisitions has Citymesh made?
Citymesh has made 5 acquisitions, including Avento, Drone Division, and Edpnet.
Who are Citymesh's investors?
Citymesh has 2 investors. Key investors include Avento, and European Union.