About Comsol
Comsol is a Telecommunications company based in Midrand (South Africa) founded in 1997. Fixed wireless access and private network solutions are provided. Comsol has raised $33.25 million across 4 funding rounds from investors including Nedbank, IDC and Convergence Partners. Its chief executive, as recorded, is Iain Stevenson. Comsol offers products and services including Fixed Wireless Access (FWA) and Private Networks. Its focus areas include Telecom and Telecom Infrastructure. Its legal entity is Comsol Networks (Pty) Ltd.
Company details
Comsol was founded in 1997 and is headquartered in Midrand, South Africa. Operations focus on telecommunications, delivering fixed wireless access via licensed microwave spectrum as an alternative to fiber optics. Private network solutions are offered for organizations needing secure, dedicated connectivity. Services emphasize quick deployment, redundancy from multiple vendors, and resilience during power disruptions. Business needs for reliable high-speed internet are addressed across the region.
- Headquarters Midrand, South Africa
- SectorsTelecommunications
- Website comsol.co.za
- Social LinkedIn X
- Legal Name Comsol Networks (Pty) Ltd
- Total Equity Funding$33.25M (USD)
in 4 rounds
- InvestorsNedbank
& 5 more
Products & Services of Comsol
Comsol offers a comprehensive portfolio of products and services, including Fixed Wireless Access (FWA) and Private Networks.
High-speed wireless internet services are provided that are equivalent to fibre, maximizing experiences for users through licensed spectra.
Exclusive networks are designed for specific organizational locations, offering enhanced service, control, and security compared to public options.
Funding Insights of Comsol
Comsol has successfully raised a total of $33.25M across 4 strategic funding rounds. 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 $33.25M
- Total Rounds 4
- Investors Count 6
All 4 funding rounds of Comsol with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2026 | Unspecified | – | – | ||
| Aug 2026 | Debt – Conventional | – | – | ||
| Jun 2016 | $33.25M | Private Equity Round | – | – | |
| Jul 2014 | Private Equity Round | – | – |
6 investors in total: 6 institutional.
Investors in Comsol
Comsol has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Nedbank, IDC and Convergence Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Convergence Partners is focused on ICT investments in Africa. | convergencepartners.com | Johannesburg, South Africa | ||
| platformips.com | ||||
Nedbank is recognized as a provider of personal and business banking services. | 1888 | nedbank.co.za | Johannesburg, South Africa | |
Industrial development is supported through tailored funding solutions by IDC. | 1940 | idc.co.za | Sandton, South Africa | |
| rmb.co.za |
Investor details for Comsol
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Comsol
14 people are tracked at Comsol (10 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Iain Stevenson | CEO | Leadership |
Heidrun Lohr | Chief Financial Officer | Leadership |
Mauritz Lewies | CTO | Leadership |
Naki Matamela | Chief Legal Officer & Company Secretary | Leadership |
Andre van Zyl | Head Of Engineering | Leadership |
Andre Druyts | Technical Head Of RF | Leadership |
Alec Candiotes | Chief Financial Officer | Leadership |
Darren Morgan | COO | Leadership |
Louis Gouws | Head Of Devops And Enterprise Architect | Leadership |
Gary Woolley | Chief Solutions Officer | Leadership |
Karen Eardley | Supply Chain Manager | Team |
Charity Mthethwa | Senior Project Manager | Team |
Thula Miya | Service Delivery Manager | Team |
Asiphe Ndzekeni | Human Capital Manager | Team |
Complete people profiles for Comsol
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Comsol
3 dated milestones of Comsol across 29 years, from founding to its latest funding, stage changes and deals.
- Founded Comsol is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional,.
Web traffic of Comsol
The website of Comsol (comsol.co.za) receives about 2.6K visits a month.
- Monthly visits2.6K
▲ 14% vs previous month
Websites whose visitors overlap most with Comsol. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| wiru.co.za | 100% | 8K | #2,912,725 | View details | |
hypa.co.za | hypa.co.za | 97% | #713,596 | – | |
level-7.co.za | level-7.co.za | 97% | #501,489 | – | |
bestinternet.co.za | bestinternet.co.za | 96% | #1,181,788 | – | |
| home-connect.co.za | 96% | #295,512 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 25 similar websites and full traffic analytics for Comsol
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- 25 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Comsol
Comsol was founded in 1997 and raised its 1st funding round 17 years after it was founded.
Comsol is headquartered in Midrand, South Africa. It is registered at Midrand, Gauteng, South Africa.
Iain Stevenson is the CEO of Comsol, as recorded in our data.
Comsol is a funded company, having raised a total of $33.25M across 4 funding rounds to date.
Comsol was founded in 1997 and is headquartered in Midrand, South Africa. Operations focus on telecommunications, delivering fixed wireless access via licensed microwave spectrum as an alternative to fiber optics. Private network solutions are offered for organizations needing secure, dedicated connectivity. Services emphasize quick deployment, redundancy from multiple vendors, and resilience during power disruptions. Business needs for reliable high-speed internet are addressed across the region.
Comsol offers Fixed Wireless Access (FWA) and Private Networks.
Comsol has 6 investors. Key investors include Nedbank, IDC, Convergence Partners, Communications Infrastructure Fund, and Platform Investment Partners.
Comsol operates through Comsol Networks (Pty) Ltd.