FasterNet
About FasterNet
FasterNet is a company based in Cerquilho (Brazil) was acquired by Desktop in July 2022.. FasterNet operates in a competitive market with competitors including Helium, WiFi, Boingo Wireless, TP-Link and iBUS, among others.
- Headquarter Cerquilho, Brazil
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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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Funding Insights of FasterNet
| 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 |
Investors in FasterNet
FasterNet has secured backing from 1 investor. Prominent investors backing the company include Desktop. 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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Broadband internet and IPTV services are provided in Brazil.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by FasterNet
| 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 - FasterNet
| 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 |
Fasternet Comparisons
Competitors of FasterNet
FasterNet 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 Helium, WiFi, Boingo Wireless, TP-Link and iBUS, 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 |
Cryptocurrency mining hardware is provided, connecting low-powered devices to gateways.
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App for quickly connecting to wifi hotspots without a password
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| domain | founded_year | HQ Location |
Wireless WiFi internet services are provided to users worldwide.
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| domain | founded_year | HQ Location |
Networking devices and accessories are manufactured for various users.
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Provider of digital infrastructure and connectivity solutions for businesses and institutions
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Crowdsourced Wi-Fi hotspots are accessed via mobile app without passwords.
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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 Fasternet
Frequently Asked Questions about FasterNet
Where is FasterNet located?
FasterNet is headquartered in Cerquilho, Brazil. It is registered at Cerquilho, Sao Paulo, Brazil.
Who is the current CEO of FasterNet?
Israel Neto Arruda is the current CEO of FasterNet.
What does FasterNet do?
Broadband internet access is supplied by FasterNet from its base in Cerquilho, Brazil. Connectivity solutions are offered to residential and commercial users across the region. Operations focus on telecommunications infrastructure within the local market. Leadership is provided by CEO Israel Neto Arruda. The domain fasternet.com.br supports online service management and customer interactions.
Who are the top competitors of FasterNet?
FasterNet's top competitors include iBUS, Helium and Boingo Wireless.
Who are FasterNet's investors?
FasterNet has 1 investor. Key investors include Desktop.
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