About Flume Internet
Flume Internet is a company based in New York (United States) founded in 2019. It operates as a Subscription Services. Flume Internet has raised $4.5 million across 2 funding rounds. The company has 17 employees as of December 31, 2022. Flume Internet offers products and services including Flume 500, Flume 1000, Flume 2x, and Flume 10x. Flume Internet operates in a competitive market with competitors including KPN, Orange Polska, Ciena, Hong Kong Broadband Network and FPT Telecom, among others.
- Headquarter New York, United States
- Employees 17 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
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- Legal Name Flume, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.5 M (USD)
in 2 rounds
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Latest Funding Round
$3.5 M (USD), Series A
Nov 21, 2024
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Investors
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Employee Count
17
as on Dec 31, 2022
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Products & Services of Flume Internet
Flume Internet offers a comprehensive portfolio of products and services, including Flume 500, Flume 1000, Flume 2x, and Flume 10x. 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.
Fiber optic internet with 500 Mbps speed offered.
Gigabit internet supporting over 20 devices efficiently.
2 Gbps internet with proactive enterprise support included.
10 Gbps internet with telemetry monitoring for enterprises.
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Funding Insights of Flume Internet
Flume Internet has successfully raised a total of $4.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.5 million completed in November 2024. 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 2
- Last Round Series A — $3.5M
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First Round
First Round
(09 Jan 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series A - Flume Internet | Valuation |
investors |
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| Jan, 2023 | Amount | Seed - Flume Internet | Valuation |
investors |
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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 |
Investments & Acquisitions by Flume Internet
| 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 - Flume Internet
| 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 |
Flume Internet Comparisons
Competitors of Flume Internet
Flume Internet 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, Orange Polska, Ciena, Hong Kong Broadband Network and FPT 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile and fixed-line telecommunication services are provided across Europe.
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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 |
Cloud-based network management software is provided for infrastructure planning.
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| domain | founded_year | HQ Location |
Provider of fibre optic broadband internet services
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| domain | founded_year | HQ Location |
Broadband internet, IPTV, and data services are offered in Vietnam.
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| domain | founded_year | HQ Location |
Telecom services provider in Israel
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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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Frequently Asked Questions about Flume Internet
When was Flume Internet founded?
Flume Internet was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is Flume Internet located?
Flume Internet is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Flume Internet a funded company?
Flume Internet is a funded company, having raised a total of $4.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jan 09, 2023.
How many employees does Flume Internet have?
As of Dec 31, 2022, the latest employee count at Flume Internet is 17.
What does Flume Internet do?
Flume Internet is established as a provider of high-speed fiber optic internet services across the United States. Various plans are offered, ranging from 500 Mbps to 10 Gbps, catering to both residential subscribers and enterprise clients. Coverage extends to 23 markets nationwide since its launch in 2020. Solutions include unlimited data, free equipment, and installation for select communities, with a focus on reliability and customer support. Services are tailored for different building types, ensuring accessibility for diverse customer needs.
Who are the top competitors of Flume Internet?
Flume Internet's top competitors include KPN, Ciena and Orange Polska.
What products or services does Flume Internet offer?
Flume Internet offers Flume 500, Flume 1000, Flume 2x, and Flume 10x.