About Fon
Fon is a company based in Madrid (Spain) founded in 2006 was acquired by Agile in April 2021.. Fon has raised $71.7 million across 8 funding rounds from investors including Google, Skype and SVB. Fon has completed 1 acquisition, including XcellAir. Fon offers products and services including TV Platform, CDN Solutions, Managed Services, Video Technologies, and Subtitling Solutions. Fon operates in a competitive market with competitors including eero, Single Digits, Plume, AirTies and Celona, among others.
- Headquarter Madrid, Spain
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Sectors
Telecommunications
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Phone
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Website
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Social
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- Legal Name Fon Wireless Limited
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Products & Services of Fon
Fon offers a comprehensive portfolio of products and services, including TV Platform, CDN Solutions, Managed Services, Video Technologies, and Subtitling Solutions. 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.
Platform for TV service delivery and management
Solutions for efficient video content distribution networks
Comprehensive support for TV and video operations
Tools for advanced video processing and streaming
Services for adding subtitles to video content
Funding Insights of Fon
Fon has successfully raised a total of $71.7M across 8 strategic funding rounds. The most recent funding activity was a Grant round of $590.41 thousand completed in July 2018. 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 8
- Last Round Grant — $590,415
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First Round
First Round
(05 Feb 2006)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Grant - Fon | Valuation |
investors |
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| Feb, 2015 | Amount | Debt – Venture - Fon | Valuation |
investors |
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| Feb, 2015 | Amount | Grant - Fon | 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 Fon
Fon has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Google, Skype and SVB. 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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Venture capital investments in technology startups and entrepreneurs.
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Founded Year | Domain | Location | |
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Tech-based companies are invested in by Atomico venture capital fund.
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Founded Year | Domain | Location | |
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Venture capital investing in technology sectors such as AI and automotive.
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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 Fon
Fon has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include XcellAir. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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RAN and SON solutions are integrated for wireless networks.
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2015 |
| 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 - Fon
| 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 |
Fon Comparisons
Competitors of Fon
Fon 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 eero, Single Digits, Plume, AirTies and Celona, 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 |
Mesh-based connectivity solutions for IoT applications are provided.
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| domain | founded_year | HQ Location |
Single Digits is focused on providing connectivity solutions.
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| domain | founded_year | HQ Location |
Adaptive Wi-Fi systems are optimized in real time by Plume.
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| domain | founded_year | HQ Location |
Wi-Fi mesh network solutions provider
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| domain | founded_year | HQ Location |
Cloud-based WiFi infrastructure connectivity management software is provided.
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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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| 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 Fon
Frequently Asked Questions about Fon
When was Fon founded?
Fon was founded in 2006.
Where is Fon located?
Fon is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Is Fon a funded company?
Fon is a funded company, having raised a total of $71.7M across 8 funding rounds to date. The company's 1st funding round was a Grant of $261.42K, raised on Feb 05, 2006.
What does Fon do?
Fon is an online platform founded in 2006 in Madrid, Spain, operating in the Wi-Fi sharing sector. Home Wi-Fi is shared by users through Fon routers connected to broadband, enabling free access to hotspots worldwide. Network passes are purchased by others for connectivity. A mobile app is offered for automatic hotspot connections. Services are extended across multiple global locations.
What products or services does Fon offer?
Fon offers TV Platform, CDN Solutions, Managed Services, Video Technologies, and Subtitling Solutions.
How many acquisitions has Fon made?
Fon has made 1 acquisition, including XcellAir.
Who are Fon's investors?
Fon has 14 investors. Key investors include Google, Skype, SVB, Deutsche Telekom, and BT Group.
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