About K2 Towers
K2 Towers is a company based in Ohio City (United States) founded in 2009 was acquired by Phoenix Tower International in May 2019.. K2 Towers has raised $22 million across 2 funding rounds from investors including Phoenix Tower International, JZ Capital Partners and Orangewood Partners. K2 Towers offers products and services including Tower Acquisition and Site Development.
- Headquarter Ohio City, United States
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Sectors
Telecommunications
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Email
***********
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Phone
*********
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Website
*********
- Legal Name K2 Towers, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Phoenix Tower International
& 2 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of K2 Towers
K2 Towers offers a comprehensive portfolio of products and services, including Tower Acquisition and Site Development. 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.
Acquisition of wireless communication towers is managed by K2 Towers for sellers and stakeholders.
Funding and development of tower sites are provided by K2 Towers for developers.
Funding Insights of K2 Towers
K2 Towers has successfully raised a total of $22M across 2 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 Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(15 Jun 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Private Equity Round - K2 Towers | Valuation |
investors |
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| Jun, 2015 | Amount | Private Equity Round - K2 Towers | 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 K2 Towers
K2 Towers has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Phoenix Tower International, JZ Capital Partners and Orangewood Partners. 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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VC investments are directed toward US and European opportunities.
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Founded Year | Domain | Location | |
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Growth-oriented private transactions are facilitated by Orangewood Partners.
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Founded Year | Domain | Location | |
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Telecom tower infrastructure is owned and operated across Latin America.
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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 K2 Towers
| 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 |
Financial Statements - K2 Towers
| 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 |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
K2 Towers Comparisons
Competitors of K2 Towers
| 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.
|
Frequently Asked Questions about K2 Towers
When was K2 Towers founded?
K2 Towers was founded in 2009 and raised its 1st funding round 6 years after it was founded.
Where is K2 Towers located?
K2 Towers is headquartered in Ohio City, United States. It is registered at Ohio City, Ohio, United States.
Is K2 Towers a funded company?
K2 Towers is a funded company, having raised a total of $22M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $22M, raised on Jun 15, 2015.
What does K2 Towers do?
K2 Towers was founded in 2009 in Ohio City, United States. Scaffolding systems are rented and installed, while blasting techniques are used for surface preparation and painting services are applied for industrial coatings. Boom lift and walkway plank rentals are also available. Operations serve industrial and commercial clients across the full process from initial preparation to final application in the construction sector.
What products or services does K2 Towers offer?
K2 Towers offers Tower Acquisition and Site Development.
Who are K2 Towers's investors?
K2 Towers has 3 investors. Key investors include Phoenix Tower International, JZ Capital Partners, and Orangewood Partners.