About MainOne
MainOne is a company based in Lagos (Nigeria) founded in 2007 by Funke Opeke was acquired by Equinix in December 2021.. MainOne has raised $30 million across 6 funding rounds from investors including Equinix, Standard Chartered and First City Monument Bank. MainOne offers products and services including Connectivity Services and Data Center Services.
- Headquarter Lagos, Nigeria
- Founders Funke Opeke
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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 Mainone
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Products & Services of MainOne
MainOne offers a comprehensive portfolio of products and services, including Connectivity Services and Data Center Services. 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.
Reliable connectivity services are offered by MainOne for global internet access and metro connections.
High-performance data center services are provided by MainOne on Platform Equinix for secure housing and interconnection.
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Funding Insights of MainOne
MainOne has successfully raised a total of $30M across 6 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 6
- Last Round Last Round
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2015 | Amount | Series A - MainOne | Valuation |
investors |
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| Nov, 2013 | Amount | Grant - MainOne | Valuation |
investors |
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| Oct, 2013 | Amount | Debt – Conventional - MainOne | 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 MainOne
MainOne has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Equinix, Standard Chartered and First City Monument Bank. 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 are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Infrastructure development services are provided to support international projects.
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Founded Year | Domain | Location | |
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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 MainOne
| 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 - MainOne
| 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 |
Mainone Comparisons
Competitors of MainOne
| 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 MainOne
When was MainOne founded?
MainOne was founded in 2007.
Where is MainOne located?
MainOne is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Who is the current CEO of MainOne?
Funke Opeke is the current CEO of MainOne. They have also founded this company.
Is MainOne a funded company?
MainOne is a funded company, having raised a total of $30M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $100M, raised on Jul 03, 2007.
What does MainOne do?
MainOne provides wholesale connectivity and data center services to the telecom service providers and business customers in West Africa. It owns and operates its own IP network powered by Ciscos IP NGN platform and owns a subsea cable system is a 7,000km submarine cable with landing stations in Nigeria, Ghana, and Portugal. Its services include connectivity (IP transit, PLC, interconnection), data center (colocation, cloud), media (video connection), enterprise voice (VoIP), and SME in a box (internet plus voice).
What products or services does MainOne offer?
MainOne offers Connectivity Services and Data Center Services.
Who are MainOne's investors?
MainOne has 8 investors. Key investors include Equinix, Standard Chartered, First City Monument Bank, First Bank of Nigeria, and Qiming Venture Partners.