About Midco
Midco is a company based in Sioux Falls (United States) founded in 1931.. Midco has completed 2 acquisitions, including Dataware Services and US Cable. Midco operates in a competitive market with competitors including Ciena, Spectrum, CenturyLink, DIRECTV and Mediacom Communications, among others.
- Headquarter Sioux Falls, United States
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Sectors
TelecommunicationsMedia & Entertainment
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$670.44 K (USD), Grant
Jan 24, 2020
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Dataware Services
& 1 more
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Funding Insights of Midco
- Total Funding Total Funding
- Total Rounds 6
- Last Round Grant — $670,443
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First Round
First Round
(01 Nov 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2020 | Amount | Grant - Midco | Valuation |
investors |
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| Sep, 2019 | Amount | Debt – Conventional - Midco | Valuation |
investors |
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| Jul, 2019 | Amount | Debt – Conventional - Midco | 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 |
Investors in Midco
Midco has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Minnesota.gov. 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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Government agency of the Minnesota Govt
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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 Midco
Midco has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Dataware Services and US Cable. 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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Data center, networking, and managed services are provided by Dataware.
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2001 | ||||
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Internet and TV services are provided nationwide.
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1998 |
| 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 - Midco
| 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 |
Midco Comparisons
Competitors of Midco
Midco 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 Ciena, Spectrum, CenturyLink, DIRECTV and Mediacom Communications, 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 |
Cloud-based network management software is provided for infrastructure planning.
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| domain | founded_year | HQ Location |
Spectrum is recognized as a provider of internet, mobile, TV, and home phone services.
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| domain | founded_year | HQ Location |
Datacenter colocation, communication technology, and managed services are provided.
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| domain | founded_year | HQ Location |
Direct broadcast satellite service provider
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| domain | founded_year | HQ Location |
Fiber optic broadband, phone, and cable TV services are provided.
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Provider of mobile phones and fiber broadband services for home & business
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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 Midco
Frequently Asked Questions about Midco
When was Midco founded?
Midco was founded in 1931 and raised its 1st funding round 85 years after it was founded.
Where is Midco located?
Midco is headquartered in Sioux Falls, United States. It is registered at Sioux Falls, South Dakota, United States.
Who is the current CEO of Midco?
Pat Mcadaragh is the current CEO of Midco.
What does Midco do?
Midco provides fixed-line internet, phone, and TV services to the residential as well as business customers. Its services include internet (fixed-line including DSL and fiber-optic, wi-fi), cable TV, fixed-line phone, home automation monitoring, dedicated internet connectivity for the businesses, and advertising services. Also provides wholesale fiber-optic network services to the carriers ISPs.
Who are the top competitors of Midco?
Midco's top competitors include Ciena, Spectrum and Mediacom Communications.
How many acquisitions has Midco made?
Midco has made 2 acquisitions, including Dataware Services, and US Cable.
Who are Midco's investors?
Midco has 1 investor. Key investors include Minnesota.gov.
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