About Octotel
Octotel is a company based in Cape Town (South Africa) founded in 2015 by Mark Slingsby and Rob Gilmour was acquired by AIIM in October 2024.. Octotel offers products and services including Fibre Network Services and Internet Packages.
- Headquarter Cape Town, South Africa
- Founders Mark Slingsby, Rob Gilmour
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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 Octotel (Pty) Limited
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Products & Services of Octotel
Octotel offers a comprehensive portfolio of products and services, including Fibre Network Services and Internet Packages. 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.
Open access fibre networks are provided for FTTH connectivity, facilitating internet access across various applications
Packages are offered through partnered ISPs on the network, enabling users to access high-speed internet for daily activities
Funding Insights of Octotel
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2016 | Amount | Seed - Octotel | 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 Octotel
Octotel has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Actis, African Infrastructure Investment Managers (AIIM) and Pembani Remgro Infrastructure Managers. 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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Sustainable infrastructure projects are invested in for essential services.
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Infrastructure funds are managed for long-term investments in Africa.
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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 Octotel
| 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 - Octotel
| 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 |
Octotel Comparisons
Competitors of Octotel
| 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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Frequently Asked Questions about Octotel
When was Octotel founded?
Octotel was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Octotel located?
Octotel is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Who is the current CEO of Octotel?
Rob Gilmour is the current CEO of Octotel. They have also founded this company.
What does Octotel do?
Octotel was founded in 2015 in Cape Town, South Africa, within the telecommunications sector. Fiber-to-the-home and fiber-to-the-business connectivity is delivered to internet service providers via a shared open-access network. This setup enables multiple ISPs to utilize the infrastructure for service delivery. Line rental is offered on a vendor-neutral basis to promote competition. Advanced fiber optic technology is employed to ensure reliable, high-speed internet access across the region.
What products or services does Octotel offer?
Octotel offers Fibre Network Services and Internet Packages.
Who are Octotel's investors?
Octotel has 3 investors. Key investors include Actis, African Infrastructure Investment Managers (AIIM), and Pembani Remgro Infrastructure Managers.
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