About oxio
oxio is a company based in Quebec City (Canada) founded in 2017 was acquired by Cogeco in February 2023.. oxio has raised $19.94 million across 2 funding rounds from investors including Cogeco, WndrCo and Xavier Niel. oxio offers products and services including Internet Plan and Wi-Fi Equipment. oxio operates in a competitive market with competitors including KPN, Orange Polska, Ciena, Hong Kong Broadband Network and FPT Telecom, among others.
- Headquarter Quebec City, Canada
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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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Products & Services of oxio
oxio offers a comprehensive portfolio of products and services, including Internet Plan and Wi-Fi Equipment. 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.
Fixed-price plans with speeds up to 1 Gbps and included equipment
Provides whole home coverage using Wi-Fi 6 technology
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Funding Insights of oxio
oxio has successfully raised a total of $19.94M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $19.81 million completed in July 2021. 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 Series A — $19.8M
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First Round
First Round
(01 Jun 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series A - oxio | Valuation | Xavier Niel | |
| Jun, 2021 | Amount | Seed - oxio | Valuation | Y Combinator |
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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 oxio
oxio has secured backing from 8 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Cogeco, WndrCo and Xavier Niel. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Business guidance for corporate companies and startups
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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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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 oxio
| 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 - oxio
| 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 |
Oxio Comparisons
Competitors of oxio
oxio 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 KPN, Orange Polska, Ciena, Hong Kong Broadband Network and FPT Telecom, 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.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile and fixed-line telecommunication services are provided across Europe.
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| domain | founded_year | HQ Location |
Telephony, internet, and data transmission services are provided in Poland.
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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 |
Provider of fibre optic broadband internet services
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| domain | founded_year | HQ Location |
Broadband internet, IPTV, and data services are offered in Vietnam.
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| domain | founded_year | HQ Location |
Telecom services provider in Israel
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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 Oxio
Frequently Asked Questions about oxio
When was oxio founded?
oxio was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is oxio located?
oxio is headquartered in Quebec City, Canada. It is registered at Quebec City, Quebec, Canada.
Is oxio a funded company?
oxio is a funded company, having raised a total of $19.94M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2021.
What does oxio do?
oxio was established in 2017 in Quebec City, Canada, within the telecommunications sector. Broadband internet access and digital television packages are delivered to households across the province. Operations center on reliable connectivity solutions for everyday use, with services tailored to local needs. The companys domain, oxio.ca, supports customer interactions and service management in the region.
Who are the top competitors of oxio?
oxio's top competitors include KPN, Ciena and Orange Polska.
What products or services does oxio offer?
oxio offers Internet Plan and Wi-Fi Equipment.
Who are oxio's investors?
oxio has 8 investors. Key investors include Cogeco, WndrCo, Xavier Niel, Invest Quebec, and Desjardins Capital.
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