About Schurz
Schurz is a company based in Mishawaka (United States) founded in 1872 was acquired by New Media Investment in January 2019.. The company has 492 employees as of December 31, 2022. Schurz has completed 7 acquisitions, including Burlington Telecom, Hiawatha Broadband Communications and Long Lines. Schurz offers products and services including FLIGHT FIBER, Flight Mobile, and Cloud Managed Services. Schurz operates in a competitive market with competitors including Orange Polska, KPN, Hong Kong Broadband Network, Ciena and Hyperoptic, among others.
- Headquarter Mishawaka, United States
- Employees 492 as on 31 Dec, 2022
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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 Schurz Communications, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Gray TV
& 2 more
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Employee Count
492
as on Dec 31, 2022
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Investments & Acquisitions
Burlington Telecom
& 6 more
- Acquired by
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Products & Services of Schurz
Schurz offers a comprehensive portfolio of products and services, including FLIGHT FIBER, Flight Mobile, and Cloud Managed 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.
Provides 100% fiber internet for high-speed connectivity in local areas.
Offers affordable 5G mobile services for broadband customers.
Delivers managed cloud infrastructure for business operations.
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Funding Insights of Schurz
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Schurz
Schurz has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Gray TV, New Media Investment and Twin Point Capital. 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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Invests in the US
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Founded Year | Domain | Location | |
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Local television stations and digital assets are owned and operated.
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Founded Year | Domain | Location | |
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Twin Point Capital is engaged in investment management services.
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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 Schurz
Schurz has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Burlington Telecom, Hiawatha Broadband Communications and Long Lines. 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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Fixed line telecommunication services are provided in Minnesota and Wisconsin.
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2010 | ||||
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Colocation and data center hosting services are provided.
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2009 | ||||
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Fiber optic based telecom service provider in Burlington
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2006 |
| 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 - Schurz
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Schurz Comparisons
Competitors of Schurz
Schurz 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 Orange Polska, KPN, Hong Kong Broadband Network, Ciena and Hyperoptic, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Telephony, internet, and data transmission services are provided in Poland.
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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 |
Provider of fibre optic broadband internet services
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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 |
Fiber-optic broadband and VoIP telephony services are delivered.
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| domain | founded_year | HQ Location |
Mobile communication technologies are developed and licensed by Interdigital.
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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 Schurz
Frequently Asked Questions about Schurz
When was Schurz founded?
Schurz was founded in 1872.
Where is Schurz located?
Schurz is headquartered in Mishawaka, United States. It is registered at Mishawaka, Indiana, United States.
How many employees does Schurz have?
As of Dec 31, 2022, the latest employee count at Schurz is 492.
What does Schurz do?
Schurz was established in 1872 in Mishawaka, United States, as a media entity that has evolved into broadband operations. Fiber-optic internet access and cloud-based services are delivered through its infrastructure. The company operates within the telecommunications sector, supporting connectivity for residential and business users across regional markets. Digital media distribution is also maintained alongside these core technical offerings.
Who are the top competitors of Schurz?
Schurz's top competitors include KPN, Ciena and Hyperoptic.
What products or services does Schurz offer?
Schurz offers FLIGHT FIBER, Flight Mobile, and Cloud Managed Services.
How many acquisitions has Schurz made?
Schurz has made 7 acquisitions, including Burlington Telecom, Hiawatha Broadband Communications, and Long Lines.
Who are Schurz's investors?
Schurz has 3 investors. Key investors include Gray TV, New Media Investment, and Twin Point Capital.