Silo

Toronto, Canada Founded: 2017 • Age: 9 yrs Acquired By Xplornet
Provider of wireless WiFi for homes and fibre broadband internet services for business sectors
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About Silo

Silo is a company based in Toronto (Canada) founded in 2017 was acquired by Xplornet in February 2020.. Silo operates in a competitive market with competitors including Jio, MTN, Airtel, Proximus Group and Optus, among others.

  • Headquarter Toronto, Canada
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Xplornet

    (Feb 14, 2020)

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Funding Insights of Silo

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Silo

Silo has secured backing from 1 investor. Prominent investors backing the company include Xplornet. 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.

All
Investor Description Founded Year Domain Location
Fixed wireless internet and network engineering services provider
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Silo

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Silo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Silo Comparisons

Employees
+
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Competitors of Silo

Silo 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 Jio, MTN, Airtel, Proximus Group and Optus, 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
Provider of telecommunication services
domain founded_year HQ Location
MTN Group is recognized as a leading telecommunications provider in Africa.
domain founded_year HQ Location
Airtel is recognized as a provider of telecommunications and internet services.
domain founded_year HQ Location
Telephony, internet, television, and network-based ICT services are provided.
domain founded_year HQ Location
Mobile internet services are provided for homes and offices.
domain founded_year HQ Location
Mobile internet, TV, and telecommunication services are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Silo

Xplornet acquires Silo Wireless
Commsupdate5 years ago

Frequently Asked Questions about Silo

When was Silo founded?

Silo was founded in 2017.

Where is Silo located?

Silo is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

What does Silo do?

Silo was founded in 2017 in Toronto, Canada, and operates within the telecommunications sector. Wireless WiFi services are delivered to residential customers, while fibre broadband internet solutions are supplied to business sectors. The companys domain, silo.ca, supports these operations focused on internet connectivity. Activities are centered in the Canadian market, with an emphasis on reliable broadband infrastructure for diverse user needs.

Who are the top competitors of Silo?

Silo's top competitors include MTN, Proximus Group and AT&T.

Who are Silo's investors?

Silo has 1 investor. Key investors include Xplornet.

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