About Sumicity
Sumicity is a company based in Carmo (Brazil) founded in 2004 was acquired by EB Capital in June 2018.. Sumicity offers products and services including Residential Internet, Corporate Internet, and Digital Services. Sumicity operates in a competitive market with competitors including Jio, MTN, Airtel, Proximus Group and Optus, among others.
- Headquarter Carmo, Brazil
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
EB Capital
(Jun 01, 2018)
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Products & Services of Sumicity
Sumicity offers a comprehensive portfolio of products and services, including Residential Internet, Corporate Internet, and Digital 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.
High-speed fiber optic internet for home users in Brazil
Fiber optic solutions for company networks and connectivity
Online tools for bill payments and customer management
Funding Insights of Sumicity
| 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 Sumicity
Sumicity has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include eB 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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eB Capital is engaged in alternative asset management in Brazil.
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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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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sumicity
| 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 - Sumicity
| 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 |
Sumicity Comparisons
Competitors of Sumicity
Sumicity 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 |
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| domain | founded_year | HQ Location |
Provider of telecommunication services
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MTN Group is recognized as a leading telecommunications provider in Africa.
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Airtel is recognized as a provider of telecommunications and internet services.
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Telephony, internet, television, and network-based ICT services are provided.
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Mobile internet services are provided for homes and offices.
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Mobile internet, TV, and telecommunication services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sumicity
Frequently Asked Questions about Sumicity
When was Sumicity founded?
Sumicity was founded in 2004.
Where is Sumicity located?
Sumicity is headquartered in Carmo, Brazil. It is registered at Carmo, Rio De Janeiro, Brazil.
Who is the current CEO of Sumicity?
Fabio Abreu Carvalho is the current CEO of Sumicity.
What does Sumicity do?
Sumicity was founded in 2004 and is headquartered in Carmo, Brazil. Operations are centered on the media sector, where subscription-based TV broadcasting services are delivered to viewers. Content is distributed through digital and traditional platforms, serving residential and commercial subscribers. The company is led by CEO Fabio Abreu Carvalho, with activities focused on the Brazilian market.
Who are the top competitors of Sumicity?
Sumicity's top competitors include MTN, Proximus Group and AT&T.
What products or services does Sumicity offer?
Sumicity offers Residential Internet, Corporate Internet, and Digital Services.
Who are Sumicity's investors?
Sumicity has 1 investor. Key investors include eB Capital.