About TeraGo
TeraGo is a company based in Thornhill (Canada) founded in 1999 was acquired by Hut 8 in January 2022.. TeraGo has raised $2.31 million across 4 funding rounds from investors including Hut 8. The company has 98 employees as of December 31, 2024. TeraGo has completed 4 acquisitions, including BoxFabric Hosting, Data Centers Canada and Mobilexchange. TeraGo offers products and services including Business Internet, Managed SD-WAN, and 5G Private Wireless. TeraGo operates in a competitive market with competitors including 1&1 IONOS, Vonage, Viatel, Aureon and Dialog Axiata, among others.
- Headquarter Thornhill, Canada
- Employees 98 as on 31 Dec, 2024
- Stage Public
-
Sectors
TelecommunicationsTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Terago Inc.
-
Annual Revenue
$18.18 M (USD)0.43as on Dec 31, 2024
-
Net Profit
$-9.22 M (USD)-0.65as on Dec 31, 2024
-
EBITDA
$1.7 M (USD)263.8as on Dec 31, 2024
-
Total Equity Funding
$2.31 M (USD)
in 4 rounds
-
Latest Funding Round
- Investors
-
Employee Count
98
as on Dec 31, 2024
-
Investments & Acquisitions
BoxFabric Hosting
& 3 more
-
Acquired by
Hut 8
(Jan 20, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of TeraGo
TeraGo is a publicly listed company on the TSX with ticker symbol TGO in Canada, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of TeraGo
TeraGo offers a comprehensive portfolio of products and services, including Business Internet, Managed SD-WAN, and 5G Private Wireless. 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.
Delivers secure connectivity options like fiber and wireless.
Optimizes network performance for business demands.
Provides high-speed wireless networks for enterprises.
Unlock access to complete
Unlock access to complete
Funding Insights of TeraGo
TeraGo has successfully raised a total of $2.31M across 4 strategic funding rounds. 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 4
- Last Round Last Round
-
First Round
First Round
(04 Dec 2003)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Post-IPO - TeraGo | Valuation |
investors |
|
| Mar, 2025 | Amount | Post-IPO - TeraGo | Valuation |
investors |
|
| Jun, 2018 | Amount | Post-IPO - TeraGo | Valuation |
investors |
|
| 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 TeraGo
TeraGo has secured backing from 1 investor. Prominent investors backing the company include Hut 8. 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 |
|---|---|---|---|---|
|
High-performance computing infrastructure is provided for digital sectors.
|
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 TeraGo
TeraGo has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include BoxFabric Hosting, Data Centers Canada and Mobilexchange. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Cloud and managed hosting services are provided to businesses.
|
2009 | ||||
|
Colocation and disaster recovery solutions are provided to enterprises.
|
2009 | ||||
|
Managed network services are provided to clients.
|
2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - TeraGo
| 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 |
Terago Comparisons
Competitors of TeraGo
TeraGo 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 1&1 IONOS, Vonage, Viatel, Aureon and Dialog Axiata, 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 |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
|
|
| domain | founded_year | HQ Location |
Provider of contact center business communication solutions
|
|
| domain | founded_year | HQ Location |
Connectivity, voice, and data center solutions are provided by Viatel.
|
|
| domain | founded_year | HQ Location |
Business telecom and contact center services are provided to enterprises.
|
|
| domain | founded_year | HQ Location |
Telecommunication services are delivered across Sri Lanka by Dialog Axiata.
|
|
| domain | founded_year | HQ Location |
Cloud-based DNS, DHCP appliances, and security solutions 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 Terago
Frequently Asked Questions about TeraGo
When was TeraGo founded?
TeraGo was founded in 1999 and raised its 1st funding round 4 years after it was founded.
Where is TeraGo located?
TeraGo is headquartered in Thornhill, Canada. It is registered at Thornhill, Ontario, Canada.
Is TeraGo a funded company?
TeraGo is a funded company, having raised a total of $2.31M across 4 funding rounds to date. The company's 1st funding round was a Post-IPO of $6.9M, raised on Dec 04, 2003.
How many employees does TeraGo have?
As of Dec 31, 2024, the latest employee count at TeraGo is 98.
What is the annual revenue of TeraGo?
Annual revenue of TeraGo is $18.18M as on Dec 31, 2024.
What does TeraGo do?
TeraGo Networks was founded in 1999 and is headquartered in Thornhill, Canada. Business telecommunications services are offered, including internet access via fibre, wireless, and Ethernet over cable technologies. Colocation facilities and cloud solutions are provided through its own network infrastructure. Voice options such as SIP trunking and Hosted PBX are included. Operations cover 46 cities, where 4,100 business customers are served.
Who are the top competitors of TeraGo?
What products or services does TeraGo offer?
TeraGo offers Business Internet, Managed SD-WAN, and 5G Private Wireless.
Is TeraGo publicly traded?
Yes, TeraGo is publicly traded on TSX under the ticker symbol TGO.
How many acquisitions has TeraGo made?
TeraGo has made 4 acquisitions, including BoxFabric Hosting, Data Centers Canada, and Mobilexchange.
Who are TeraGo's investors?
TeraGo has 1 investor. Key investors include Hut 8.
What is TeraGo's ticker symbol?
The ticker symbol of TeraGo is TGO on TSX.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.