What is Evertek?
Evertek, with roots tracing back to 1905 and 1986, operates as a Total Communications provider headquartered in Everly, Iowa. The company leverages a diverse range of technologies including Fiber, cable, copper, wireless, and satellite to deliver essential services such as Internet, IPTV, Digital Phone, and Cable TV. Evertek also extends its reach into the cellular market and holds significant BRS spectrum licenses, enabling robust coverage across key regions and into neighboring states. Its strategic partnerships with municipalities and other utility providers are instrumental in bridging the digital divide for underserved communities.
How much funding has Evertek raised?
Evertek has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Evertek?
This recent strategic investment signals Evertek's commitment to continued growth and technological advancement in the competitive telecommunications landscape. As a late-stage company, the focus is likely on scaling operations, enhancing network capabilities, and potentially exploring new service verticals or geographic expansions. The capital will be crucial for maintaining its infrastructure, upgrading to next-generation technologies, and solidifying its market presence, particularly in areas requiring advanced communication solutions.
See full Evertek company page