What is Starry?
Starry, Inc. operates as a next-generation fixed wireless broadband provider, utilizing advanced millimeter-band LMDS connections to deliver high-speed internet directly to residential and commercial buildings. By bypassing traditional fiber-optic constraints, the company offers a scalable alternative to legacy ISP infrastructure. Its market position is defined by a focus on user-centric design and high-performance connectivity, effectively bridging the gap between traditional 5G mobile networks and fixed-line broadband services.
How much funding has Starry raised?
Starry has raised a total of $187.3M across 5 funding rounds:
Series A
$26M
Series B
$30M
Private Equity
$31M
Series C
$100M
Debt
$350K
Series A (2015): $26M, investors not publicly disclosed
Series B (2016): $30M led by KKR, FirstMark Capital, iac ventures, and Quantum Strategic Partners
Private Equity (2017): $31M, investors not publicly disclosed
Series C (2018): $100M featuring Quantum Strategic Partners, KKR, IAC, Tiger Global, HLVP, and FirstMark Capital
Debt (2020): $350K backed by PPP
Key Investors in Starry
KKR
KKR is a global investment firm investing across private markets in every asset class all over the world, KKR mission is to fortify companies and communities and help secure the futures of the institutions and individuals counting on us.
IAC
IAC/InterActiveCorp operates as a diversified media and Internet company, providing strategic investment and operational support to high-growth technology ventures.
FirstMark Capital
FirstMark Capital is a venture firm focused on early-stage and growth-stage investments, providing critical support to companies within the information and document management sectors.
What's next for Starry?
With the recent influx of capital, Starry is well-positioned to accelerate its infrastructure deployment and expand its footprint in key urban markets. The company's strategic roadmap likely involves densifying its base station network to improve signal reliability and throughput. As the demand for high-bandwidth, low-latency internet continues to surge, Starry's ability to leverage its unique wireless architecture will be critical in maintaining its competitive edge against established telecommunications incumbents and emerging satellite-based providers.
See full Starry company page
