What is Truespeed?
Founded in 2014, Truespeed is an agile and fast-growing internet service provider focused on delivering full fiber broadband to underserved areas in the South West of the UK. By constructing its own infrastructure, the company provides future-proof, sustainable connections directly to homes and businesses. Truespeed's innovative approach utilizes DKT gateways to facilitate flexible broadband connectivity, positioning it as a key player in expanding high-speed internet access.
How much funding has Truespeed raised?
Truespeed has raised a total of $100M across 1 funding round:
Other Financing Round
$100M
Other Financing Round (2022): $100M with participation from Aviva Investors Holdings
Key Investors in Truespeed
Aviva Investors Holdings
Aviva Investors Holdings is a prominent global asset manager, likely focusing on infrastructure and long-term investments, aligning with Truespeed's network development.
What's next for Truespeed?
The substantial enterprise-level funding indicates Truespeed is poised for significant scaling and infrastructure expansion. This strategic investment will likely fuel further network build-out across the South West, enhancing its competitive edge against established providers. Future growth may involve expanding service areas, increasing customer acquisition efforts, and potentially exploring new technological integrations to maintain its position as a leading fiber broadband provider.
See full Truespeed company page
