Winc Funding: How Much Did They Raise & Key Investors

How Much Did Winc Raise?
Funding & Key Investors

Wireless Net Connections (WINC), a telecommunications firm that operated for 23 years, has officially ceased operations as of the end of 2024. Throughout its history, WINC secured $61K in total investment, with a recent financing round of $61K occurring on February 5, 2021. This debt financing, amounting to $61 million, was intended to fuel substantial expansion capital, aligning with a significant Series B/C stage of its corporate lifecycle.

What is Winc?

Winc

Telecommunications

VoIP

WINC specialized in providing a range of wireless services, establishing a presence in the telecommunications sector over its two-decade operational span. The company's trajectory was marked by efforts to secure capital for growth and service expansion, culminating in a notable debt financing round in early 2021. However, despite past investment and strategic capital raises, WINC has concluded its business operations.

How much funding has Winc raised?

Winc has raised a total of $61K across 1 funding round:

2021

Debt

$61K

Debt (2021): $61K with participation from PPP

Key Investors in Winc

PPP

Public-Private Partnership

What's next for Winc?

As of the close of 2024, WINC has officially transferred all operational responsibilities and customer care to FMG Technology. Customers seeking continued service are directed to Frank Cadena at FMG Technology for support. WINC has expressed its gratitude to its customer base for their loyalty throughout its years of service, marking the end of an era for the telecommunications provider.

See full Winc company page

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