How Much Did Yelcot Raise?
Funding & Key Investors

Yelcot has secured $350K in total capital, with a recent strategic investment of $350K announced on April 6, 2020. This significant backing positions the company for its next phase of growth in the telecommunications and IT services sector.

What is Yelcot?

Yelcot
TelecommunicationsVoIPCable & Satellite

Yelcot Communications is a provider of advanced communication technologies and Managed IT Services, primarily serving rural Arkansas. The company offers a comprehensive suite of services including phone, cable, internet, and security, aiming to bridge the digital divide by bringing metropolitan-level choices to underserved areas. Their service footprint extends across numerous towns in Arkansas, including Yellville, Mountain View, and Batesville. Yelcot also provides budget-friendly Managed IT Services suitable for businesses of all sizes, demonstrating a commitment to both consumer connectivity and business operational efficiency.

How much funding has Yelcot raised?

Yelcot has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Yelcot

PPP

Public-Private Partnership

What's next for Yelcot?

With a substantial total funding amount and a recent strategic investment, Yelcot is poised for significant expansion and service enhancement. The company's focus on rural connectivity and comprehensive IT solutions suggests a strategic direction towards solidifying its market position and potentially broadening its service offerings. Future developments may include infrastructure upgrades, service area expansion, and the integration of new technologies to further empower its customer base in Arkansas.

See full Yelcot company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Telecommunications industry

Internet Service Providers, Website Hosting & Internet-related ServicesTelecommunications
Internet Service Providers, Website Hosting & Internet-related ServicesTelecommunications
Internet Service Providers, Website Hosting & Internet-related ServicesTelecommunications
TelecommunicationsVoIPInternet Service Providers, Website Hosting & Internet-related Services

Frequently Asked Questions Regarding Yelcot Financial Insights

What are the most recent funding rounds that Yelcot has completed, and what were the funding rounds?
Yelcot has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Yelcot has raised to date?
Yelcot has raised a total of $350K in funding to date.
How many funding rounds has Yelcot completed?
Yelcot has completed 1 funding rounds.
How much funding did Yelcot raise in its most recent funding round?
Yelcot raised $350K in its most recent funding round.
Who are the lead investors in Yelcot's latest funding round?
The lead investor in Yelcot's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Yelcot's history?
The largest funding round in Yelcot's history was $350K.
See more information about Yelcot