Beanfield Metroconnect

Acquired

How it should be.

Toronto, Canada · Founded 1988 · $255.0M raised

Internet Service Provider
Telecommunications
Headquarters
Toronto
Employees
201–500
Founded
1988
Business Model
b2b_b2c
Total Funding
$255.0M
Last Round
$255.0M Growth EquityJul 2023
Rounds
2
Acquisition Date
Nov 2019

About

Beanfield is a leading Canadian independent Internet service provider offering fibre-optic Internet with unparalleled speed and reliability to residential and commercial customers in Toronto, Montreal, and Vancouver. Founded in 1988 with an activist spirit in Toronto's Liberty Village neighbourhood, the company builds, owns, and operates its own independent fibre network end-to-end. It is committed to exceptional customer service and transparent pricing with no hidden fees, offering truly unlimited Internet.

Summary

Beanfield Metroconnect is an Internet Service Provider company based in Toronto, Canada, founded in 1988. It has raised $255.0M in total across 2 rounds, most recently a $255.0M Growth Equity round in Jul 2023. Investors include Digital Colony.

Tech & App Stack

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Funding History

Growth EquityGrowth EquityJul 2023

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Acquisition through Growth Equity — per-round amounts, valuations, and who invested in each round.

Investors

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