Necto

Closed

Necto is a telecommunications company in San Francisco, United States, founded in 2017. It has raised $8.0M across 1 round, most recently an $8.0M Seed in December 2023.

ISP starter kit

Employees
1–10
Founded
2017
Business Model
B2C
Total Funding
$8.0M
Last Round
$8.0M SeedDec 2023
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round and 5 investors for this company. The full record is or through the API.

About

Necto was a San Francisco-based startup, backed by Y Combinator's Winter 2018 batch, that offered an "ISP starter kit" enabling local entrepreneurs to launch their own neighborhood internet service providers. Rather than operating as a traditional ISP itself, Necto provided the network engineering, monitoring, and business-operations software that let independent operators run fixed-wireless broadband service in underserved San Francisco neighborhoods such as Bayview, Portola, and Visitacion Valley, while Necto handled backend infrastructure and operators handled local customer acquisition and pricing. The company was founded in 2017 by Benjamin Huang and Adam Montgomery. On March 21-22, 2019, Necto was acquired by fellow San Francisco ISP Monkeybrains, which announced that existing Necto customers' service would continue uninterrupted as their equipment was transitioned onto Monkeybrains' network.

Summary

It lists 1–10 employees. It has raised $8.0M in total across 1 round, most recently a $8.0M Seed round in Dec 2023. Investors include Nyca Partners, Point72 Ventures and AFG Partners.

Tech & App Stack

2 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
SeedSeed RoundDec 2023
$8.0M

Investors

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