element8
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element8 - overview
Established
2015
Location
Fort Worth, TX, US
Primary Industry
Telecoms
About
Founded in 2015 and based in Texas, US, Element8 Technology Investment Group Inc. , dba Element8, operates as a telecommunications company that provides internet through broadband connections for homes and businesses. As of March 2023, Kevin Grace serves as the CEO of the company. In March 2023, Digital Alpha Advisors led a USD 200 million investment in element8.
The company offers a variety of services, such as high-speed wireless internet and high-speed fiber internet, for both homes and businesses. The firm sells smart home devices such as Harmonize, which optimizes the home's network to provide connectivity to devices; Beast: Gamer Edition, which is a gaming CPU; and protect, which is a smart ring. The enterprise generates revenue by offering internet subscription plans for businesses, which include the connected plan for USD 60 per month with 60 Mbps, the air plan for USD 100 per month with 100 Mbps, and the ultra-plan for USD 120 per month with 120 Mbps. The March 2023 investment allows the organization to accelerate its growth strategy, which includes organic growth, strategic acquisitions, and the expansion of greenfield network infrastructure.
Current Investors
Digital Alpha Advisors
Primary Industry
Telecoms
Sub Industries
Internet, Internet Service Providers
Website
www.e8internet.com
Verticals
IoT (Internet of Things)
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
element8 - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | AtLink Services, LLC | - | ||||||||
| Growth | Completed | element8 | - |
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