US Internet Corp.

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US Internet Corp. - overview

Established

1995

Location

-, -, -

Primary Industry

Telecoms

About

Based in the US, US Internet Corp. provides high-speed fiber optic internet services, including email, phone services, cloud hosting, colocation, and data storage, serving both residential and business clients. Founded in 1995, US Internet Corp. specializes in delivering fiber optic internet services.


The company began offering wireless internet solutions in Minneapolis in 2008. Details about any significant pivots or a parent company are not available. The company was recently involved in a deal where it was acquired by MetroNet, a portfolio company of Oak Hill Capital and KKR, on September 2, 2025. USI Fiber Internet specializes in providing high-speed fiber optic internet services, along with email services, phone services, cloud hosting, colocation, and data storage.


The core product, fiber internet, is designed to deliver fast and reliable connectivity, catering to both residential and business clients. With a commitment to technological advancement, USI has been a pioneer in wireless internet solutions in Minneapolis, having launched its services in 2008. The company primarily serves urban customers, including households, small to medium-sized enterprises, and larger corporate clients within the Minneapolis area, focusing on enhancing user experience in activities such as streaming, gaming, and telecommuting. The geographical market extends beyond Minneapolis, as USI aims to provide fiber internet solutions to broader regions, adapting to the evolving connectivity needs of its user base.


USI Fiber Internet generates revenue through a B2C and B2B business model, offering subscription-based plans for its services. Clients can select from various pricing tiers that cater to different needs, such as residential fiber internet plans or business-focused solutions that include dedicated bandwidth and additional services like cloud hosting and colocation. The transaction structure typically involves clients subscribing to monthly plans, which allows for predictable income streams for the company. Each service package is designed with scalability in mind, accommodating both individual users and larger organizations that require more extensive data management solutions.


By focusing on high-speed connectivity and maintaining a robust support system, USI ensures customer satisfaction and retention, thereby contributing to its overall revenue generation. Following the acquisition by MetroNet, which allows for expanded market reach in Minnesota, US Internet Corp. is expected to focus on enhancing its service offerings and broadening its geographical presence. While specific new product launches have not been detailed, the company is poised to leverage additional resources for growth opportunities in the fiber internet market.


Current Investors

Primary Industry

Telecoms

Sub Industries

Fiber Optics, Cable Service Providers

Company Stage

Add-on

Total Amount Raised

Subscriber access only

US Internet Corp. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedUS Internet Corp.-

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