Starry was founded in 2016 by Chet Kanojia and Joe Lipowski. The company has not officially endorsed a plan to participate in an IPO.
Starry is a fixed wireless broadband Internet service provider using 5G fixed wireless connection. The company has raised approximately $290 million in Venture Capital funding from investors including FirstMark Capital, Soros Fund Management, Third Kind Venture Capital, Tiger Global Management, and Lauder Partners. It has been reported that the company last raised an estimated $125 million in April 2019 at a post-money valuation of just under $900 million.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
03/30/2021 | Series E-2 | $11.03MM | $xx.xx | $1.23B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
8,232,627
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
03/30/2021 | Series E-1 | $31.75MM | $xx.xx | $1.23B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
22,204,490
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
03/30/2021 | Series E-3 | $125MM | $xx.xx | $1.23B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
74,404,760
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
03/06/2019 | Series D | $125MM | $xx.xx | $894.18MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
87,412,587
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
07/03/2018 | Series C | $100MM | $xx.xx | $495.21MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
108,459,871
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
12/16/2016 | Series B | $30MM | $xx.xx | $200MM | Firstmark Capital, Kohlberg Kravis Roberts, Soros Fund Management, Third Kind Venture Capital, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
55,452,865
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Firstmark Capital, Kohlberg Kravis Roberts, Soros Fund Management, Third Kind Venture Capital, Tiger Global Management
|
||||||
08/21/2015 | Series A | $26MM | $xx.xx | $104MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
91,549,300
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
12/10/2014 | Series Seed | $7MM | $xx.xx | $35MM | Lauder Partners | |
Price per Share
$xx.xx
Shares Outstanding
53,030,270
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Lauder Partners
|