Community Phone

Landline-to-wireless phone service provider

Boston, Massachusetts, United States

About Community Phone

Community Phone provides landline phone services that can be converted to wireless, catering primarily to small businesses and individual consumers. Their service allows users to keep their existing landline numbers while benefiting from the flexibility and cost savings of wireless communication. This is particularly useful for small businesses, such as yoga studios, that require efficient handling of incoming calls. Community Phone's straightforward business model involves a subscription fee for their services, which include unique features not commonly found in the market. The company aims to offer affordable solutions that help customers save money while maintaining reliable communication. With backing from notable investors and programs, Community Phone is positioned to make a significant impact in the telecommunications sector.

Boston, MassachusettsHeadquarters
2018Year Founded
$243.2KTotal Funding
SEEDCompany Stage
Enterprise Software, Consumer GoodsIndustries
51-200Employees

Risks

Increased competition from major telecom providers transitioning to fiber optic services.
Decline in traditional landline usage could shrink their customer base.
Expansion may strain resources, affecting service quality and customer satisfaction.

Differentiation

Community Phone offers landline service without internet, ensuring reliability during outages.
Their service bridges traditional landlines with modern wireless technology, offering unique flexibility.
They provide features like call forwarding and voicemail to inbox, enhancing user control.

Upsides

Expansion into California taps into a market with limited broadband infrastructure.
Growing demand for non-internet communication solutions boosts their market potential.
Potential partnerships with senior living communities offer new revenue streams.

Funding

Total raised$243.2 K
Latest valuation$2.00 M
StageSEED
SEED
2/28/2019
N/A
$2.00 M