Starry

High-speed, affordable internet service provider

Boston, Massachusetts, United States

About Starry

Starry provides internet services focused on speed, reliability, and simplicity, catering to a diverse clientele from individual households to apartment buildings. The company offers high-speed internet at a lower cost, allowing customers to save approximately $30 per month compared to other providers. Starry emphasizes exceptional customer service, with easy installation and a risk-free guarantee that allows customers to cancel within the first 30 days for a full refund if not satisfied. Additionally, Starry has a social initiative, the Starry Connect Program, which aims to provide affordable broadband to families in need, showcasing its commitment to digital inclusion. The company also partners with apartment buildings to expand its reach, generating revenue through monthly subscriptions for its services.

Boston, MassachusettsHeadquarters
2014Year Founded
$280.1MTotal Funding
POST_IPO_DEBTCompany Stage
Social Impact, Consumer GoodsIndustries
201-500Employees

Risks

Exiting the Columbus market suggests challenges in maintaining strategic partnerships.
Recent Chapter 11 bankruptcy indicates potential financial instability for Starry.
Reliance on fixed wireless technology may face competition from fiber-optic providers.

Differentiation

Starry offers a unique ambient touchscreen Wi-Fi station for easy home network control.
The company focuses on high-speed internet using high-frequency spectrum technology.
Starry's social impact initiative, Starry Connect, aims to provide affordable broadband to families.

Upsides

Starry's restructuring positions it for growth in urban markets like Boston and NYC.
Partnerships with apartment buildings expand Starry's customer base in multi-dwelling units.
Starry's focus on digital inclusion differentiates it in competitive broadband markets.

Funding

Total raised$280.15 M
Latest valuation$1.66 B
StagePOST_IPO_DEBT
POST IPO DEBT
11/30/2022
$30
$452
$1.66 B
SERIES D
3/31/2019
$125
$625.00 M
SERIES C
6/30/2018
$100
$500.00 M