# Cuckoo Internet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cuckoo-internet

- Industry: Telecoms
- Headquarters: London, UK
- Website: www.cuckoo.co
- Total disclosed funding: $5.1M
- Latest round: Series A (Apr 14, 2021)
- Investors on record: 2

## About

Cuckoo Internet Ltd. provides high-speed full fibre broadband services, focusing on delivering reliable internet connectivity with competitive plans tailored for residential users across the UK.Founded in 2019 in London, UK, Cuckoo Internet Ltd. specializes in advanced fibre optic broadband solutions. The company has participated in a total of 3 funding rounds, with its most recent being a Series A round of GBP 3.700 mn led by RTP Global on September 2, 2022. The company is co-founded by Huda Qayam and Tommy Toner, with Paul Hellings serving as the CEO. Notably, Giganet Limited acquired Cuckoo Internet Ltd. in September 2022, although financial details were not disclosed.Cuckoo Broadband primarily offers high-speed full fibre broadband services, leveraging advanced fibre optic technology to deliver reliable internet connectivity. Their core product lineup includes broadband plans with speeds of up to 900 Mbps, supported by the eero Pro 6E router, enhancing signal strength and coverage throughout customers' homes. The service is designed for ease of use, allowing customers to effortlessly select their desired plan and switch from their current provider without hassle, thereby addressing common pain points associated with traditional copper-based internet services.Cuckoo Broadband generates revenue through subscription-based models, charging a monthly fee for their broadband plans. The pricing structure is straightforward, with competitive plans available, such as GBP 38 per month for the 900 Mbps service, complemented by GBP 0 set-up and installation fees. Additional services, including Cuckoo Protect, which offers advanced security features, also contribute to the revenue model, enhancing customer acquisition through seamless switching from previous providers.Cuckoo Internet Ltd. aims to leverage its recent funding from the Series A round to enhance its product offerings and expand its market reach. The company is currently designing new broadband services tailored for diverse user needs to be launched in the upcoming year. Furthermore, plans are in place to expand operations into additional regions within the UK by late 2023, aiming to enhance their customer base and service reliability. The acquisition by Giganet Limited is expected to facilitate this growth through shared resources and strategic alignment.

## Funding rounds

- Series A, Apr 14, 2021, $5.1M — RTP Global, JamJar Investments

## Investors

- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Series A
- JamJar Investments (https://capitalatlas.ai/funds/jamjar-investments) — Series A