# GiGstreem

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gigstreem

- Industry: Telecoms
- Headquarters: Tysons, US
- Website: www.gigstreem.com
- Total disclosed funding: $10M
- Latest round: Series B (Sep 12, 2019)
- Investors on record: 2

## About

GiGstreem is a US-based technology company specializing in enhancing digital connectivity through an advanced user portal, which facilitates streamlined communication and efficient data sharing for businesses and organizations.GiGstreem, founded in 2016 and headquartered in Tysons, US, focuses on providing internet services to various sectors. The company was founded by Joel McIntyre, who has a history of entrepreneurial ventures. In April 2023, GiGstreem raised USD 59 mn in venture funding, led by Crestline Investors, with participation from Essex Property Trust, Real Estate Technology Ventures, and UDR, bringing the total amount raised to USD 59 mn.GiGstreem's core offerings highlight a user portal designed to improve connectivity through advanced site functionalities. This platform addresses the demand for efficient digital interactions, particularly in settings that require effective communication and data sharing. While specific product details are limited, the functionality supports various end-use cases, enhancing user engagement and facilitating seamless access to resources. The target clientele includes businesses seeking to optimize their online presence and user experience, with services expected to span sectors such as technology, education, and corporate environments across North America and Europe.GiGstreem's revenue model is structured around subscriptions and service contracts, catering to both B2B and direct-to-consumer segments. Clients engage in recurring payment agreements for consistent access to the portal's features and support services. The subscription pricing structure varies based on included features, with potential tiered plans accommodating different user needs. Partnerships with businesses may further enhance revenue through bundled services or co-branded offerings, contributing to a stable revenue flow from individual consumers and corporate clients.Following its most recent funding round in April 2023, GiGstreem plans to utilize the USD 59 mn to pursue acquisition opportunities, advance its growth, and deploy internet services to markets across the country. The company is focused on expanding into new regions, although specific geographic targets were not disclosed.

## Funding rounds

- Series B, Sep 12, 2019, $10M — LNC Partners, RET Ventures

## Investors

- LNC Partners (https://capitalatlas.ai/funds/lnc-partners) — Series B
- RET Ventures (https://capitalatlas.ai/funds/ret-ventures) — Series B