# Starry

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

- Industry: Internet
- Headquarters: Boston, US
- Website: www.starry.com
- Total disclosed funding: $130M
- Latest round: Series C (Dec 8, 2017)
- Investors on record: 6

## About

Based in the US, Starry, Inc. is a wireless internet service provider focused on delivering high-speed connectivity solutions to residential and business clients across urban areas.Founded in 2014 and headquartered in Boston, US, Starry, Inc. specializes in providing wireless internet services. The company has undergone a significant strategic shift and, on February 20, 2023, announced the discontinuation of its operations. The founders of Starry include Chaitanya Kanojia, Daniel Bulli, Jenna Paley, Juliana Ng, and Stephen Murray, while Richard Singleton serves as CEO. Starry has raised a total of USD 100.00 mn, including a recent MERGER round led by FirstMark Capital, with participation from ArrowMark Partners, Atreides Management, Fidelity Investments, and Tiger Global Management.Starry Internet offers high-speed internet services aimed at both residential and business customers. Their flagship product features a 300 Mbps plan for USD 45 per month, which includes a complimentary Wi-Fi router and a price lock for one year. This service is designed to provide fast and reliable internet access essential for activities like streaming, gaming, and remote work, particularly in urban areas throughout the United States. The technology utilized by Starry aims to improve user experience and ensures consistent service delivery.Starry operates on a subscription-based revenue model with a fixed monthly fee for its internet services. Customers engage in predictable billing cycles, which establish consistent cash flow. The 300 Mbps internet plan caters to both residential users and small businesses, differentiating Starry from larger competitors by emphasizing its service ratings and customer satisfaction.In February 2023, Starry, Inc. discontinued its operations, thus halting any plans for product launches or market expansions. Consequently, the recent funding round will not be allocated toward future initiatives, as the company has ceased its operational activities.

## Funding rounds

- Series C, Dec 8, 2017, $100M — KKR, Soros Fund Management, Tiger Global Management, FirstMark Capital, IAC Inc., HVLP Investors, LTD
- Series B, Dec 16, 2016, $30M — KKR, Soros Fund Management, Tiger Global Management, FirstMark Capital, IAC Inc.

## Investors

- KKR (https://capitalatlas.ai/funds/kkr) — Series B, Series C
- Soros Fund Management — Series B, Series C
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B, Series C
- FirstMark Capital (https://capitalatlas.ai/funds/firstmark-capital) — Series B, Series C
- IAC Inc. — Series B, Series C
- HVLP Investors, LTD — Series C