# TowerCom Enterprises

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/towercom-enterprises

- Industry: Telecoms
- Headquarters: Neptune Beach, US
- Website: www.towercomenterprises.com
- Total disclosed funding: $7.3M
- Latest round: Seed (Jun 1, 1999)
- Investors on record: 1

## About

TowerCom Enterprises focuses on developing and leasing cell tower infrastructure, delivering tailored solutions to wireless providers to enhance connectivity and capacity in high-demand areas.Founded in 1994 in Neptune Beach, US, TowerCom Enterprises specializes in cell tower infrastructure and leasing services. The company has successfully completed 2 deals, with its most recent funding round being a Seed round on May 12, 2020, where it raised USD 7.30 mn from Lovett Miller & Co. TowerCom has no known subsidiaries or recent pivots in its business strategy.TowerCom specializes in the development and leasing of cell tower infrastructure, providing tailored solutions to meet the growing demands of wireless providers. Their primary offerings include build-to-suit projects, strategic site development, and tower leasing and acquisitions. These services assist clients in efficiently deploying new sites to enhance wireless coverage and capacity, particularly in high-traffic urban areas. The company operates across multiple geographical markets, including major metropolitan centers where demand for improved wireless service is high, thereby positioning itself as a key player in the telecommunications infrastructure sector.TowerCom generates revenue primarily through long-term leasing agreements and build-to-suit contracts with its clients, which include wireless carriers seeking to enhance their service coverage. The typical transaction structure involves clients engaging TowerCom to develop specific sites that meet their operational requirements, often involving upfront costs associated with site preparation and tower construction. The services offered are designed to streamline the deployment process, ensuring that carriers can bring their services "on air, on time." This approach fosters ongoing revenue through lease agreements, which are characterized by fair lease terms and swift processing times. The financial framework is supported by a focus on co-location opportunities that allow multiple carriers to utilize the same infrastructure, optimizing resource usage and maximizing revenue potential for both TowerCom and its clients.Following the recent Seed funding round in May 2020, TowerCom Enterprises plans to utilize the raised capital to enhance its service offerings and expand into new geographical markets. The company is targeting major metropolitan areas within the US for expansion, aiming to introduce new products and services designed to meet the evolving needs of wireless providers. Specific release dates for upcoming products have not been disclosed, but the company is focused on improving its infrastructure capabilities to support faster deployment for its clients.

## Funding rounds

- Seed, Jun 1, 1999, $7.3M — Lovett Miller & Co

## Investors

- Lovett Miller & Co (https://capitalatlas.ai/funds/lovett-miller-co) — Seed