# Wing Tel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wing-tel

- Industry: Telecoms
- Headquarters: New York, US
- Website: www.wingalpha.com
- Total disclosed funding: $1M
- Latest round: Seed (Nov 17, 2017)
- Investors on record: 2

## About

Wing Tel Inc. provides affordable and accessible unlimited 5G home internet and mobile phone services, focusing on high-speed connectivity for diverse users in the United States.Wing Tel Inc. was founded in 2017 and is headquartered in New York, US. The company specializes in telecommunications, particularly offering home internet and mobile services. The founders include David Arabov and Jonathon Francis, with David Arabov serving as CEO. Wing Tel has raised a total of USD 3.7 mn, including its latest funding round of USD 3.7 mn on October 15, 2020, backed by Sinai Ventures, Studio VC, and TACK Ventures. The company has completed 4 deals to date.Wing Tel Inc. offers unlimited 5G home internet and mobile phone services, emphasizing high-speed connectivity. Its core product, Unlimited 5G Home Internet, provides speeds up to 100 times faster than traditional 4G LTE. The mobile services include various pricing plans, such as 1 GB, 2 GB, 5 GB, and Unlimited, catering to individual users and families. The company operates across multiple geographic markets in the US, positioning itself as a viable alternative to established carriers like Verizon and AT&T.Wing Tel Inc. generates revenue through subscription-based services for its mobile and internet offerings. Customers can choose from pricing tiers, including the Unlimited Plus plan at USD 25 per month, which includes both 4G LTE and 5G services along with unlimited voice and SMS. The company also earns revenue by selling or leasing smartphones from brands like Apple and Samsung, often with financing options. This direct-to-consumer sales approach enhances customer satisfaction and promotes recurring subscription revenue.Wing Tel Inc. plans to leverage the recent funding of USD 3.7 mn raised in October 2020 to introduce new products and expand its market reach. This funding will support the development of innovative internet and mobile solutions targeting new customers in different geographic regions. The company aims to launch additional service plans and enhance its technological infrastructure to support growth initiatives, further solidifying its position in the telecommunications market.

## Funding rounds

- Seed, Nov 17, 2017 — Studio VC, Sinai Ventures
- Seed, Jan 19, 2017, $1M — Studio VC, Sinai Ventures

## Investors

- Studio VC (https://capitalatlas.ai/funds/studio-vc) — Seed
- Sinai Ventures (https://capitalatlas.ai/funds/sinai-ventures) — Seed