When was Avatel Telecom founded?

Avatel Telecom was founded in 2011 and raised its 1st funding round 6 years after it was founded.

Where is Avatel Telecom located?

Avatel Telecom is headquartered in Marbella, Spain.

How many employees does Avatel Telecom have?

As of May 31, 2026, the latest employee count at Avatel Telecom is 815.

Is Avatel Telecom a funded company?

Avatel Telecom is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Oct 11, 2017.

When was the latest funding round of Avatel Telecom?

Avatel Telecom's latest funding was a $***** Series B round on Oct 11, 2017, with participation from 1 investor.

Where does Avatel Telecom rank among its competitors?

Avatel Telecom ranks 9th amongst 63 active competitors, only 1 of which is funded. Parlem, which secured $2.56M in Oct, 2025.

Who are the top competitors of Avatel Telecom?

Avatel Telecom's top competitors include Ciena, BT Group and Euskaltel. Among them, Parlem secured the most recent funding round in October, 2025.

Avatel Telecom - 2026 Company Profile, Team, Funding & Competitors

Company Details

Avatel Telecom is a telecom service provider which caters to residential and business customers in Spain. It offers broadband internet access (fiber-optic, wireless) with data speeds up to 1 Gbps, multiple speed based internet plans, local and long distance fixed telephony, multiple cost-effective bundled plans, cellular voice & data, point to point connectivity, installation, maintenance, and support services. It provides these services through its own network infrastructure. It also provides TV services.

Website: avatel.es
Social
Email ID: *****@avatel.es
Phone Number: +34 **********

Key Metrics

Founded Year

2011

Location

Marbella, Spain

Stage

Acquired

Total Funding

$18.9M in 1 round

Latest Funding Round

Series B, Oct 11, 2017, $*****

Investors

Andorra Telecom

Ranked

9^th among 63 active competitors

Employee Count

815 as on May 31, 2026

Similar Companies

Century Link & 3027 more

Exit Details

Acquired by Inveready (Jun 16, 2025)

View Avatel Telecom's full profile

Avatel Telecom got acquired by Inveready on Jun 16, 2025.

Click here to take a look at Avatel Telecom's acquisition in detail

Avatel Telecom has raised a total funding of $18.9M over 1 round. Its latest funding round was a Series B round on Oct 11, 2017 for $*****. 1 investor participated in its latest round. Avatel Telecom has 1 institutional investor.

Here is the list of recent funding rounds of Avatel Telecom:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 11, 2017	1170431	Series B	9343003	6168817	4285155	1834904

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View details of Avatel Telecom's funding rounds and investors

Avatel Telecom's employee count trend

Avatel Telecom has 815 employees as of May 26. Here is Avatel Telecom's employee count trend over the years:

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Top competitors of Avatel Telecom include Ciena, BT Group and Euskaltel. Here is the list of Top 10 competitors of Avatel Telecom, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ciena 1992, Hanover (United States), Public	Provider of networking systems, automation software, components, and related services	-	Worldview Technology Partners, Western Technology Investment ... & 12 others	74/100
2nd	BT Group 1981, London (United Kingdom), Public	Provider of mobile phones and fiber broadband services for home & business	-	Bharti Enterprises, Triodos Investment Management ... & 4 others	70/100
3rd	Euskaltel 1995, Derio (Spain), Acquired	Voice and data communication services provider	-	Investindustrial, Trilantic Europe & 4 others	63/100
4th	Jazztel 1998, Madrid (Spain), Acquired	Broadband Internet Access.	-	Advent International, Banco Sabadell & 4 others	62/100
5th	Adamo 2010, Barcelona (Spain), Acquired	Fixed-line internet and telephone services provider	-	EQT, Hamburg Commercial Bank & 11 others	53/100
6th	Parlem 2014, Barcelona (Spain), Public	Provider of fixed-line mobile telecommunication services to residential and businesses	$1.16M	Inveready, Ona Capital & 3 others	52/100
7th	Lowi 2014, Madrid (Spain), Unfunded	Provider of internet services	-	-	51/100
8th	Finetwork 2019, Madrid (Spain), Acquired	Provider of internet services	-	-	51/100
9th	Avatel Telecom 2011, Marbella (Spain), Acquired	Fiber optic, wireless telecom and TV services provider	$18.9M	Andorra Telecom	50/100
10th	Wave Broadband 2003, Kirkland (United States), Acquired	Fiber Optic Broadband Services	-	Deutsche Bank, RBC Capital Markets & 2 others	50/100