When was Brightspeed founded?

Brightspeed was founded in 2008 and raised its 1st funding round 15 years after it was founded.

Where is Brightspeed located?

Brightspeed is headquartered in Charlotte, United States.

How many employees does Brightspeed have?

As of Mar 31, 2026, the latest employee count at Brightspeed is 2237.

Is Brightspeed a funded company?

Brightspeed is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on May 02, 2023.

When was the latest funding round of Brightspeed?

Brightspeed's latest funding was a $***** PE round on May 02, 2023, with participation from 2 investors.

Where does Brightspeed rank among its competitors?

Brightspeed ranks 151st amongst 3611 active competitors, of which 51 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was AT&T, which secured $42.3M in Feb, 2024.

Who are the top competitors of Brightspeed?

Brightspeed's top competitors include T-Mobile, MTN and Verizon. Among them, AT&T secured the most recent funding round in February, 2024.

Brightspeed - 2026 Company Profile, Team, Funding & Competitors

Brightspeed is a late stage company based in Charlotte (United States), founded in 2008 by Robert Mudge. It operates as a Provider of internet, telephone, and television services for residential & business sectors. Brightspeed has raised $500M in funding. The company has 3611 active competitors, including 51 funded and 567 that have exited. Its top competitors include companies like T-Mobile, MTN and Verizon.

Key Metrics

Founded Year

2008

Location

Charlotte, United States

Stage

Late Stage

Total Funding

$500M in 1 round

Latest Funding Round

PE, May 02, 2023, $*****

Investors

Mubadala & 1 more

Ranked

151^st among 3611 active competitors

Employee Count

2,237 as on Mar 31, 2026

Investment & Acquisitions

Embarq & 2 more

Similar Companies

T-Mobile & 4080 more

View Brightspeed's full profile

Brightspeed has raised a total funding of $500M over 1 round. Its latest funding round was a PE round on May 02, 2023 for $*****. 2 investors participated in its latest round. Brightspeed has 2 institutional investors.

Here is the list of recent funding rounds of Brightspeed:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 02, 2023	2907544	PE	8590064	7059440	8248001	5693441

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View details of Brightspeed's funding rounds and investors

The founders of Brightspeed is Robert Mudge.

Here are the details of Brightspeed's key team members:

Robert Mudge: Co-Founder of Brightspeed.

View details of Brightspeed's Founder profiles and Board Members

Brightspeed's employee count trend

Brightspeed has 2,237 employees as of Mar 26. Here is Brightspeed's employee count trend over the years:

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Top competitors of Brightspeed include T-Mobile, MTN and Verizon. Here is the list of Top 10 competitors of Brightspeed, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	T-Mobile 1994, Bellevue (United States), Acquired	Provider of mobile telecommunication services	-	Alcor Fund, Credit Agricole CIB & 16 others	84/100
2nd	MTN 1994, Fairland (South Africa), Public	Provider of mobile network services	$7.05M	KCB Group, Ecobank & 38 others	81/100
3rd	Verizon 1983, New York City (United States), Public	Provider of mobile and internet services for home & business	-	The Kessler Group, Berkshire Hathaway & 16 others	81/100
4th	Optus 1981, North Ryde (Australia), Acquired	Provider of mobile internet services for home and offices	$19.7M	Australian Wildlife Conservancy, Temasek	80/100
5th	Telia Company 1853, Solna (Sweden), Acquired	Provider of integrated telecom and TV services	-	Norvestia, Europa	80/100
6th	AT&T 1876, Dallas (United States), Public	Provider of mobile internet, TV, and other services	-	Elliott Management, Appaloosa Management ... & 12 others	78/100
7th	Proximus Group 1994, Brussels (Belgium), Public	Provider of telephony, internet, television and network-based ICT services	-	Expon Capital & 3 others	77/100
8th	SK Telecom 1984, Seoul (South Korea), Public	Provider of integrated telecommunication services	-	Deutsche Bank, Bank of America & 4 others	77/100
9th	Telecom Italia 1994, Rome (Italy), Public	Integrated telecom service provider	-	Elliott Management, CDP Equity & 3 others	77/100
10th	Deutsche Telekom 1995, Bonn (Germany), Public	Provider of telecommunication services	-	World Capital Holdings Group, Triodos Investment Management ... & 1 others	77/100
151st	Brightspeed 2008, Charlotte (United States), Late Stage	Provider of internet, telephone, and television services for residential & business sectors	$500M	Mubadala, Apollo Global Management	58/100

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Brightspeed has acquired 3 companies including Embarq, Embarq and Embarq. Brightspeed has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 16, 2022	Acquisition	Embarq	2006	Monroe (United States)
Jul 01, 2009	Acquisition	Embarq	2006	Monroe (United States)
Jan 29, 2009	Acquisition	Embarq	2006	Monroe (United States)