When was EOLO founded?

EOLO was founded in 1999 and raised its 1st funding round 19 years after it was founded.

Where is EOLO located?

EOLO is headquartered in Busto Arsizio, Italy.

Who is the current CEO of EOLO?

Luca Spada of EOLO. They have also founded 1 company.

How many employees does EOLO have?

As of Jul 31, 2026, the latest employee count at EOLO is 915.

Is EOLO a funded company?

EOLO is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Jan 11, 2018.

When was the latest funding round of EOLO?

EOLO's latest funding was a $***** PE round on Jan 11, 2018, with participation from 1 investor.

Where does EOLO rank among its competitors?

EOLO ranks 3rd amongst 100 active competitors, none of which are funded.

Who are the top competitors of EOLO?

EOLO's top competitors include Linkem, iliad and Ikegami Tsushinki. Among them, Go Internet Internet veloce secured the most recent funding round in September, 2019.

EOLO - 2026 Company Profile, Team, Funding & Competitors

EOLO is an acquired company based in Busto Arsizio (Italy), founded in 1999 by Luca Spada. It operates as a Fixed Wireless broadband internet services provider. EOLO has raised an undisclosed amount in funding. The company has 100 active competitors, including 7 that have exited. Its top competitors include companies like Linkem, iliad and Ikegami Tsushinki.

Company Details

EOLO (formerly known as NGI) provides fixed wireless broadband internet services to the residential as well as business customers in Italy. As of July'17, it provides services to 5,100 municipalities in 13 Italian regions and has 200,000 active users and 300 employees. It offers multiple packages to the customers based on the internet speed. It s shareholders are founder Luca Spada (55%) and Elmec Group (45%).

Website: www.eolo.it/
Social
Phone Number: +39 **********

Key Metrics

Founded Year

1999

Location

Busto Arsizio, Italy

Stage

Acquired

Latest Funding Round

PE, Jan 11, 2018, $*****

Investors

Intesa Sanpaolo & 7 more

Ranked

3^rd among 100 active competitors

Employee Count

915 as on Jul 31, 2026

Similar Companies

Sky & 3090 more

Exit Details

Acquired by Partners Group (Jul 17, 2021)

View EOLO's full profile

EOLO got acquired by Partners Group on Jul 17, 2021.

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

EOLO has raised funding over 1 round. Its latest funding round was a PE round on Jan 11, 2018 for $*****. 1 investor participated in its latest round. EOLO has 8 institutional investors.

Here is the list of recent funding rounds of EOLO:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 11, 2018	6365807	PE	2508177	2257573	7206562	1686402

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View details of EOLO's funding rounds and investors

The founders of EOLO is Luca Spada.

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

Luca Spada: Founder, President and CEO of EOLO and founder of 1 other company.

View details of EOLO's Founder profiles and Board Members

EOLO's employee count trend

EOLO has 915 employees as of Jul 26. Here is EOLO's employee count trend over the years:

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Top competitors of EOLO include Linkem, iliad and Ikegami Tsushinki. Here is the list of Top 10 competitors of EOLO, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Linkem 2001, Rome (Italy), Late Stage	Fixed wireless internet services provider	$106M	Cowen, LeFrak & 10 others	55/100
2nd	iliad 2016, Milan (Italy), Unfunded	Provider of mobile telephony services and fixed broadband internet access	-	-	54/100
3rd	EOLO 1999, Busto Arsizio (Italy), Acquired	Fixed Wireless broadband internet services provider	-	Intesa Sanpaolo, MPS Capital Services & 6 others	50/100
4th	Ikegami Tsushinki 1946, Tokyo (Japan), Public	Manufacturer of consumer electronic products	-	-	42/100
5th	Go Internet Internet veloce 2011, Gubbio (Italy), Public	Wireless and fiber-optic telecom services provider	-	-	36/100
6th	WIRTEK 2008, Matelica (Italy), Unfunded	Wireless telecom services provider	-	-	34/100
7th	Persidera 2014, Rome (Italy), Acquired	Offers broadcasting ad networking services for the TV publishers	-	-	33/100
8th	EXESTUDIOS 2011, Barletta (Italy), Unfunded	Provider of internet services	-	-	29/100
9th	OpNet 2022, Roma (Italy), Acquired	Provider of wireless and fibre optic broadband internet services	-	-	28/100
10th	Fidoka 2005, Ripe San Ginesio (Italy), Unfunded	Wireless internet and VoIP telephone services provider	-	-	28/100