When was HeroTel founded?

HeroTel was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Where is HeroTel located?

HeroTel is headquartered in Stellenbosch, South Africa.

Who is the current CEO of HeroTel?

Van Zyl Botha of HeroTel. They have also founded 1 company.

How many employees does HeroTel have?

As of Jun 30, 2026, the latest employee count at HeroTel is 1209.

Is HeroTel a funded company?

HeroTel is a funded company, having raised a total of $5.67M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 20, 2017.

When was the latest funding round of HeroTel?

HeroTel's latest funding was a $***** Series B round on Feb 24, 2022, with participation from 1 investor.

Where does HeroTel rank among its competitors?

HeroTel ranks 2nd amongst 105 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was TooMuchWifi, which secured $4.43M in Dec, 2024.

Who are the top competitors of HeroTel?

HeroTel's top competitors include Openserve, SEACOM and TooMuchWifi. Among them, TooMuchWifi secured the most recent funding round in December, 2024.

HeroTel - 2026 Company Profile, Team, Funding & Competitors

HeroTel is an acquired company based in Stellenbosch (South Africa), founded in 2014 by Alan Knott Craig and Van Zyl Botha. It operates as a Wireless internet services provider. HeroTel has raised $5.67M in funding from Vumatel. The company has 105 active competitors, including 2 funded and 15 that have exited. Its top competitors include companies like Openserve, SEACOM and TooMuchWifi.

Company Details

HeroTel provides wireless internet services to the customers in South Africa. Instead of building its own network and starting operations, it is consolidating the fragmented wireless ISP industry by acquiring the players and providing services at a faster pace. It has already acquired 10 WISPs and currently in the process of acquiring two more. It provides services in KwaZulu-Natal, Western Cape, Mpumalanga, North-West Province, Limpopo, and Gauteng.

Website: herotel.com
Social
Email ID: *****@herotel.com

Key Metrics

Founded Year

2014

Location

Stellenbosch, South Africa

Stage

Acquired

Total Funding

$5.67M in 2 rounds

Latest Funding Round

Series B, Feb 24, 2022, $*****

Investors

Vumatel & 1 more

Ranked

2^nd among 105 active competitors

Employee Count

1,209 as on Jun 30, 2026

Investment & Acquisitions

BreedeNet & 11 more

Similar Companies

Sky & 3081 more

Exit Details

Acquired by Vumatel (Mar 11, 2025)

View HeroTel's full profile

HeroTel got acquired by Vumatel on Mar 11, 2025.

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

HeroTel has raised a total funding of $5.67M over 2 rounds. Its first funding round was on Feb 20, 2017. Its latest funding round was a Series B round on Feb 24, 2022 for $*****. 1 investor participated in its latest round. HeroTel has 2 institutional investors.

Here is the list of recent funding rounds of HeroTel:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 24, 2022	2547621	Series B	3707146	5654950	1637635	2667289
Feb 20, 2017	5469371	Series A	7375239	7801497	2171919	Medu Capital

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View details of HeroTel's funding rounds and investors

The founders of HeroTel are Alan Knott Craig and Van Zyl Botha. Van Zyl Botha is the CEO of HeroTel.

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

Alan Knott Craig: Former Co-Founder of HeroTel and founder of 1 other company.
Contact Info: 1 email address
Van Zyl Botha: Co-Founder & CEO of HeroTel.
Contact Info: 1 email address

View details of HeroTel's Founder profiles and Board Members

HeroTel's employee count trend

HeroTel has 1,209 employees as of Jun 26. Here is HeroTel's employee count trend over the years:

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Top competitors of HeroTel include Openserve, SEACOM and TooMuchWifi. Here is the list of Top 10 competitors of HeroTel, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Openserve 2015, Centurion (South Africa), Unfunded	Provider of internet services for home & business	-	-	57/100
2nd	HeroTel 2014, Stellenbosch (South Africa), Acquired	Wireless internet services provider	$5.67M	Medu Capital, Vumatel	57/100
3rd	SEACOM 2007, Cape Town (South Africa), Acquired	Provider of internet services	-	-	50/100
4th	TooMuchWifi 2016, Cape Town (South Africa), Series A	Fixed wireless internet services provider	$5.02M	Mineworkers Investment Company, BlocShop & 7 others	42/100
5th	Ikegami Tsushinki 1946, Tokyo (Japan), Public	Manufacturer of consumer electronic products	-	-	42/100
6th	Mweb 1997, Cape Town (South Africa), Acquired	Fixed-line internet service provider	-	Naspers	39/100
7th	iKeja 2014, Cape Town (South Africa), Series A	Wireless internet services provider	-	Montegray Capital, Hlayisani Capital & 1 others	33/100
8th	HX-Systems 2007, Somerset West (South Africa), Acquired	Wireless internet services provider	-	-	30/100
9th	LCOM 2011, Queenstown (South Africa), Acquired	Wireless and fixed line telecom services provider	-	-	29/100
10th	Sonic Telecoms 2010, Cape Town (South Africa), Acquired	Fixed wireless and fiber-optic internet services provider in South Africa	-	-	28/100

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HeroTel has not made any investments yet. HeroTel has made 12 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 24, 2019	Acquisition	BreedeNet	2005	Worcester (South Africa)
Dec 12, 2018	Acquisition	Ntelecom	2008	Bloemfontein (South Africa)
Oct 22, 2018	Acquisition	VO	1995	Stellenbosch (South Africa)