telMAX - About the company
telMAX is a series D company based in Whitchurch-Stouffville (Canada), founded in 2016 by Dean Forester. It operates as a Provider of fiber net services for home. telMAX has raised $215M in funding. The company has 151 active competitors, including 2 funded and 38 that have exited. Its top competitors include companies like Rogers, Ciena and Cogeco.
Key Metrics
Founded Year
2016
Location
Whitchurch-Stouffville, Canada
Stage
Series D
Total Funding
$215M in 2 rounds
Latest Funding Round
Investors
Ranked
14th among 151 active competitors
Employee Count
204 as on Aug 31, 2026
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telMAX's funding and investors
telMAX has raised a total funding of $215M over 2 rounds. Its first funding round was on May 09, 2025. Its latest funding round was a Series D round on Sep 18, 2026 for $*****. 3 investors participated in its latest round. telMAX has 2 institutional investors.
Here is the list of recent funding rounds of telMAX:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 18, 2026 | 2989949 | Series D | 3986585 | 8362886 | 9526961 | 2468276 |
May 09, 2025 | 8312535 | Conventional Debt | 7462568 | 4850136 | 4615619 |
View details of telMAX's funding rounds and investors
telMAX's founders and board of directors
Founder? Claim ProfileThe founders of telMAX is Dean Forester.
Here are the details of telMAX's key team members:
- Dean Forester: CHIEF OPERATING OFFICER | CO-FOUNDER | BOARD MEMBER of telMAX.
View details of telMAX's Founder profiles and Board Members
telMAX's employee count trend
telMAX has 204 employees as of Aug 26. Here is telMAX's employee count trend over the years:
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telMAX's Competitors and alternates
Top competitors of telMAX include Rogers, Ciena and Cogeco. Here is the list of Top 10 competitors of telMAX, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of wifi and fiber optic services | $1M | 72/100 | ||
2nd | Ciena 1992, Hanover (United States), Public | Provider of networking systems, automation software, components, and related services | - | 71/100 | |
3rd | Fiber-optic internet, TV, and fixed-line telephone services provider | - | 68/100 | ||
4th | BT Group 1981, London (United Kingdom), Public | Provider of mobile phones and fiber broadband services for home & business | - | 67/100 | |
5th | General Communication 1979, Anchorage (United States), Public | Alaska's premier mobile, internet, and telecom provider, connecting communities | - | 63/100 | |
6th | Communications and media holding company | - | - | 58/100 | |
7th | Provider of broadband network services | - | - | 56/100 | |
8th | Lanner Electronics 1986, Taipei (Taiwan), Public | Optical and electronics equipment manufacturer | - | - | 54/100 |
9th | High Speed Internet, Digital Phone and Web Hosting Services | - | 53/100 | ||
10th | Optical networking, automation and touch panel solutions | - | 53/100 | ||
14th | Provider of fiber net services for home | $215M | 55/100 |
Looking for more details on telMAX's competitors? Click here to see the top ones
telMAX's Investments and acquisitions
telMAX has made no investments or acquisitions yet.
Reports related to telMAX
Here is the latest report on telMAX's sector:
News related to telMAX
Media has covered telMAX for a total of 5 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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telMAX Secures $215 Million in Growth FinancingCNW•Sep 17, 2026•telMAX, Hamilton Lane, Palistar Capital
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telMAX Partners with Ontario Honda Dealers Indy at Markham for Multi-Year DealPR Newswire•Jun 19, 2026•telMAX
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telMAX Recognized by PCMag as Canada's Fastest ISP for Gaming for Second YearCNW•Jan 27, 2026•telMAX
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Power Sustainable Closes CAD$110m Term Loan Investment in telMAXCNW•May 09, 2025•Power Sustainable Capital, telMAX
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Power Sustainable Closes CAD$110m Term Loan Investment in telMAX
Financial Times•May 09, 2025•telMAX, Power Sustainable Capital, Orrick, Osler and 3 others
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Adtran supplies fibre access kit to Canadian service provider TelmaxTelecompaper•Jul 16, 2024•ADTRAN, telMAX
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