When was Xplore founded?

Xplore was founded in 2004 and raised its 1st funding round 21 years after it was founded.

Where is Xplore located?

Xplore is headquartered in Markham, Canada.

How many employees does Xplore have?

As of Aug 31, 2026, the latest employee count at Xplore is 1065.

Is Xplore a funded company?

Xplore is a funded company, having raised a total of $***** in its 1st and only funding round, a Conventional Debt round on Jun 04, 2025.

When was the latest funding round of Xplore?

Xplore's latest funding was a $***** Conventional Debt round on Jun 04, 2025, with participation from 2 investors. Its primary sector is Telecom Operators. In Canada, the Telecom Operators sector has seen $215M in funding in 2026 to date.

Where does Xplore rank among its competitors?

Xplore ranks 4th amongst 36 active competitors, none of which are funded.

Who are the top competitors of Xplore?

Xplore's top competitors include Rogers, Vecima and Cogeco. Among them, Rogers secured the most recent funding round in June, 2025.

Xplore - 2026 Company Profile, Funding & Competitors

Company Details

Provider of high-speed internet solutions for rural communities in Canada, utilizing fibre, fixed wireless, and satellite broadband technologies to bridge the digital divide.

Key Metrics

Founded Year

2004

Location

Markham, Canada

Stage

Funding Raised

Latest Funding Round

Conventional Debt, Jun 04, 2025, $*****

Investors

Stonepeak & 1 more

Ranked

4^th among 36 active competitors

Employee Count

1,065 as on Aug 31, 2026

Similar Companies

ACT & 1932 more

View Xplore's full profile

Xplore has raised funding over 1 round. Its latest funding round was a Conventional Debt round on Jun 04, 2025 for $*****. 2 investors participated in its latest round. Xplore has 2 institutional investors.

Here is the list of recent funding rounds of Xplore:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 04, 2025	3499161	Conventional Debt	3212198	9971187	2138981	5120039

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View details of Xplore's funding rounds and investors

Xplore's employee count trend

Xplore has 1,065 employees as of Aug 26. Here is Xplore's employee count trend over the years:

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Top competitors of Xplore include Rogers, Vecima and Cogeco. Here is the list of Top 10 competitors of Xplore, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Rogers 1935, Toronto (Canada), Public	Provider of wifi and fiber optic services	$1M	Blackstone, Social Capital & 7 others	72/100
2nd	Vecima 1988, Victoria (Canada), Public	Provider of broadband network services	-	-	56/100
3rd	Cogeco 1995, Montreal (Canada), Public	Provider of internet services	-	-	51/100
4th	Xplore 2004, Markham (Canada), Funding Raised	Provider of high-speed internet services to rural communities in Canada, offering fibre, fixed wireless, and satellite broadband solutions.	-	Stonepeak, Canada Infrastructure Bank	28/100
5th	ROCK Networks 2001, Ottawa (Canada), Acquired	End-to-end communications systems integrator offering a variety of wireless and broadband solutions	-	-	27/100
6th	Nortel-canada 1895, Ottawa (Canada), Deadpooled	Limited information available	-	-	23/100
7th	Nova Communications 1982, Dartmouth (Canada), Acquired	Provider of wireless voice and data communications products services	-	-	22/100
8th	Nexicom 2014, Canada, Unfunded	Provider of telecommunication services including internet, telephone, television, and security systems	-	-	21/100
9th	Mage Networks 2017, Calgary (Canada), Unfunded	Provider of internet services for residential and business	-	-	21/100
10th	Broadband Communications North 2002, Winnipeg (Canada), Unfunded	Provider of broadband services	-	-	21/100