Last deal

$76.17M
Local Amount - GBP 100M

Amount

Venture - Series Unknown

Stage

04.01.2022

Date

2

all rounds

$133.29M

Total amount

date founded

Financing round

General

About Company
Innovative fibre optic infrastructure and telecoms company.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2014

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

TrueSpeed is a fibre optic infrastructure and telecoms company that provides multi-gigabit capable symmetrical speed through a full-fiber network.
Contacts

location

Contact Email

Phone number

Social url

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Financials

Funding Rounds
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2

Number of Funding Rounds

$133.29M

Money Raised

Their latest funding was raised on 04.01.2022. Their latest investor Aviva Investors. Their latest round Venture - Series Unknown

Date 
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Investors 
Money Raised 
Lead 
04.01.2022
1
$76.17M
Local Amount - GBP 100M
11.07.2017
1
$57.12M
Local Amount - GBP 75M
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Sean McLachlan

Mr. Sean McLachlan serves as Senior Investment Director of Sustainable Infrastructure at Octopus Investments. He serves as a Board Member at ITS Technology Group. He served as Senior Director of infrastructure at Aviva Investors Global Services. He served as a Board Member at County Broadband. He served as a Board Member at True Speed Communications. Before joining Aviva Investors, he was an Investment Director at Balfour Beatty Investments leading the development and investments in energy, utility, and transportation assets. Before this, he worked at RBC Capital Markets advising on corporate and project finance transactions across the oil and gas, energy, and utility sectors. He holds a Bachelor of Commerce degree in Finance and Economics from the University of Calgary. He is also a CFA® charter holder.

current job

ITS Technology Group
ITS Technology Group

People

Founders
1
Evan Wienburg
Evan Wienburg

Evan Wienburg

Evan Wienburg is a co-founder of CEO of TrueSpeed, a full fibre infrastructure and broadband provider based in the South West. In July 2017, Evan secured a £75million investment from Aviva to deploy TrueSpeed’s network across the South West. Providing a futureproof broadband solution for homes and businesses, Evan’s vision delivers guaranteed speed, full fibre broadband to every property TrueSpeed connects whilst keeping a community focused ethos at the forefront of everything it does. Designing and implementing multinational technological initiatives for over a decade, Evan has been responsible for running multinational IT programs throughout his career and leading teams through difficult and demanding projects. Evan is also a Fellow of the Chartered Management Institute (FCMI), and a Member of the City and Guilds Institute.

current job

TrueSpeed Communications
TrueSpeed Communications

organization founded

1

Evan Wienburg

Employee Profiles
4

Sean McLachlan

Non Executive Director

Patrick Mulcahy

Patrick Mulcahy

CFO

Josef Karthauser

Josef Karthauser

CTO

Evan Wienburg

Evan Wienburg

CEO

Activity

Recent News
0