X
Xplore
Telecom · Markham, Canada · Founded 2004
Is rural broadband internet provider that allows Canadians in rural areas to have access to the internet MoreLess
Xplornet Communications Inc. is a leading provider of broadband solutions tailored to meet the unique needs of rural Canadian homes and businesses. Operating in the telecommunications market, Xplornet focuses on delivering high-speed internet services to areas often underserved by traditional providers. The company serves a diverse clientele, ranging from small and medium-sized enterprises to residential customers in urban, rural, and remote locations across Canada. Xplornet's business model revolves around offering fixed wireless and satellite internet services, ensuring reliable and continuous connectivity regardless of geographic challenges. Revenue is generated through subscription-based plans, providing customers with various options to suit their internet usage needs. The company is committed to continuous innovation, investing in network infrastructure to enhance speed, coverage, and reliability. Xplornet's mission is to make fast, affordable broadband services accessible to all Canadians, thereby bridging the digital divide and fostering economic growth in rural areas.
Keywords: broadband, rural connectivity, fixed wireless, satellite internet, high-speed internet, telecommunications, network infrastructure, subscription plans, digital divide, Canada.
Company overview
Xplore company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2004
- Headquarters
- Markham, Canada
- Employees
- 1,039
- Open positions
- None listed
- Dealroom signal
- 26.0
- Investment activity
- 5 companies · latest Sep 2021
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Xplore funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBTDebt | Oct 2024 | $367M | — | Canada Infrastructure Bank | ↗ |
| GRANTOther financing | Oct 2024 | $367M | — | Innovation, Science and Economic Development Canada | ↗ |
| GROWTH EQUITY NON VCOther financing | Oct 2024 | $440M | — | Stonepeak Infrastructure Partners | ↗ |
| GRANTOther financing | Feb 2022 | $1.8M | — | Undisclosed | ↗ |
| GRANTOther financing | May 2021 | $3.8M | — | Government of Quebec | — |
| BUYOUTOther financing | Feb 2020 | Stonepeak Infrastructure Partners | — | ||
| EARLY VCOther financing | Dec 2016 | Undisclosed | — | ||
| LATE VCOther financing | Dec 2010 | Undisclosed | — | ||
| EARLY VCOther financing | Dec 2010 | Catalyst Investors | — | ||
| EARLY VCOther financing | Jan 2010 | Undisclosed | — |
Growth signals
Xplore website traffic
Latest recorded traffic for Xplore is 120K monthly website visits, up 50% over the last three months. Xplore's team grew 0.6% over the past year.
Comparisons
Xplore compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
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Capital deployed
Xplore investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Swift High SpeedSteinbach, CanadaRural fixed-wireless and fiber optic internet provider
→
Metro LoopHamilton, CanadaMetro Loop – simply faster. simply better.
→
CCI WirelessCalgary, CanadaProviding innovative and custom connectivity solutions to the under-served and under-connected across Western Canada
→
F6 NetworksFredericton, Canada
→
PC
Platinum CommunicationsMarkham, Canada
→
Talent graph
Xplore's talent
Source: Dealroom Talent Intelligence.
Investors
5 investors on Xplore's cap table
Sourced from Dealroom's funding and investor records.





Global footprint
Where Xplore has talent and traffic
team presence
In the news
Latest news about Xplore
Recent press, funding announcements, and product moves mentioning Xplore — open to read from the original sources.
Market sentiment
What the market is saying about Xplore
An AI-synthesized read of the highest-engagement posts about Xplore on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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