X
Xplore
Is rural broadband internet provider that allows Canadians in rural areas to have access to the internet
About Xplore
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.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2004
- Headquarters
- Markham, Canada
- Employees
- 1,039
- Open positions
- None listed
- Dealroom signal
- 26.0/100
- Industry
- Telecom
- Sector
- Telecom, Accounting, Hosting, Invoicing, Outside Tech
- Client focus
- b2c
- Investment activity
- 5 companies, latest Sep 2021
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
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 signals
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.
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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
→
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Government of Quebec
Innovation, Science and Economic Development Canada
Series A1 investor entered at this stage
Catalyst Investors
Series B and later2 investors entered at this stage
Stonepeak Infrastructure Partners
Canada Infrastructure Bank
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Xplore on X, ranked by likes and reposts, corporate channels excluded.
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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