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COMPANY PROFILE

Connexin

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Provider of broadband, smart-city connectivity and digital skills services bridging real and digital worlds

Hull, United KingdomFounded 2006Telecom
Valuation $500M–1B Last recorded · 2020
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Connexin and the history behind them.

About Connexin

Connexin is a digital infrastructure company focused on building and operating smart city technologies. Founded in Hull in 2006 by Furqan Alamgir and Alex Yeung, the company originated while Alamgir was studying medicine at Imperial College London. His background as a surgical registrar in the NHS fostered a belief in technology's potential to transform public services, particularly healthcare. This perspective shaped the company's mission to bridge the digital and real worlds to improve quality of life.

The firm operates by developing and managing network infrastructure to support the Internet of Things (IoT), enabling smarter, more efficient services for its clients. Its customer base primarily consists of public sector organizations, such as city councils, and utility companies. For these clients, Connexin deploys end-to-end smart solutions for services like water metering, waste management, lighting, and traffic monitoring. Revenue is generated by providing these managed services and by offering high-speed fibre broadband to residential and business customers.

A core offering is the company's CityOS platform, an operating system that integrates data from various IoT sensors and city systems into a single dashboard. This allows municipalities to manage public assets in real-time, leading to operational efficiencies. For example, in Sheffield, the platform is used to monitor highway maintenance, alerting operatives when grit bins need refilling or drains require clearing, thereby reducing unnecessary journeys and associated carbon emissions. In March 2025, CityFibre acquired Connexin's full-fibre network infrastructure, a strategic move that allows Connexin to focus on its IoT and smart services business while expanding its reach across CityFibre's national network.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2006
Headquarters
Hull, United Kingdom
Employees
115
Open positions
None listed
Dealroom signal
63.0/100
Industry
Telecom
Sector
Telecom, VoIP, WiFi, Broadband, Smart Cities, Sustainable Development Goals, B Corp, Telecommunications
Technology
IoT InternetOfThings
Business model
SaaS
Client focus
b2b
Investment activity
3 companies, latest Jul 2023
Capital deployed
—
Preferred round
ACQUISITION

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GROWTH EQUITY VCOther financing Sep 2020 $106M $528M Whitehelm Capital ↗
GROWTH EQUITY VCOther financing Oct 2017 $13M — Digital Alpha Advisors ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Connexin website traffic

Latest recorded traffic for Connexin is 28K monthly website visits, up 21.7% over the last three months. Connexin's team declined 11.5% over the past year.

Latest monthly visits28K 3-month web change+21.7% 1-year team growth-11.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Venture Founders

Series B and later2 investors entered at this stage

  • Digital Alpha Advisors
  • Whitehelm Capital
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇬🇧 United Kingdom95.1%
🇮🇩 Indonesia4.9%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Connexin 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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