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SurgePays

Bartlett, Tennessee, United States · Capital Markets, Finance, Financial Services · 130 employees

SurgePays, Inc. is a wireless and fintech company focused on delivering mobile connectivity and financial services to underserved communities. As both a mobile virtual network operator (MVNO) and mobile virtual network enabler (MVNE), SurgePays operates its own wireless brand while also providing back-end infrastructure, including provisioning and billing, to other wireless providers. The Company’

Funding history

  • Funding Round — $2.5M — Jan 2026
  • Funding Round — $7.0M — May 2025

Recent signals

  • Jan 22, 2026: Raised $2.5M
  • Jan 22, 2026: SEC 8-K (1.01): On January 20, 2026, SurgePays, Inc. entered into a Material Definitive Agreement through an Underwriting Agreement with R.F. Lafferty & Co., Inc. for an underwritten offering of 2,000,000 shares of common stock at a public price of $1.25 per share, totaling approximately $2.5 million in gross proceeds. The Underwriting Agreement includes a 45-day option for the Underwriter to purchase an additional 300,000 shares to cover any over-allotments. This agreement is significant as it helps the company raise capital for its operational and growth initiatives.
  • Jan 07, 2026: SEC 8-K (5.02): On January 1, 2026, SurgePays, Inc. finalized a Separation Agreement with Anthony Evers, the Chief Financial Officer, which follows the non-renewal notice of his employment contract that was due to expire on December 31, 2025. Under the terms of the Separation Agreement, Mr. Evers will continue to provide consulting services for SurgePays, specifically in relation to the company's financial management and accounting. This strategic move allows the company to retain his expertise while transitioning to new leadership within the finance department. The implications of this agreement may impact financial oversight and operational strategy as SurgePays seeks to navigate upcoming challenges in the fiscal landscape.
  • May 13, 2025: Raised $7.0M
  • Jan 24, 2025: SurgePays Appoints Mark Garner as Executive Vice President
  • Jan 12, 2024: Jeremy Gies Appointed to President of SurgePays, Inc.
  • Jan 09, 2024: Acquired Surgepays Acquires Clearline Mobile

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