Fundz

Brightspeed secures $110.7M in BEAD grants to expand fiber internet in four states.

PRIVATESep 08, 2025

Amount Raised

$111 Million

Round Type

Funding Round

CharlotteHardwareInternetTelecommunications

Description

Brightspeed has successfully secured $110.7 million in BEAD grants aimed at expanding its fiber internet services across four states. This funding will help improve broadband access in underserved areas. The grants will be utilized to enhance infrastructure and ensure high-speed connectivity. This initiative is part of Brightspeed's commitment to providing affordable internet access.

Quick answer

Brightspeed raised $111 Million in a Funding Round round, dated September 8, 2025. Brightspeed is based in Charlotte, North Carolina, United States.

How much did Brightspeed raise?
Brightspeed raised $111 Million in a Funding Round round on September 8, 2025.
What does Brightspeed do?
Brightspeed is a new internet provider dedicated to expanding connectivity across America.
Where is Brightspeed based and how big is it?
Brightspeed is based in Charlotte, North Carolina, United States. Fundz records about 2,068 employees.
Who are the decision-makers at Brightspeed?
Fundz holds 3 contacts at Brightspeed. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware and Internet around the same time

Companies in the same sectors as Brightspeed that raised within 45 days of this round, from Fundz verified event records.

  • Atlas Tower Kenya raised $27M (Funding Round) on October 3, 2025.
  • Nxgsat raised $1.3M (Seed) on October 21, 2025.
  • Alyrica Networks raised $4.3M (Seed) on October 20, 2025.
  • Wytec International raised $94K on October 15, 2025.
  • Mawingu raised $20M (Series C) on October 1, 2025.
  • DNA X, Inc. raised an undisclosed amount (Funding Round) on September 16, 2025.

Who to call at Brightspeed, and when

A new round usually means Brightspeed is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Brightspeed raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Brightspeed, from your own LinkedIn network

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Company Information

Company

Brightspeed

Location

Charlotte, North Carolina, United States

About

Brightspeed is a new internet provider dedicated to expanding connectivity across America. We believe your home’s location should never limit your options, which is why we’re building the infrastructure to deliver fast, reliable internet to millions of households. Whether you’re streaming, gaming, or working, Brightspeed ensures an uninterrupted online experience wherever you are.

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Related People

3 contacts
Predictive Intelligence
Strategic

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Brightspeed raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.