Linkem Revenue, Valuation, Funding & Investors

Linkem is valued at $805M as of January 2017, a 9.6x revenue multiple. Linkem revenue was $84M, as disclosed with its latest round.

Last Linkem valuation

$805M

Undisclosed stage · Jan 2017

Last Linkem funding round

$108M

Undisclosed stage · Jan 2017

Linkem revenue

$84M

Undisclosed stage · Jan 2017

Key investors in Linkem

Linkem Overview

About Linkem

Linkem is a Rome-headquartered fixed wireless broadband provider in Italy using LTE technology on 3.5 GHz spectrum. The company maintains offices in Florence and Milan plus call centers in Bari and Taranto. It delivers ultrafast internet as an alternative to fiber connections across urban and rural areas.


Founded

2001

HQ

ItalyRome

Status

Privately held

Customer focus

B2C

Revenue model

Subscription

Revenue

$84M (Jan 2017)

Valuation

$805M (Jan 2017)

Linkem Valuation

Linkem is currently valued at $805M, based on its undisclosed-stage round in January 2017. Read the announcement ↗

The $108M round was led by BlackRock.

Linkem valuation by funding round

Linkem valuation by funding round
DateStageValuationRevenue Multiple
Jan 2017Undisclosed stage$805M9.6x

Linkem Revenue

Linkem's latest recorded revenue is $84M, as of its undisclosed-stage round in January 2017. At a $805M valuation, that implies a 9.6x revenue multiple.

Linkem revenue by funding round

Linkem revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Jan 2017$84M$805M9.6xUndisclosed stage

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Linkem Funding History

Linkem has raised a total of $108M across 1 funding round.

Linkem funding rounds

Linkem funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2017Undisclosed stageBlackRock (lead)$108M$805MLinkem is Italy's leading provider of fixed wireless broadband services using LTE technology and 3.5 GHz spectrum, offering ultrabroadband internet at lower cost and faster deployment than fiber. Headquartered in Rome with offices in Florence and Milan, plus call centers in Bari and Taranto, it employed over 700 people at the time. In January 2017, Linkem announced a €100 million equity capital increase, with €50 million from BlackRock-managed funds and €50 million from existing investors including Leucadia National Corporation and Cowen Group. The company was valued at about €700 million, bringing total equity capital invested to over €500 million. At the time of the round, Linkem had over 400,000 subscribers, more than 2,000 cell sites covering over 60% of the Italian population, and services in 18 of the 20 top metropolitan areas including Rome, Florence, Palermo, Bari, Turin, and Naples. The funding aimed to accelerate network expansion to cover 80% of Italian households and serve millions of subscribers. A Jefferies report later referenced a post-money valuation of €800 million related to the January 2017 round, though contemporary sources cite €700 million. This investment represented one of the largest recent foreign direct investments in Italy, validating Linkem's model of simple, affordable high-speed internet access nationwide. CEO Davide Rota highlighted the equity as sufficient for near-term goals.

Who has invested in Linkem?

1 investor has backed Linkem across its funding rounds, including BlackRock.

Lead investors include BlackRock.


Linkem Investors

Investors in Linkem by funding rounds participated
InvestorHQRoundsRoleFirst check

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Acquisitions by Linkem

Linkem has acquired 1 company to date.

Last acquisition by Linkem was on January 1st 2022. Linkem acquired Aetherna for undisclosed valuation.


Latest Acquisitions by Linkem

Aetherna
Description
Aetherna is a Milan-based telecommunications provider offering fiber optic broadband and VoIP services. It delivers internet connections up to 1 Gbps in Lombardy urban areas, targeting residential and small business customers with bundled phone and data packages.
HQ CountryItaly
HQ City
Lecco
Deal Date1 Jan 2022
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Investments by Linkem

Linkem has invested in 2 companies to date.

Latest investment by Linkem was on June 26th 2020. Linkem invested in Wiseair in their $200K Pre-seed round.


Latest Investments by Linkem

Wiseair
2hire
Description
Wiseair is a Milan-based developer of portable air quality sensors that measure PM2.5, NO2, and VOC levels for municipalities, businesses, and consumers in Europe. Its Wise-nose devices connect via Bluetooth to apps providing pollution maps and health alerts, deployed in cities like Rome and Barcelona since 2018. The company partners with IoT platforms for urban monitoring networks.
2hire is a Tel Aviv-based API platform that standardizes connectivity to vehicle telematics from providers like Geotab, Samsara, and Verizon Connect. It enables fleet managers, insurers, and service providers to access real-time data on location, diagnostics, and remote commands across 500 vehicle models without custom integrations. Launched in 2020, 2hire supports electric and connected car ecosystems in Europe and North America.
HQ CountryItalyItaly
HQ City
Milan
-
Deal Date26 Jun 20204 Feb 2020
RoundPre-seedSeries A
Raised$200K$6M
Investors-LVenture Group; Boost Heroes; P101; CDP Venture Capital
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Linkem Competitors

Linkem competitors include listed companies like Shenzhen Topway Video, Chief Telecom, RailTel Corporation and Tata Teleservices, and private ones like Telenor (IoT unit) and Clearwave Fiber.

Public and private companies comparable to Linkem
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Telenor (IoT unit)SwedenSwedenPrivate$140M$45M$810M5.8x
Shenzhen Topway VideoChinaChinaPublicly listed$194M$7M$811M-
Chief TelecomTaiwanTaiwanPublicly listed$120M$58M$789M6.7x
RailTel CorporationIndiaIndiaPublicly listed$454M$67M$822M1.3x
Tata TeleservicesIndiaIndiaPublicly listed$122M$66M$825M-
Clearwave FiberUnited StatesUnited StatesPrivate--$759M-
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Shenzhen Topway Video$194M$7M4.0x-116.9x-
Chief Telecom$120M$58M7.1x6.7x14.7x14.3x
RailTel Corporation$454M$67M1.5x1.3x10.0x9.2x
Tata Teleservices$122M$66M23.9x-44.2x-
LINK Mobility Group$758M$68M1.3x1.1x14.3x8.7x
Makedonski Telekom$229M$100M3.2x-7.3x-
Pakistan Telecommunication$908M$268M2.3x-7.9x-
Etihad GO Telecom$511M$90M1.2x-6.7x-

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Common questions about Linkem

When was Linkem founded?Linkem was founded in 2001.
Where is Linkem headquartered?Linkem is headquartered in Rome, Italy.
Is Linkem publicly listed?No, Linkem is a private, VC-backed company.
What is Linkem's valuation?Linkem was last valued at $805M in its undisclosed-stage round in January 2017.
How much funding has Linkem raised?Linkem has raised $108M across 1 funding round.
What was Linkem's last funding round?Linkem's last funding round was a $108M undisclosed-stage round in January 2017, led by BlackRock.
Who are Linkem's investors?Linkem's investors include BlackRock.
What is Linkem's revenue?Linkem's latest recorded revenue is $84M (January 2017).
What is Linkem's revenue multiple?Linkem's latest valuation implies a 9.6x revenue multiple ($805M valuation on $84M of revenue).
Which companies are comparable to Linkem?Companies comparable to Linkem include Telenor (IoT unit), Shenzhen Topway Video, Chief Telecom, RailTel Corporation, Tata Teleservices and Clearwave Fiber.
How many companies has Linkem acquired?Linkem has acquired 1 company, including Aetherna.
How many companies has Linkem invested in?Linkem has invested in 2 companies, including Wiseair and 2hire.
What was Linkem's last investment?In June 2020, Linkem invested in Wiseair's $200K pre-seed round.

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