Omni Fiber Funding, Investors & Competitors

Omni Fiber has raised $300M across 2 funding rounds, most recently a $50M undisclosed-stage round in December 2025.

Last Omni Fiber funding round

$50M

Undisclosed stage · Dec 2025

Cumulative funding Omni Fiber raised

$300M

across 2 funding rounds

Key investors in Omni Fiber

  • Oak Hill Capital Partners

Omni Fiber Overview

About Omni Fiber

Omni Fiber is a fiber-optic internet provider serving communities in Colorado and Wyoming with gigabit-speed broadband. The company deploys GPON networks offering up to 2 Gbps download and 1 Gbps upload symmetrical speeds, supported by 99.99% uptime guarantees. Launched in 2021, Omni Fiber covers over 50,000 homes passed in rural areas previously underserved by cable providers, including whole-home Wi-Fi mesh systems and managed business services with dedicated fiber lines.


Founded

2022

HQ

United StatesCincinnati, OH

Status

Privately held

Customer focus

B2C & B2B

Revenue model

Subscription

Omni Fiber Funding History

Omni Fiber has raised a total of $300M across 2 funding rounds.

Omni Fiber's first fundraising round was a $250M undisclosed-stage round in July 2022. The most recent completed round was a $50M undisclosed-stage round in December 2025.

Omni Fiber funding rounds

Omni Fiber funding rounds
DateStageInvestorsRaisedDeal Summary
Dec 2025Undisclosed stageOak Hill Capital Partners (lead)$50MOmni Fiber, founded in 2022 by management and backed by Oak Hill Capital, is a fiber-optic broadband provider offering symmetrical speeds up to 10 Gbps, TV, and phone services to residential and business customers in small and mid-size communities across Ohio, Pennsylvania, Michigan, and Texas. The company has invested over $400 million in building an XGS-PON fiber network, serving about 60 communities, with construction underway in 25 more, and on track to reach approximately 340,000 locations by the end of 2025. In late 2025, Omni Fiber raised $200 million in financing, consisting of $150 million in non-dilutive debt from Stonepeak Credit and Oak Hill Advisors (OHA), following a prior $150 million debt round from Stonepeak in July 2024, plus $50 million in equity from Oak Hill Capital Partners, with a $10 million facility from Republic Bank. This hybrid structure supports continued network expansion in the Midwest and Texas, bringing cumulative funding to around $600 million. Oak Hill Capital has been the anchor investor since inception and was involved in a prior merger with Lit Fiber. Omni Fiber demonstrates strong execution with metrics like 90% on-time builds and 75% take rates in launched markets, earning recognition in Broadband Communities Top 100 for 2025.
Jul 2022Undisclosed stageOak Hill Capital Partners (lead)$250MOmni Fiber is a fiber-to-the-premises (FTTP) broadband provider founded in 2022 by management and backed by Oak Hill Capital Partners, targeting underserved small and mid-sized communities in the Midwest (Ohio, Pennsylvania, Michigan) and later Texas with 100% fiber-optic internet, TV, and phone services offering symmetrical speeds up to 10 Gbps, no data caps, and local support. On July 22, 2022, Oak Hill Capital announced a $250 million commitment from its flagship fund Oak Hill Capital Partners VI to fund initial network construction as the majority investor, marking the company's formation and launch of projects in those states. The team brings over 80 years of combined experience in fiber networks, leveraging Oak Hill's telecom portfolio including MetroNet, Vexus Fiber, and others. Omni Fiber launched service to its first community in December 2022 and has since expanded rapidly, achieving 90% on-time builds and 75% take rates in launched markets. By later stages, it invested over $400 million in an XGS-PON network targeting 340,000 locations by end-2025, serving about 60 communities with construction in 25 more. Oak Hill has continued support through incremental equity, including $50 million in a 2025 $200 million hybrid round alongside $150 million debt from Stonepeak Credit and Oak Hill Advisors, plus a $10 million facility from Republic Bank. Cumulative funding reached around $600 million by 2025 across debt/equity splits, funding expansion to potentially 500,000+ homes by 2027 amid a prior $150 million Stonepeak debt in July 2024. Oak Hill's involvement stems from its $15 billion AUM telecom experience with exits like Calix IPO and Adtran acquisition, positioning Omni Fiber for M&A or IPO paths while addressing rural digital divide, with one analysis noting network asset multiples of 8-12x EBITDA implying post-money over $800 million for the 2022 round though not directly stated.

Who has invested in Omni Fiber?

1 investor has backed Omni Fiber across its funding rounds, including Oak Hill Capital Partners.

Lead investors include Oak Hill Capital Partners.


Omni Fiber Investors

Investors in Omni Fiber by funding rounds participated
InvestorHQRoundsRoleFirst check

This data is available for Pro users. Sign up to see all 1 Omni Fiber investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Acquisitions by Omni Fiber

Omni Fiber has acquired 2 companies to date.

Last acquisition by Omni Fiber was on May 31st 2026. Omni Fiber acquired Citizens Fiber for $117M.


Latest Acquisitions by Omni Fiber

Citizens Fiber
ohio telecom
Description
Citizens Fiber is a provider of cabling infrastructure services for telephone and network systems. The company also offers a cloud-based Hosted Voice phone system.
Ohio Telecom is a communications service provider offering business internet via cable, DSL, and fiber optics alongside PRI and T-1 analog phone lines. Based in Ohio, it delivers consulting for telephony systems, high-speed data connections, and multiple dwelling unit services. The company installs quality telephone systems for enterprises and provides managed services for voice and data networks. Ohio Telecom serves commercial clients with scalable solutions including VoIP and dedicated internet access across urban and rural areas.
HQ CountryUnited StatesUnited States
HQ City
Mt Pleasant, SC
Port Clinton, OH
Deal Date31 May 20261 Dec 2022
Valuation$117Mundisclosed
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all Omni Fiber acquisitions and their M&A valuation multiples.

Start Free Trial

Omni Fiber Competitors

Omni Fiber competitors include listed companies like SpaceX, SoftBank Group, China Mobile and Verizon, and private ones like Reliance Jio and VodafoneThree.

Public and private companies comparable to Omni Fiber
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
SpaceXUnited StatesUnited StatesPublicly listed$19B$3.9B$2.0T-
SoftBank GroupJapanJapanPublicly listed$50B$6.7B$229B7.0x
China MobileChinaChinaPublicly listed$157B$54B$223B1.2x
VerizonUnited StatesUnited StatesPublicly listed$138B$47B$201B2.8x
Reliance JioIndiaMumbaiPrivate$4.7B$2.1B$58B12.5x
VodafoneThreeUnited KingdomNewburyPrivate-$2.5B$12B-

Omni Fiber Public Comps

Omni Fiber is still privately-owned, but its public comps include SpaceX, SoftBank Group, China Mobile, Verizon, T-Mobile US, AT&T, Deutsche Telekom, Bharti Airtel, NTT Group and Comcast.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
SpaceX$19B$3.9B106.0x-503.3x-
SoftBank Group$50B$6.7B7.3x7.0x54.7x9.2x
China Mobile$157B$54B1.2x1.2x3.5x3.8x
Verizon$138B$47B2.8x2.8x8.2x7.4x
T-Mobile US$88B$32B3.3x3.2x9.3x8.1x
AT&T$126B$55B2.7x2.6x6.2x7.1x
Deutsche Telekom$136B$56B2.5x2.5x6.2x6.2x
Bharti Airtel$22B$12B6.2x5.7x11.3x10.1x

This data is available for Pro users. Sign up to see all Omni Fiber competitors and their valuation data.

Start Free Trial

Common questions about Omni Fiber

When was Omni Fiber founded?Omni Fiber was founded in 2022.
Where is Omni Fiber headquartered?Omni Fiber is headquartered in Cincinnati, OH, United States.
Is Omni Fiber publicly listed?No, Omni Fiber is a private, VC-backed company.
How much funding has Omni Fiber raised?Omni Fiber has raised $300M across 2 funding rounds.
What was Omni Fiber's last funding round?Omni Fiber's last funding round was a $50M undisclosed-stage round in December 2025, led by Oak Hill Capital Partners.
Who are Omni Fiber's investors?Omni Fiber's investors include Oak Hill Capital Partners.
Which companies are comparable to Omni Fiber?Companies comparable to Omni Fiber include SpaceX, SoftBank Group, China Mobile, Verizon, Reliance Jio and VodafoneThree.
How many companies has Omni Fiber acquired?Omni Fiber has acquired 2 companies, including Citizens Fiber and ohio telecom.
What was the largest acquisition by Omni Fiber?The $117M acquisition of Citizens Fiber in May 2026 is the largest acquisition Omni Fiber has made to date.

See companies similar to Omni Fiber

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial