Funding round
Tillman Infrastructure Growth
Reported as "Growth Equity"
Tillman Infrastructure, which works in telecommunications infrastructure development in New York, raised $1.00B in a Growth round announced on 25 Apr 2024. 9 firms took part.
$1.00B
Amount raised
of which $500M debt
Not disclosed
Post-money valuation
9
Investors
no lead named
Valuation
What this round says about the price
Tillman Infrastructure did not disclose a valuation in this round. It is Tillman Infrastructure's first venture round on record, 8 years after it was founded in 2016. No later venture round is on record for Tillman Infrastructure.
Tillman Infrastructure's funding rounds
This is the only venture round on record for Tillman Infrastructure.
- Growth this round 25 Apr 2024 $1.00B
Investors
Who put money in
9 firms took part; no lead investor was named.
Investors
- backs 9 venture-backed companies new investor
- Apollo backs 41 venture-backed companies new investor
- backs 3 venture-backed companies new investor
- JPMorgan Chase Bank, N.A. new investor
- Crédit Agricole Corporate and Investment Bank new investor
- Banco Santander new investor
- CoBank ACB new investor
- MUFG Bank, Ltd. new investor
- Sumitomo Mitsui Banking Corporation new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations and working capital.
- Scaling operations
- Working capital
Comparable rounds
How it compares
8 Growth rounds in Telecommunications within a year either side disclosed an amount; the median was $60M, and this round was 17 times the median. The closest in time, other companies' Growth rounds in Telecommunications:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Telecommunications | 10 Apr 2024 | $200M | not disclosed | National Investment and Infrastructure Fund |
| Telecommunications | 13 Feb 2024 | $37M | not disclosed | Intel Capital and Innovation Endeavors |
| euNetworks Telecommunications | 27 Aug 2024 | $2.34B | not disclosed | Stonepeak and Mercer |
| Telecommunications | 14 Nov 2023 | $25M | not disclosed | not named |
| Telecommunications | 27 Feb 2025 | $30M | not disclosed | NGP Capital |
| Telecommunications | 27 Mar 2025 | $60M | not disclosed | Post Road Group |
| Telecommunications | 31 May 2023 | $60M | not disclosed | Nexxus Iberia and Headway Capital |
| Telecommunications | 29 Apr 2025 | $60M | not disclosed | SoftBank |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Tillman Infrastructure raise in its Growth round?
Tillman Infrastructure raised $1.00B in its Growth round, announced in Apr 2024.
Which investors took part in Tillman Infrastructure's Growth round?
HPS Investment Partners, Apollo, Oak Hill Advisors, JPMorgan Chase Bank, N.A., Crédit Agricole Corporate and Investment Bank and Banco Santander and 3 more.
What was Tillman Infrastructure's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Telecommunications?
8 Growth rounds in Telecommunications within a year either side disclosed an amount; the median was $60M, and this round was 17 times the median.