Digerati Technologies, Inc.

Digerati provides cloud-based SIP trunking and customized VoIP solutions for enterprises. Read more

3 Followers on Owler
3 Followers on Owler
3 Followers on Owler
3 Followers on Owler

Digerati Technologies, Inc.

Digerati provides cloud-based SIP trunking and customized VoIP solutions for enterprises. Read more

Arthur L. Smith's photo - Founder & CEO of Digerati Technologies, Inc.

Founder & CEO

Arthur L. Smith

CEO Approval Rating

86/100

Founded:

1993

Status:

PublicIndependent CompanyOTCMKTSDTGI

DIGERATI TECHNOLOGIES, INC. TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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AVOXI is perceived as one of Digerati Technologies, Inc.'s biggest rivals. AVOXI was founded in 2001, and its headquarters is in Atlanta, Georgia. Like Digerati Technologies, Inc., AVOXI also works within the Telecommunication Services field. AVOXI has 74 more employees than Digerati Technologies, Inc..

SIP.US, LLC is one of Digerati Technologies, Inc.'s top rivals. SIP.US, LLC is a Private company that was founded in 2007 in Alpharetta, Georgia. Like Digerati Technologies, Inc., SIP.US, LLC also competes in the Telecommunication Services sector. Compared to Digerati Technologies, Inc., SIP.US, LLC has 28 more employees.

8x8 is Digerati Technologies, Inc.'s #3 rival. 8x8 is a Public company that was founded in Campbell, California in 1987. 8x8 competes in the Application Software field. 8x8 has 1,653 more employees vs. Digerati Technologies, Inc..

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Digerati Technologies, Inc. Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$8M

Digerati Technologies, Inc.'s revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 145.4M. Over the last four quarters, Digerati Technologies, Inc.'s revenue has grown by 112.4%. Specifically, in Q1 2021's revenue was $3.3M; in Q4 2020, it was $1.6M; in Q3 2020, it was $4.7M; in Q2 2020, Digerati Technologies, Inc.'s revenue was $1.6M.

Digerati Technologies, Inc. Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Nexogy, Inc.

Sep 2019

Source »
undisclosed
Nexogy is a provider of firewall management, broadband and cloud communication solutions for retail, healthcare and IT sectors.
Synergy Telecom, Inc.

Nov 2017

Source »
undisclosed
Synergy is a telecommunication firm that offers high-definition voice, video, SIP trunking and broadband services for businesses.

These are all the companies that Digerati Technologies, Inc. has acquired. Digerati Technologies, Inc. has acquired 2 companies and its latest acquisition was Nexogy, Inc. in Sep 2019. Nexogy is a provider of firewall management, broadband and cloud communication solutions for retail, healthcare and IT sectors.

Digerati Technologies, Inc. Funding History

Since Digerati Technologies, Inc. was founded in 1993, it has participated in 1 round of funding. In total Digerati Technologies, Inc. has raised $840.0K. Digerati Technologies, Inc.'s funding round was on May 2017 for a total of $840.0K

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
May 2017
$840K
-

Since Digerati Technologies, Inc. was founded in 1993, it has participated in 1 round of funding. In total Digerati Technologies, Inc. has raised $840.0K. Digerati Technologies, Inc.'s funding round was on May 2017 for a total of $840.0K

Digerati Technologies, Inc. Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Itellum owns and operates internet and telecommunications firms that offers Wifi and VoIP-based solutions.
-
Jun 17, 2019
Equity
-
Itellum owns and operates internet and telecommunications firms that offers Wifi and VoIP-based solutions.
-
Jan 21, 2019
Equity
-

These are all the companies that Digerati Technologies, Inc. has invested in. Digerati Technologies, Inc. has invested 2 companies and its latest investment was Nexogy, Inc. in Sep 2019. Nexogy is a provider of firewall management, broadband and cloud communication solutions for retail, healthcare and IT sectors.

Digerati Technologies, Inc. News

December 11, 2020ChannelVision Magazine

Digerati Technologies Appoints New Executive

Digerati Technologies has appointed Felipe Lahrssen as EVP of sales and operations. Lahrssen will lea... See more »
November 24, 2020The Business Journals: San Antonio

Digerati subsidiary acquires two Florida-based companies

Digerati says the acquisitions prep the company for listing on bigger stock markets.... See more »
November 3, 2020The Business Journals: San Antonio

Digerati sees slight fiscal year-end growth

Despite still operating in the red, the company has been able to increase its revenue minimize its lo... See more »
October 30, 2020MarketScreener

Digerati Technologies Reports Annual FY2020 and Fourth Quarter Results

(marketscreener.com) - Fourth Quarter Gross Margin Improved to 56% -- Positive Adjusted EBITDA Achiev... See more »

Digerati Technologies, Inc. Press Releases

December 8, 2020GlobalNewswire

Digerati Technologies Outlines Strategic Initiatives for Calendar 2021

-- Seeking Additional Accretive Acquisitions -- -- Planning for Uplist to a National U.S. Exchange --... See more »
November 18, 2020GlobeNewswire

Digerati Technologies Closes Nexogy, Inc. and ActivePBX Acquisitions, more than Doubling Annual Revenue to Greater than $14 Million

- Acquisitions to Contribute $1.5 million in Annual EBITDA Before Synergies -... See more »
November 12, 2020GlobalNewswire

Digerati Technologies Improves Balance Sheet and Reduces Potential Equity Dilution

Paid Off and Eliminated Two Convertible Notes with Variable-Priced Features Paid Off and Eliminated T... See more »
October 1, 2020GlobeNewswire

Digerati Technologies Expects to Report Improved Annual Revenue of $6.2 Million

Positive Adjusted EBITDA Achieved For its 4th Fiscal QuarterPositive Adjusted EBITDA Achieved For its... See more »
September 16, 2020GlobeNewswire

Digerati Technologies Makes Significant Progress on its Planned Acquisitions of Nexogy and 4th Acquisition Target

Company Receives FCC Approval and Completes Quality of Earnings AuditsCompany Receives FCC Approval a... See more »
August 11, 2020Emerging Growth

Digerati Technologies, Inc. (DGTI) Engages Maxim Group LLC to Assist with its Growth Strategy and Goal to Up-List to a National Exchange

Miami, FL - August 11, 2020 (EmergingGrowth.com NewsWire) - EmergingGrowth.com, a leading independent... See more »
June 11, 2020centralcharts

Digerati Strengthens Balance Sheet by $1 Million

- $281,000 Payoff of Related Party Debt - - $740,000 Conversion of Shareholder Debt to Equity - SAN A... See more »

Social Media

Digerati Technologies, Inc. Headquarters

825 W Bitters Road Suite 104

San Antonio, Texas78216

1-210-614-7240

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Digerati Technologies, Inc. Summary

ABOUT

Overview

Digerati provides cloud-based SIP trunking and customized VoIP solutions for enterprises. Digerati Technologies, Inc. was founded in 1993. Digerati Technologies, Inc.'s headquarters is located in San Antonio, Texas, USA 78216. It has raised 840.0K in ...

CEO

Digerati Technologies, Inc.'s Founder & CEO, Arthur L. Smith, currently has an approval rating of 86%. Digerati Technologies, Inc.'s primary competitors are AVOXI, SIP.US, LLC & 8x8.

Website

digerati-inc.com

Frequently Asked Questions about Digerati Technologies, Inc.

  1. When was Digerati Technologies, Inc. founded?

    Digerati Technologies, Inc. was founded in 1993
  2. Who is Digerati Technologies, Inc.'s CEO?

    Digerati Technologies, Inc.'s CEO is Arthur L. Smith
  3. How much revenue does Digerati Technologies, Inc. generate?

    Digerati Technologies, Inc. generates $8M in revenue
  4. How much funding does Digerati Technologies, Inc. have?

    Digerati Technologies, Inc. has historically raised $840K in funding
  5. Where is Digerati Technologies, Inc.'s headquarters?

    Digerati Technologies, Inc.'s headquarters is in San Antonio Texas, USA
  1. How many employees does Digerati Technologies, Inc. have?

    Digerati Technologies, Inc. has 22 employees
  2. What sector does Digerati Technologies, Inc. operate in?

    Digerati Technologies, Inc. is in Telecommunication Services
  3. Who are Digerati Technologies, Inc.'s competitors?

    Digerati Technologies, Inc.'s top competitors are AVOXI, SIP.US, LLC, 8x8
  4. Who has Digerati Technologies, Inc. invested in?

    Digerati Technologies, Inc.'s has invested in companies such as Itellum, Itellum