
Snip Internet
Fiber internet provider for multi-dwelling residential units.
Date | Investors | Amount | Round |
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N/A | €0.0 | round | |
investor investor investor | €0.0 | round | |
* | N/A | Acquisition | |
Total Funding | 000k |
Snip Internet is a fiber internet service provider (ISP) that specializes in delivering high-speed connectivity to residential multi-dwelling units (MDUs) such as apartment buildings and condos. Founded in 2016 by Brett Lindsey, the company was established to offer an alternative to traditional cable providers, focusing on fiber-optic internet without bundled services.
The company's primary offering is symmetrical internet speeds of up to 1 gigabit per second (Gbps), ensuring equal upload and download performance. This service is designed for apartment residents and is delivered with a focus on local customer support. Snip Internet's business model targets both individual residents and building owners, providing the infrastructure for high-speed internet within their properties. The company generates revenue through subscription fees from its customers for internet services.
Historically, Snip Internet began its operations in Cleveland, Ohio, and expanded into other Midwest markets including Detroit, Milwaukee, and Columbus. A significant milestone occurred in July 2020 when the company acquired the residential assets of Rocket Fiber from Everstream, which expanded its presence in the Detroit market. In July 2023, Snip Internet was acquired by Zentro, another MDU-focused ISP. This acquisition created the largest independent ISP in the Midwest focused on multi-dwelling units, serving a combined 1,200 buildings and 61,000 subscribers across several major cities.
Keywords: fiber internet, ISP, multi-dwelling unit, MDU, residential internet, gigabit internet, symmetrical speed, apartment internet, fiber optic, property technology, building connectivity, Midwest ISP, high-speed internet, internet service provider, residential broadband, condo internet, local ISP