FundedIQ
Education

Vero Fiber Networks: Funding, Investors & Team (Sep 2026)

Vero Fiber Networks is a company that specializes in optic networks and offers vital bandwidth infrastructure to schools and libraries. They connect various locations within a district using fiber optic cables to provide dependable, flexible, and secure internet connectivity. This allows educational institutions to easily implement digital educational tools and resources at an affordable cost. Vero collaborates with like-minded technologists sharing the same goal of enhancing the k-12 education experience in the United States, fostering a stronger community. Additionally, Vero generously donates a portion of their profits to schools that require equipment, software, and tools to strengthen and enhance their educational system.

www.veronetworks.com LinkedIn Boulder, United States 51-100 employees
Education Information Technology Internet Network Hardware B2B
Total raised
$207M
Rounds
3
Latest
Undisclosed round
Sep 2024

Vero Fiber Networks has raised $207M across 3 funding rounds on record, the most recent an undisclosed round of $80.0M announced in Sep 2024.

That round is above the $1.5M median round size for Education companies tracked on FundedIQ over the last two years.

Vero Fiber Networks Company Profile and Key Stats

Total funding raised
$207M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Undisclosed round
$80.0M in Sep 2024
Employees
51-100
reported band
Headquarters
Boulder, United States

Latest funding round on record: Sep 2024.

Vero Fiber Networks Funding Rounds

Date
Round
Amount
Undisclosed round
$80.0M
Undisclosed round
$115M
Undisclosed round
$12.0M

Vero Fiber Networks raised $12.0M in an undisclosed round announced in Dec 2020.

2.8 years later, an undisclosed round of $115M was announced in Oct 2023.

11 months later, an undisclosed round of $80.0M was announced in Sep 2024.

Vero Fiber Networks Founders and Leadership Team

Name
Role
Contact
Greg Friedman
Founder
Locked
Matt Erickson
CEO
Locked

Contact details for the Vero Fiber Networks team: 2 of 2 have an email address on file.

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Vero Fiber Networks Funding Compared to Other Education Startups

Segment
Companies
Median round
1,474
$1.5M
29,722
$7.5M

Vero Fiber Networks' latest round of $80.0M is above the median round in Education. Medians cover the last 24 months of disclosed rounds.

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Vero Fiber Networks Funding FAQs

What does Vero Fiber Networks do?

Vero Fiber Networks is a company that specializes in optic networks and offers vital bandwidth infrastructure to schools and libraries. They connect various locations within a district using fiber optic cables to provide dependable, flexible, and secure internet connectivity. This allows educational institutions to easily implement digital educational tools and resources at an affordable cost. Vero collaborates with like-minded technologists sharing the same goal of enhancing the k-12 education experience in the United States, fostering a stronger community. Additionally, Vero generously donates a portion of their profits to schools that require equipment, software, and tools to strengthen and enhance their educational system.

How much funding has Vero Fiber Networks raised?

Vero Fiber Networks has raised $207M across 3 rounds on record. The most recent is an undisclosed round of $80.0M announced in Sep 2024.

When did Vero Fiber Networks last raise funding?

Vero Fiber Networks' most recent funding round on record is an undisclosed round of $80.0M, announced in Sep 2024.

Who founded Vero Fiber Networks?

FundedIQ lists Greg Friedman (Founder) at Vero Fiber Networks.

Who is the CEO of Vero Fiber Networks?

Matt Erickson is listed as CEO at Vero Fiber Networks.

Where is Vero Fiber Networks headquartered?

Vero Fiber Networks is based in Boulder, Colorado, United States.

How many employees does Vero Fiber Networks have?

Vero Fiber Networks is in the 51-100 employee band.

How does Vero Fiber Networks' funding compare to other Education startups?

Vero Fiber Networks' latest round of $80.0M is above the $1.5M median round size for Education companies on FundedIQ across 1,474 tracked companies over the last two years.

About FundedIQ's Vero Fiber Networks Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Vero Fiber Networks is left off this page rather than filled in.

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