Gigabit IQ Seeks £270,000 in Crowdfunding to Expand UK Full-Fibre Reach
Gigabit IQ, a UK-based internet service provider (ISP), has launched a crowdfunding campaign to raise £270,000 for its expansion efforts, according to a report from ISPreview. The campaign values the company at £5 million pre-money and offers investors 5.12% equity in return. As of now, £243,650 has been committed by 40 investors.
Targeting Growth with Community-Based Funding
The crowdfunding campaign enables Gigabit IQ to scale its operations and expand its services, which pair full-fibre broadband with safety-focused device-protection tools such as FamilyGuard+ and CyberGuard+. With wholesale partnerships with networks like Full Fibre and F&W Networks, the ISP currently has an addressable market of 1.5 million homes across the UK. This community-focused funding method aligns with the company’s broader strategy, first outlined during their funding announcement in October 2025, where they initially sought to raise £500,000.
Full-Fibre Expansion in a Competitive Market
Gigabit IQ’s focus on full-fibre connectivity comes as the UK broadband market experiences a surge in investment from providers eager to deliver gigabit-capable infrastructure. With nationwide initiatives aiming to achieve universal gigabit-capable broadband by 2030, ISPs are racing to cement their competitive positioning. However, smaller players like Gigabit IQ face increasing pressure from established operators such as Openreach and Virgin Media O2, which dominate the sector. The ISP’s inclusion of cybersecurity tools alongside broadband aims to differentiate them in this highly competitive space.
What’s Next for Investors and the Broadband Sector?
Securing the final tranche of £270,000 funding will allow Gigabit IQ to accelerate customer acquisitions and build on its footprint, potentially increasing its attractiveness to future institutional investors. Observers note that the ISP’s community-driven approach could resonate with consumers seeking a personalised broadband solution. However, capital-intensive network rollouts remain a hurdle for small providers. Whether Gigabit IQ’s unique bundling strategy will provide a sustainable advantage in a crowded market remains to be seen.
The move raises broader questions about the viability of crowdfunded ISPs as competition intensifies in the UK telecoms sector. Could smaller, innovative providers carve out a meaningful share against market leaders? Share your thoughts below.
