Fundraising Fox

Flume Internet

New York, US · Founded 2020 · Delaware corporation · 26 employees on LinkedIn · 6 known investors

Flume Internet is a US fiber ISP that lights unused dark fiber to deliver gigabit and multi-gigabit service to homes and buildings.

Also known as Flume · Flume Internet

Founders & leadership

Flume Internet was founded in 2020 by Prashanth Vijay.

PV
Prashanth VijayFounder
PV
Prashanth VijayanandanNamed on SEC filing

Board

BG
Brandon GibsonBoard director

Investors · 6

Also in the syndicate · 2

Hyperplane.vcleadThe Fund NY

Reported raises · per SEC filings

Form D private placements

$8.4M disclosed across 3 of 4 rounds · 2021–2024

$3.5MraisedDec 2024 · 2 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Prashanth VijayExecutive Officer, Director
  • Brandon GibsonDirector
Offering amount
$6M
Amount sold
$3.5M
First sale
Nov 2024
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1MraisedJan 2023 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Prashanth VijayExecutive Officer, Director
  • Brandon GibsonDirector
Offering amount
$12.5M
Amount sold
$1M
First sale
Dec 2022
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.9MraisedJul 2021 · 24 investors · Telecommunications
Rule 506(b)
Officers, directors & promoters on the filing
  • Brandon GibsonDirector
  • Prashanth VijayanandanExecutive Officer, Director
Offering amount
$4.3M
Amount sold
$3.9M
First sale
Jun 2021
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Flume Internet is an internet service provider that delivers fiber-to-the-home broadband by activating existing but unused ("dark") fiber capacity in cities rather than building new networks end to end. The company states that the infrastructure for gigabit service often already exists underground or on poles, and that most cities have 10-15 unused fibers for every residential building; it works with municipalities, wholesale providers and asset owners to light that capacity. Flume argues fiber-to-the-home penetration in the US is low, citing figures of roughly 8-9% of homes with a true fiber option.

The company sells to three segments: residential subscribers, multifamily property owners and managers, and enterprise customers. Advertised residential plans include 500 Mb/s at $30 per month, 1 Gb/s at $50 per month and 2 Gb/s at $65 per month, all with unlimited data, free modem and router, and free installation; enterprise tiers are 2 Gb/s at $800 per month and 10 Gb/s at $1,500 per month with an enterprise Wi-Fi system, telemetry monitoring, SLA commitments and Slack integration. Connections are symmetrical. Support is provided by phone, text, chat and email, alongside an online FAQ and account portal for billing and plan upgrades.

Flume also pursues digital-equity work in subsidized and affordable housing. Its anchor customer in New York was the New York City Housing Authority, with homes connected through the federal Affordable Connectivity Program, and in December 2024 New York State named Flume the first recipient of awards under its Affordable Housing Connectivity Program, part of the state's ConnectALL initiative.

Business model

Flume operates as a facilities-based ISP using an asset-light model: instead of constructing full networks, it leases or acquires access to unused fiber from municipalities, wholesale providers and infrastructure owners and adds its own compact edge data center equipment, allowing thousands of gigabit subscribers to be served from a single rack. It states an aim to control the packet path from the consumer to the data center rather than buying or reselling last-mile traffic, and markets to property owners on the basis of increased net operating income without management burden. Public grant funding supports build-out in affordable housing, where Flume says it can install fiber service at no cost to New York property owners.

Recurring monthly subscription fees for internet service, priced by speed tier for residential subscribers ($30 for 500 Mb/s, $50 for 1 Gb/s, $65 for 2 Gb/s) and enterprise customers ($800 for 2 Gb/s, $1,500 for 10 Gb/s), with unlimited data and no equipment or installation charges. In subsidized programs, discounted tiers ($10/month for 100/20 Mbps, $15/month for 200/200 Mbps, $30/month for gigabit) are supported by state grant funding, with rates locked through 2034.

Traction

Flume launched in 2020 and reports growth to 23 markets nationwide, with published availability counts including 87,000+ units and 62,120 units in its largest listed markets and additional markets slated for 2026 and 2027. In May 2022 the company said service was available in thousands of homes with a plan to reach more than 20,000 homes by the end of that year. In December 2024 it was awarded more than $13.1 million across three New York State grants covering 178 properties, 780 buildings and 14,167 units, with service to be available to all households by the end of 2026.

Latest developments

In December 2024, New York Governor Kathy Hochul announced the first awards under the state's Affordable Housing Connectivity Program, all to Flume Internet: $4,573,875 for 88 properties in the Bronx and New York counties, $3,930,473 for 51 properties in the Rochester metro area, and $4,678,197 for 39 properties in the Buffalo metro area, totaling more than $13.1 million to reach 14,167 lower-income households at $10, $15 and $30 monthly rates locked through 2034. Flume will construct or acquire roughly 39 miles of fiber across the three markets and use fixed wireless to extend service to buildings, with completion by the end of 2026. The company's own campaign page describes $16 million in New York State grant funding and offers no-cost installation to New York multifamily property owners.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Flume positions itself as a lower-cost, higher-speed alternative to incumbent cable and 5G fixed-wireless home internet, targeting the large share of US residences without a fiber-to-the-home option. It has stated an ambition to become the largest fiber ISP in the US that controls the packet path from consumer to data center, and frames its role as accelerating fiber deployment in a carrier-neutral manner, including in neighborhoods historically deprioritized by telcos.

Rather than building new outside plant, Flume activates existing unused fiber strands, which it says reduces cost and shortens deployment timelines while retaining full-fiber performance up to 10 Gb/s. Its single-rack edge data center design supports thousands of gigabit subscribers per site, and it retains control of the network path from subscriber to data center instead of reselling last-mile access. Consumer positioning emphasizes symmetrical speeds, unlimited data, no hidden fees and included equipment and installation.

Technology

Flume builds optical edge technology, described as a compact edge data center capable of serving thousands of gigabit subscribers from a single rack of data center space. It maps and activates unused dark fiber strands in cities to deliver symmetrical fiber-to-the-home service at speeds up to 10 Gb/s, and uses fixed wireless to extend the network to buildings where needed. Enterprise service includes telemetry monitoring and managed Wi-Fi systems.

Go-to-market

Direct online sign-up and availability checks for residential subscribers, paired with a property-focused channel selling building-wide deployments to multifamily owners and managers, and an enterprise offering. Flume partners with municipalities, wholesale fiber providers and infrastructure asset owners to enter markets, and pursues government grant programs and housing-authority relationships to reach affordable-housing residents. It also invites prospective subscribers to refer their own communities in exchange for a reward, and partners with local nonprofits on digital literacy programming.

Residential broadband subscribers across building types, from public and affordable housing to market-rate apartments and penthouses; owners and managers of multifamily properties; and enterprise customers needing multi-gigabit connectivity with SLAs. Public-sector and housing-authority partners, including the New York City Housing Authority, are also served.

Geography

US nationwide expansion across 23 markets, with a Norfolk, Virginia address listed on its site and dedicated location pages for Simi Valley and Placentia, California. New York State operations span New York City (Bronx and New York counties), the Rochester metro area (Monroe and Ontario counties) and the Buffalo metro area (Erie County).

History

Flume launched in 2020. By 2022 it had built its edge data center technology and established the New York City Housing Authority as its anchor customer, connecting homes through the federal Affordable Connectivity Program, and disclosed a $3.5 million round raised in late 2021. It subsequently expanded to 23 markets and, in December 2024, was named the first recipient of grants under New York State's Affordable Housing Connectivity Program, with construction across New York City, Rochester and Buffalo scheduled for completion by the end of 2026.

Risks & controversies

Delivery of the New York State grant projects depends on property owners approving installations even though all have opted into the program, and all grant funds must be spent by the end of 2026. The model also depends on continued access to third-party dark fiber and on partnerships with municipalities, wholesale providers and asset owners.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Buildings covered by NYS grantsDec 2024780 buildings
Enterprise plan price (10 Gb/s)Jan 2025$1.5K
Enterprise plan price (2 Gb/s)Jan 2025$800
Fiber miles to be constructed or acquired under NYS grantsDec 202439 miles
Households to be served under NYS grantsDec 202414,167 households
Markets availableJan 202523 markets
Maximum advertised speedJan 202510 Gb/s
Residential plan price (1 Gb/s)Jan 2025$50
Residential plan price (2 Gb/s)Jan 2025$65
Residential plan price (500 Mb/s)Jan 2025$30
US homes with a true fiber-to-the-home option (company estimate)May 20229%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 3

by search overlap

Companies competing with Flume Internet for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 3

launches, deals, and filings
Dec 2024
First-time entry into Buffalo and Rochester markets

Under the New York State grants, Flume will expand its service footprint in New York City and bring service for the first time to the Buffalo and Rochester areas, constructing or acquiring an estimated 39 miles of fiber and using fixed wireless to reach buildings.

source ↗

Dec 2024
Awarded more than $13.1 million in New York State Affordable Housing Connectivity Program grants

New York Governor Kathy Hochul announced the first Affordable Housing Connectivity Program awards, all to Flume Internet: $4,573,875 (New York City region, 88 properties), $3,930,473 (Finger Lakes/Rochester, 51 properties) and $4,678,197 (Western New York/Buffalo, 39 properties), to serve an anticipated 14,167 lower-income households with $10, $15 and $30 monthly plans locked through 2034; construction to be complete by the end of 2026.

$13.2M source ↗

May 2022
New York City Housing Authority named anchor customer

Flume's anchor customer in New York is NYCHA, with hundreds of homes connected via the federal Affordable Connectivity Program.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Flume InternetDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Flume Internet do?
Flume Internet is a US fiber ISP that lights unused dark fiber to deliver gigabit and multi-gigabit service to homes and buildings.
Who founded Flume Internet?
Flume Internet was founded by Prashanth Vijay in 2020.
Who are Flume Internet's investors?
Flume Internet's investors include Everywhere Ventures, Amplo, Hyperplane Venture Capital, The Fund.
How much funding has Flume Internet raised?
Flume Internet has disclosed $8.4M raised across 3 of its 4 known rounds.
Where is Flume Internet headquartered?
Flume Internet is headquartered in New York, US.