Diligence memo · auto-generated · as of July 3, 2026
GTT Communications, Inc.
GTT Communications, Inc. has raised $593M over 11 rounds; too few niche peers to rank its valuation yet.
Businessfiled
GTT Communications, Inc. operates in Telecommunications, based in MCLEAN. Simply and securely connect people and agents to data and applications – anywhere in the world
Sub-sector tags: ai/ml.
Capital & rounds (filed)filed
GTT Communications, Inc. has raised $593M in disclosed capital across 11 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $425M on 2018-05-31.
Most recent recorded round closed around 2018-12-19.
Valuation (modeled)modeled
Provath models GTT Communications, Inc. at approximately $86M (range $32M–$154M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 7 months.
Last raise 7.5 yr ago; this sector typically re-raises about every 10 months.
Silent for over 3× the sector's normal cadence.
The last round was 102.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 99% of Telecommunications peers (929 compared).
Modeled value ranks above 70% of those peers.
Closest niche peers: LB Spectrum Holdings, LLC, SCRS Holding Corp, Lts Group Holdings Llc.
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.