Just five months ago, Boston-based Starry entered a SPAC agreement with FirstMark Horizon Acquisition Corp. with plans to become a publicly traded enterprise. Starry, now valued at $1.76 billion, announced this week that it officially went public on the New York Stock Exchange under the ticker symbol “STRY.”
“This was a milestone for Starry and the work we are doing to meaningfully improve people’s lives through access to affordable home broadband. I’m deeply proud of our team and the company we have built,” Chet Kanojia, co-founder and CEO of Starry, told Built In via email. “But, this is not the end of the road. I’m excited for this next chapter for the company. We will remain laser-focused on executing on our goals and providing internet service that delights.”
This isn’t Starry’s first major move in 2022 either. On Wednesday, the startup was listed as one of TIME’s Most Influential Companies, and earlier this month, the company landed on Forbes’ list of Best Startup Employers.
Starry currently hosts a staff of 800 employees and is looking to hire for nearly 100 open roles. While there is no end-of-year hiring goal, Kanojia said, “we will continue to grow our network in existing and new markets and that means adding employees as needed.”
Built In last reported on Starry’s $100 million funding round in 2018. The plan then was to continue expanding its wireless internet network, which has now seemingly paid off.
According to the company, Starry’s services are present in 5.3 million households across Boston, New York, Los Angeles, Denver, Washington, D.C. and Columbus, Ohio.
