Community Phone

Community Phone

Landline-to-wireless phone service provider

About Community Phone

Simplify's Rating
Why Community Phone is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

Consumer Goods

Company Size

51-200

Company Stage

Seed

Total Funding

$243.2K

Headquarters

Boston, Massachusetts

Founded

2018

Overview

Community Phone provides landline phone services that integrate traditional landline technology with modern wireless capabilities. This allows users to keep their existing landline numbers while benefiting from the flexibility and cost savings of wireless communication. Their service is particularly useful for small businesses, such as yoga studios, that require efficient handling of incoming calls. Customers can easily convert their landline services to wireless, which helps them save money on their phone bills. Community Phone operates on a subscription model, where users pay a monthly fee for their services, which include unique features not commonly found in the market. The company aims to offer affordable and flexible communication solutions, making it an appealing choice for both individual consumers and small businesses.

YC Company
Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion into California taps into a market with limited broadband infrastructure.
  • Growing demand for non-internet communication solutions boosts their market potential.
  • Potential partnerships with senior living communities offer new revenue streams.

What critics are saying

  • Increased competition from major telecom providers transitioning to fiber optic services.
  • Decline in traditional landline usage could shrink their customer base.
  • Expansion may strain resources, affecting service quality and customer satisfaction.

What makes Community Phone unique

  • Community Phone offers landline service without internet, ensuring reliability during outages.
  • Their service bridges traditional landlines with modern wireless technology, offering unique flexibility.
  • They provide features like call forwarding and voicemail to inbox, enhancing user control.

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Funding

Total Funding

$243.2k

Below

Industry Average

Funded Over

1 Rounds

Notable Investors:
Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Below Average

Industry standards

$3.3M
$150k
Community Phone
$1.5M
Slack
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

0%

2 year growth

0%
Business Wire
Feb 1st, 2023
Community Phone Expands Into California To Ease Elimination Of Traditional Landline Service With Comprehensive Wireless Landline Telephone Service

BOSTON--(BUSINESS WIRE)--Community Phone, a leader in transforming the communications industry by offering an easy and affordable solution to traditional wired landline service, is excited to announce its expansion into the state of California.The move provides residents and businesses in the Golden State with an affordable and convenient option for keeping their landlines in advance of FCC 19-72, which removed the requirement that telecom service providers offer “analog voice-grade copper loops” on an unbundled basis at regulated rates.“California’s largest telephone providers, ATT, Verizon, Cox Optimum and many others have made it clear they are replacing their copper wire infrastructure with internet based fiber optic cables, and leaving old fashioned landlines in the dust,” said Community Phone CEO James Graham, “This migration can be disruptive in the worst possible way for seniors, businesses and many homeowners who rely landline phone service.”While this shift saves money for providers, it is difficult for consumers to find a provider continuing to offer all the features one needs. That's where Community Phone comes in.Graham added, “After decades of tightly regulating phone companies to keep telephony rates reasonable and reliable, the FCC no longer sees any reason to require carriers to continue offering copper-wire service. As landline usage declines, rates are going up, which is why we created a phone service that allows people and businesses that require landlines to get ahead of the curve.”While much of California is now making calls through cell phones and internet providers, it is important to realize that the landline is still a lifeline for many, particularly seniors. Seniors aren't alone in this battle. 5.5% of California’s residents don't have adequate broadband infrastructure and 59.2% live in areas that have only one internet provider, limiting their internet-based landline options. Without a landline, they have no easy way to connect to family, friends, doctors, and care providers

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