We invest in the infrastructure of tomorrow.
Retrospx is a multi-sector investment platform. We deploy capital and operating expertise across ecommerce, telecom, data centers, and tower infrastructure — the digital and physical systems on which the next economy will run.
We invest at the intersection of connectivity, compute, and commerce.
The businesses that win the next decade will sit on top of infrastructure that is currently being built, financed, or consolidated. Retrospx invests across that full stack — from the towers and data centers that carry traffic and compute, to the telecom ecosystems that monetize connectivity, to the ecommerce brands that convert it into revenue.
We are not a passive allocator. We acquire, scale, and operate. Every dollar we deploy is paired with the operational muscle to compound it.
Sources: Shopify/Oberlo ecommerce forecast · Fortune Business Insights & Mordor Intelligence MVNO data · Goldman Sachs 2024 DC power report · industry tower-economics disclosures.
Four verticals. One integrated thesis.
Ecommerce
Acquiring and scaling digital-native brands. Ads, logistics, conversion, international expansion, backend optimization, and exits. Underserved niches where operator discipline compounds.
Telecom
MVNO investments, niche cellular brands, carrier relationships, SIM and eSIM ecosystems, IoT connectivity, and wholesale monetization layers. The market big carriers can't profitably serve.
Data Centers
Capital deployment into power, land, and build-out for AI-driven compute demand. Hyperscale-adjacent and distributed edge. Where grid capacity meets GPU roadmaps.
Towers
Acquiring and developing tower assets with long-duration carrier leases. Colocation economics, ground-up builds, and portfolio aggregation. Long-term yield infrastructure.
IoT & Digital Bridges
The connective tissue between our verticals — IoT connectivity platforms, smart-asset monitoring, and the data bridges that let telecom infrastructure and compute infrastructure operate as one system.
Read moreFour converging tailwinds. One moment to deploy.
AI compute is rewriting the capital stack
Hyperscaler capex surpassed $600B per year in 2025 and power demand for data centers is projected to more than double by 2030. The infrastructure to support AI doesn't exist yet — it has to be built, financed, and operated.
Telecom is fragmenting — in our favor
eSIM adoption, wholesale liberalization, and IoT SIM demand have split the telecom market into hundreds of addressable niches. Big carriers can't profitably serve them. MVNOs and niche operators can — and the market is growing past $100B annually.
Ecommerce is consolidating at the mid-market
Global ecommerce will cross $6.88T in 2026. Meanwhile, thousands of 8-figure brands are operator-starved and undercapitalized. That spread is the opportunity — acquire, professionalize, scale, exit.
Capital is a commodity. Operating expertise is not.
Anyone can wire money. What's scarce is the ability to navigate permitting across fifty jurisdictions, rebuild a conversion funnel, negotiate a wholesale MVNO agreement, or stand up a tower site ahead of a carrier rollout. Retrospx invests where our operating backbone gives us an unfair advantage.
We hold. We compound. We exit when the multiple is right.
Memos from the field.
Scaling an 8-figure DTC brand — the operator's playbook
What we look for in acquisition targets, and the five levers we pull post-close.
Why the MVNO market is quietly becoming institutional
eSIM, IoT, and network virtualization have opened a $100B+ niche market. We're investing accordingly.
AI compute is a power problem, not a chip problem
Why we're investing in land, substations, and grid-adjacent DC capacity ahead of the demand curve.
Operating or selling a company in our verticals?
We invest in founders and operators who've built real businesses and want a capital partner that actually understands the ground game. Ecommerce, telecom, towers, or data center — if it fits our thesis, we move fast.
Fred A.
Ecommerce operator with multiple 8-figure exits. Real estate and vertical development. Telecom ecosystems — MVNOs, network operator partnerships, international call center operations. Data center and tower development. Leads capital allocation and ecosystem strategy across Retrospx.
Frank R.
Expert in licensing, permitting, and regulatory navigation across jurisdictions. Infrastructure enablement and cross-jurisdiction execution. Ecommerce development background. Leads the execution backbone that turns Retrospx investments into scaled, regulated, operating businesses.
Build the companies we invest in.
Retrospx is hiring engineers, operators, architects, and infrastructure specialists who want ownership of what they build. If you've outgrown the agency model or the startup lottery, come deploy.
View open roles