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Roamless raised $5M in a Seed round led by Shorooq Partners to enhance travel connectivity and international growth.

Jun 13, 2024•over 1 year ago

Amount Raised

$5 Million

Round Type

seed

WilmingtonInternet

Investors

Deba VenturesFinbergParibu VenturesRevo CapitalShorooq Partners

Description

Telecoms startup Roamless, known for its eSIM technology and pay-as-you-go model, has raised a $5M Seed round to bolster its international growth. The round was led by Shorooq Partners, a leading investment firm in the Middle East and North Africa, and is the firm's first venture in Türkiye. Roamless, known for its eSIM technology and pay-as-you-go model, is focused on enhancing travel connectivity.

Company Information

Company

Roamless

Location

Wilmington, Delaware, United States

About

Roamless is a telecoms startup known for its eSIM technology and pay-as-you-go model that focuses on enhancing travel connectivity. Since its public beta launch in 2023, it has gained nearly 100,000 users by offering uninterrupted internet and international calling in 150 countries with greater flexibility and accessibility.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers