About OVO Mobile
OVO Mobile is a company based in Sydney (Australia) founded in 2013 was acquired by Amaysim in June 2020. OVO Mobile has raised $5 million across 1 funding round from investors including SouthernCrossAustereo and Amaysim. OVO Mobile has completed 1 acquisition, including Incoming Media. OVO Mobile operates in a competitive market with competitors including MasMovil, Circles.Life, Vodacom, Boost Worldwide and Amaysim, among others.
- Headquarter Sydney, Australia
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Sectors
Telecommunications
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Series A
Jan 17, 2018
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Investors
SouthernCrossAustereo
& 1 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Amaysim
(Jun 03, 2020)
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Funding Insights of OVO Mobile
OVO Mobile has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in January 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in OVO Mobile
OVO Mobile has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include SouthernCrossAustereo and Amaysim.
| Investor | Description | Founded Year | Domain | Location |
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Australian media conglomerate focused on radio, television, and digital operations.
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Mobile phone services are provided by Amaysim in Australia.
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Investor details for OVO Mobile
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by OVO Mobile
OVO Mobile has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Incoming Media.
Investment portfolio details for OVO Mobile
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- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Personalized video messages are delivered through mobile engagement platform.
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Complete acquisition details for OVO Mobile
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - OVO Mobile
Detailed financials for OVO Mobile
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Ovo Mobile Comparisons
Peer comparison for OVO Mobile
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Competitors of OVO Mobile
OVO Mobile operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MasMovil, Circles.Life, Vodacom, Boost Worldwide and Amaysim, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Mobile internet, calling, and telecommunications services are provided across Spain.
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Data-focused mobile plans are provided by online MVNO Circles.Life.
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Mobile telecommunication services are provided by Vodacom in South Africa.
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Prepaid cell phones & no contract plans
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Mobile phone services are provided by Amaysim in Australia.
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Roaming data services for travellers
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Detailed competitors of OVO Mobile
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Verified entity values are shown only after access is granted.
Latest news on Ovo Mobile
Complete news archive for OVO Mobile
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Frequently Asked Questions about OVO Mobile
OVO Mobile was founded in 2013 and raised its 1st funding round 5 years after it was founded.
OVO Mobile is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
OVO Mobile is a funded company, having raised a total of $5M across 1 funding round to date.
OVO Mobile was founded in 2013 in Sydney, Australia, as a mobile virtual network operator (MVNO) in the telecom sector. Operations are powered by the Optimus mobile network, with prepaid SIM cards providing voice calls, unlimited SMS, and data allowances. Additional provisions are made for entertainment consumption and OVO-specific content through the OYOPlay app. Partnerships with content providers support services targeted at sports and entertainment enthusiasts.
OVO Mobile's top competitors include MasMovil, Circles.Life and Ultra Mobile.
OVO Mobile has made 1 acquisition, including Incoming Media.
OVO Mobile has 2 investors. Key investors include SouthernCrossAustereo, and Amaysim.