About Public Mobile
Public Mobile is a company based in Toronto (Canada) founded in 2008 was acquired by Telus in October 2013.. Public Mobile has raised $48.3 million across 1 funding round from investors including TELUS, CARTESIAN and Thomvest Ventures. Public Mobile offers products and services including 5G Subscription Plans, Public Mobile App, and Public Points Rewards. Public Mobile operates in a competitive market with competitors including MasMovil, Circles.Life, Vodacom, Amaysim and Gigsky, among others.
- Headquarter Toronto, Canada
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Sectors
Telecommunications
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Phone
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Website
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Social
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Products & Services of Public Mobile
Public Mobile offers a comprehensive portfolio of products and services, including 5G Subscription Plans, Public Mobile App, and Public Points Rewards. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Unlimited 5G plans with Canada-wide coverage for consumer use
App for managing subscriptions and accessing rewards features
Rewards system for subscribers to reduce payments and buy add-ons
Funding Insights of Public Mobile
Public Mobile has successfully raised a total of $48.3M through 1 strategic funding round. The most recent funding activity was a Series A round of $48.3 million completed in August 2009. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $48.3M
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First Round
First Round
(28 Aug 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2009 | Amount | Series A - Public Mobile | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Public Mobile
Public Mobile has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include TELUS, CARTESIAN and Thomvest Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are directed toward fintech, cybersecurity, and martech sectors.
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Founded Year | Domain | Location | |
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Integrated telecom and IPTV services are provided to Canadian customers.
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Founded Year | Domain | Location | |
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Provides tailored wealth management and advisory solutions to individual clients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Public Mobile
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Public Mobile
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Public Mobile Comparisons
Competitors of Public Mobile
Public 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, Amaysim and Gigsky, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile internet, calling, and telecommunications services are provided across Spain.
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| domain | founded_year | HQ Location |
Data-focused mobile plans are provided by online MVNO Circles.Life.
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| domain | founded_year | HQ Location |
Mobile telecommunication services are provided by Vodacom in South Africa.
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| domain | founded_year | HQ Location |
Mobile phone services are provided by Amaysim in Australia.
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| domain | founded_year | HQ Location |
Roaming data services for travellers
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| domain | founded_year | HQ Location |
Prepaid cell phones & no contract plans
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Public Mobile
Frequently Asked Questions about Public Mobile
When was Public Mobile founded?
Public Mobile was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Public Mobile located?
Public Mobile is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Public Mobile a funded company?
Public Mobile is a funded company, having raised a total of $48.3M across 1 funding round to date. The company's 1st funding round was a Series A of $48.3M, raised on Aug 28, 2009.
What does Public Mobile do?
Public Mobile provides pre-paid mobile telecommunication (talk, data, and text) services to the customers in Canada. Prior to its acquisition by Telus in 2013, it owned and operated its own CDMA network. Currently, it is working as an MVNO on the Telus LTE network. It was acquired by Thomvest Seed Capital and Cartesian Capital in June13 before being acquired by Telus in Oct13.
Who are the top competitors of Public Mobile?
Public Mobile's top competitors include MasMovil, Circles.Life and Ultra Mobile.
What products or services does Public Mobile offer?
Public Mobile offers 5G Subscription Plans, Public Mobile App, and Public Points Rewards.
Who are Public Mobile's investors?
Public Mobile has 3 investors. Key investors include TELUS, CARTESIAN, and Thomvest Ventures.
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