About Salt Mobile
Salt Mobile is a company based in Renens (Switzerland) founded in 1999 was acquired by NJJ Holding in December 2014.. Salt Mobile has raised $2 million across 3 funding rounds from investors including Goldman Sachs, BNP Paribas and NJJ Holding. Salt Mobile offers products and services including Swiss Max, Salt Home, and Europe Data. Salt Mobile operates in a competitive market with competitors including Jio, MTN, Airtel, Optus and Telecom Italia, among others.
- Headquarter Renens, Switzerland
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Sectors
Telecommunications
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 3 rounds
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Latest Funding Round
$162.76 M (USD), Debt – Conventional
Mar 05, 2024
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Investors
Goldman Sachs
& 2 more
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Employee Count
Employee Count
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Acquired by
NJJ Holding
(Dec 18, 2014)
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Products & Services of Salt Mobile
Salt Mobile offers a comprehensive portfolio of products and services, including Swiss Max, Salt Home, and Europe Data. 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.
Mobile plan with unlimited internet and calls in Switzerland.
Bundle offering high-speed internet and TV channels with telephony.
Data subscription for unlimited internet in Europe zones.
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Software Development Team
24 people
Sales and Marketing
9 people
Leadership Team
6 people
Senior Team
5 people
Manager Team
5 people
Human Resources and Administration
5 people
Product Management Team
4 people
Finance and Accounting
4 people
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Funding Insights of Salt Mobile
Salt Mobile has successfully raised a total of $2M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $162.76 million completed in March 2024. 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 3
- Last Round Debt – Conventional — $162.8M
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First Round
First Round
(28 Jan 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Debt – Conventional - Salt Mobile | Valuation |
investors |
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| Sep, 2019 | Amount | Debt – Conventional - Salt Mobile | Valuation |
investors |
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| Jan, 2013 | Amount | Unspecified - Salt 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 Salt Mobile
Salt Mobile has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, BNP Paribas and NJJ Holding. 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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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Banking & financial service provider
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Founded Year | Domain | Location | |
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Venture capital investment firm
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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 Salt 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 - Salt 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 |
Salt Mobile Comparisons
Competitors of Salt Mobile
Salt 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 Jio, MTN, Airtel, Optus and Telecom Italia, 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 |
Provider of telecommunication services
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| domain | founded_year | HQ Location |
MTN Group is recognized as a leading telecommunications provider in Africa.
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| domain | founded_year | HQ Location |
Airtel is recognized as a provider of telecommunications and internet services.
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| domain | founded_year | HQ Location |
Mobile internet services are provided for homes and offices.
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| domain | founded_year | HQ Location |
Integrated telecom service provider
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| domain | founded_year | HQ Location |
Mobile internet, TV, and telecommunication services are provided.
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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 Salt Mobile
Frequently Asked Questions about Salt Mobile
When was Salt Mobile founded?
Salt Mobile was founded in 1999 and raised its 1st funding round 14 years after it was founded.
Where is Salt Mobile located?
Salt Mobile is headquartered in Renens, Switzerland. It is registered at Renens, Vaud, Switzerland.
Who is the current CEO of Salt Mobile?
Pascal Grieder is the current CEO of Salt Mobile.
Is Salt Mobile a funded company?
Salt Mobile is a funded company, having raised a total of $2M across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $2M, raised on Jan 28, 2013.
What does Salt Mobile do?
Salt is a mobile operator in Switzerland. Offers mobile network with 4G internet connection. Provides various postpaid plans for World, European, Swiss, Basic and Start usage. Gives discounts on subscription to people under 30 and over 65. Also provides contract less subscription called PrePay and international roaming options based on travel zones. Was previously known as Orange.
Who are the top competitors of Salt Mobile?
What products or services does Salt Mobile offer?
Salt Mobile offers Swiss Max, Salt Home, and Europe Data.
Who are Salt Mobile's investors?
Salt Mobile has 3 investors. Key investors include Goldman Sachs, BNP Paribas, and NJJ Holding.