About Simless
Simless is a company based in Atlanta (United States) founded in 2014 was acquired by Gigsky in September 2018.. Simless has raised $100 thousand across 1 funding round from investors including Gigsky and 500 Global. Simless operates in a competitive market with competitors including Truphone, Airalo, Airlinq, Telit Communications and Cavli Wireless, among others.
- Headquarter Atlanta, United States
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Sectors
TechnologyTelecommunications
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Phone
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Website
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Social
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Funding Insights of Simless
Simless has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in May 2016. 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 Seed — $100,000
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First Round
First Round
(16 May 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2016 | Amount | Seed - Simless | Valuation |
investors |
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Simless
Simless has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Gigsky and 500 Global. 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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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Roaming data services for travellers
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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 Simless
| 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 - Simless
| 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 |
Simless Comparisons
Competitors of Simless
Simless 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 Truphone, Airalo, Airlinq, Telit Communications and Cavli Wireless, 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 |
International mobile services are provided under various brands for enterprises.
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Operator of eSIM stores intended to provide connectivity to travellers
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IoT and SaaS-based provider of application development solutions for connected ecosystems
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Cellular IoT modules, connectivity, platforms, and custom solutions are provided.
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Provider of cellular IoT modules, global connectivity, and modem cloud services
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IoT connectivity solutions are provided via SIM cards and platforms.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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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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Frequently Asked Questions about Simless
When was Simless founded?
Simless was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Simless located?
Simless is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Is Simless a funded company?
Simless is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on May 16, 2016.
What does Simless do?
Simless was founded in 2014 in Atlanta, United States, within the telecommunications and IoT sector. Software is provided to enable virtual SIMs that connect dynamically to multiple mobile network carriers, bypassing physical SIM cards. A server platform, reference devices, mobile OS patches, and SIM-less System-on-Chip components are being developed. Tools are also created for developers to facilitate internet connectivity for various objects.
Who are the top competitors of Simless?
Who are Simless's investors?
Simless has 2 investors. Key investors include Gigsky, and 500 Global.
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