Truphone

London, United Kingdom Founded: 2006 • Age: 20 yrs
International mobile services are provided under various brands for enterprises.
Annual revenue - Latest available
Total funding $696.0M 8 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Truphone

Truphone is a company based in London (United Kingdom) founded in 2006. Truphone has raised $695.99 million across 8 funding rounds from investors including Hubert Burda Media, European Union and Alexander Abramov. Truphone has completed 4 acquisitions, including Cellnetrix, CoSwitched and SIM4travel. Truphone offers products and services including My Truphone App, Truphone for Business, Truphone for Finance, Truphone for Things, and Truphone Connect. Truphone operates in a competitive market with competitors including Airlinq, Telit Communications, Cavli Wireless, 1NCE and Soracom, among others.

  • Headquarter London, United Kingdom
  • Stage Minicorn
  • Sectors
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Truphone Limited
  • Date of Incorporation 26 Mar, 2001
  • Jurisdiction LONDON
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $695.99 M (USD)

    in 8 rounds

  • Latest Funding Round
    $830.87 K (USD), Grant

    May 01, 2021

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    Cellnetrix

    & 3 more

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Products & Services of Truphone

Truphone offers a comprehensive portfolio of products and services, including My Truphone App, Truphone for Business, Truphone for Finance, Truphone for Things, and Truphone Connect.

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Primary

App for managing eSIM activation and global roaming

Product name locked
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Platform for connectivity solutions in finance and IoT

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Services for secure banking connectivity via eSIM

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eSIM technology for IoT device connectivity

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Tools for telecom network integration and roaming

Funding Insights of Truphone

Truphone has successfully raised a total of $695.99M across 8 strategic funding rounds. The most recent funding activity was a Grant round of $830.87 thousand completed in May 2021. 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 Truphone

Truphone has secured backing from 8 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Hubert Burda Media, European Union and Alexander Abramov.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Seed and early-stage investments are made in European tech startups.
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Investments are made in early-stage healthcare startups.
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Investor details for Truphone

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Investments & Acquisitions by Truphone

Truphone has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Cellnetrix, CoSwitched and SIM4travel.

Investments
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Investment portfolio details for Truphone

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based connectivity management platform for MVNOs and MNOs is provided.
Locked Locked 2014 Locked
Embedded secure SIM OS for smart cards, mobile and M2M devices
Locked Locked 2006 Locked
Global roaming SIM cards and MVNE platforms are provided worldwide.
Locked Locked 2004 Locked
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Complete acquisition details for Truphone

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Financial Statements - Truphone

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Detailed financials for Truphone

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Truphone Comparisons

Truphone Primary company
Description
International mobile services are provided under various bra...
Location
London, United Kingdom
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Truphone

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Competitors of Truphone

Truphone 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 Airlinq, Telit Communications, Cavli Wireless, 1NCE and Soracom, among others.

Company Name Domain Founded year HQ Location Description
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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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Provider of cellular connectivity for IoT
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Detailed competitors of Truphone

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Latest news on Truphone

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Complete news archive for Truphone

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Frequently Asked Questions about Truphone

Truphone was founded in 2006 and raised its 1st funding round 1 year after it was founded.

Truphone is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Truphone is a funded company, having raised a total of $695.99M across 8 funding rounds to date.

Truphone was founded in 2006 in London, United Kingdom, as a provider in the telecommunications sector. International mobile services are offered by the company to support global connectivity. Operations include services delivered under multiple brands tailored to different markets. Enterprises are enabled to record and store mobile communications for compliance and management purposes. The focus remains on facilitating cross-border mobile solutions from its base in the UK.

Truphone's top competitors include 1NCE, Soracom and Cavli Wireless.

Truphone offers My Truphone App, Truphone for Business, Truphone for Finance, Truphone for Things, and Truphone Connect.

Truphone has made 4 acquisitions, including Cellnetrix, CoSwitched, and SIM4travel.

Truphone has 8 investors. Key investors include Hubert Burda Media, European Union, Alexander Abramov, Roman Abramovich, and Eden Ventures.

The valuation of Truphone is $516M as of Apr 2020.

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