What is Gigsky?
GigSky offers seamless international data coverage for travelers in over 200 countries and regions through its innovative eSIM technology. The company provides a range of prepaid data plans, including unlimited data options and specialized connectivity for cruise ships and offshore environments. By eliminating the need for traditional SIM cards and exorbitant roaming fees, GigSky targets frequent international travelers and digital nomads seeking reliable and simplified mobile data access abroad. Their user-friendly application and multi-device support ensure effortless connectivity for users on the go.
How much funding has Gigsky raised?
Gigsky has raised a total of $25M across 8 funding rounds:
Other Financing Round
$400K
Other Financing Round
$275K
Other Financing Round
$2M
Multiple Rounds
$19.3M
Debt
$2.9M
Debt
$150K
Other Financing Round (2011): $400K with participation from Bhupen Shah and Raghu Tarra
Other Financing Round (2011): $275K led by yet2Ventures
Other Financing Round (2012): $2M supported by Intercept Ventures and yet2Ventures
Series A (2015): $9.1M featuring yet2Ventures
Other Financing Round (2015): $3.1M backed by yet2Ventures
Series B (2015): $7.1M with participation from yet2Ventures
Debt (2016): $2.9M, investors not publicly disclosed
Debt (2020): $150K supported by PPP
Key Investors in Gigsky
yet2Ventures
Yet2 is an innovation consulting firm specializing in open innovation and technology scouting services. They offer tailored solutions such as near-term topic-specific scouting and long-term technology scouting to help clients identify emerging technologies and trends.
Intercept Ventures
Intercept Ventures specializes in seed investing to support the next wave of technology and innovation, with a portfolio that includes companies in fintech, identity, insurtech, security, and wealthtech.
Bhupen Shah
Bhupen Shah is an individual investor who has participated in funding rounds for Gigsky, contributing to the company's financial growth.
What's next for Gigsky?
The recent major strategic investment indicates a pivotal phase for Gigsky, likely aimed at scaling its operations, enhancing its technological infrastructure, and expanding its global reach. This capital infusion is expected to fuel further development of its eSIM platform and potentially broaden its service offerings to cater to an evolving market of international connectivity needs. The company's focus on simplifying mobile data for travelers positions it well for continued growth in an increasingly interconnected world.
See full Gigsky company page
