What is Gigsky?
GigSky offers seamless international data coverage across more than 200 countries and regions through its innovative eSIM technology. Designed for frequent travelers and digital nomads, the company provides a range of prepaid data plans, including unlimited options and specialized connectivity for cruise and offshore environments. GigSky's core mission is to eliminate the complexities and costs associated with international roaming, ensuring users maintain effortless mobile data access abroad via a user-friendly app compatible with multiple devices.
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 Raghu Tarra and Bhupen Shah
Other Financing Round (2011): $275K led by yet2Ventures
Other Financing Round (2012): $2M supported by yet2Ventures and Intercept Ventures
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. Their portfolio includes companies in various sectors such as fintech, identity, insurtech, security, and wealthtech.
PPP
Public-Private Partnership
What's next for Gigsky?
The recent major strategic investment in Gigsky signals a pivotal phase for the company, likely aimed at scaling its operations, expanding its global network reach, and enhancing its technological infrastructure. This capital infusion is expected to fuel further innovation in the travel tech sector, potentially leading to new service offerings or deeper penetration into key international markets. Gigsky's focus on simplifying global connectivity for travelers positions it to capitalize on the growing demand for reliable and cost-effective mobile data solutions.
See full Gigsky company page
