How Much Did US Mobile Raise?
Funding & Key Investors

US Mobile has secured significant enterprise-level funding, with its most recent capital infusion being a major strategic investment. The total funding amount raised by the company stands at $31.2M, with the latest round contributing $31M to its financial reserves. This substantial backing underscores the company's strategic importance and growth trajectory in the telecommunications sector.

What is US Mobile?

US Mobile
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US Mobile operates as a mobile virtual network operator (MVNO), providing its subscribers with the flexibility to choose between Verizon or T-Mobile's robust network infrastructure. This unique offering allows customers to leverage the strengths of either major carrier, positioning US Mobile as a versatile and customer-centric player in the competitive mobile service market. The company's business model focuses on delivering choice and value to its user base.

How much funding has US Mobile raised?

US Mobile has raised a total of $31.1M across 2 funding rounds:

2020

Debt

$150K

2021

Series A

$31M

Debt (2020): $150K with participation from PPP

Series A (2021): $31M led by Volition Capital

Key Investors in US Mobile

Volition Capital

Volition Capital is a growth equity firm specializing in founder-owned, capital-efficient businesses, with a focus on technology and software sectors. They are known for their human-centric approach and strategic support to accelerate growth.

What's next for US Mobile?

With the recent strategic investment, US Mobile is poised for accelerated growth and market expansion. The company is likely to leverage this capital to enhance its network offerings, broaden its customer acquisition strategies, and potentially explore new service verticals. This funding round signals a strong confidence from investors in US Mobile's ability to capture market share and innovate within the MVNO space, paving the way for future development and service enhancements.

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Frequently Asked Questions Regarding US Mobile Financial Insights

What are the most recent funding rounds that US Mobile has completed, and what were the funding rounds?
US Mobile has recently completed 2 funding rounds: Series A on Jul 20, 2021, Debt on May 3, 2020.
What is the total amount of funding US Mobile has raised to date?
US Mobile has raised a total of $31.1M in funding to date.
How many funding rounds has US Mobile completed?
US Mobile has completed 2 funding rounds.
How much funding did US Mobile raise in its most recent funding round?
US Mobile raised $31M in its most recent funding round.
Who are the lead investors in US Mobile's latest funding round?
The lead investor in US Mobile's latest funding round was Volition Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in US Mobile's history?
The largest funding round in US Mobile's history was $31M.
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