What is US Mobile?
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:
Debt
$150K
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.
See full US Mobile company page