What is US Mobile?
US Mobile operates as a mobile virtual network operator (MVNO), providing subscribers with the flexibility to choose their network service between Verizon and T-Mobile. This dual-network strategy allows US Mobile to offer a unique value proposition in the competitive telecommunications landscape, catering to a diverse customer base seeking reliable and adaptable mobile solutions.
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 targeting market leadership. They focus on technology and software sectors, providing capital and strategic support for accelerated growth.
PPP
Public-Private Partnership
What's next for US Mobile?
The recent major strategic investment signals a pivotal moment for US Mobile, likely enabling the company to scale its operations, enhance its service offerings, and potentially expand its network partnerships. This capital will be instrumental in solidifying its market position and pursuing further innovation within the MVNO sector, aiming for sustained growth and increased market share.
See full US Mobile company page
