A ‘Stripe for phone plans’: Gigs raises $20M to help any company be an MVNO

A ‘Stripe for phone plans’: Gigs raises $20M to help any company be an MVNO

a year ago
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https://techcrunch.com/2022/09/21/a-stripe-for-phone-plans-gigs-raises-20m-to-help-any-company-be-an-mvno/

A new startup wants to make it easier for any company to sell phone and data plans as part of their own branded mobile network subscriptions — and to help, it has secured the backing of big-name investors including Google’s early-stage venture capital arm Gradient Ventures and Uber CEO Dara Khosrowshahi.

Gigs, which was founded out of Germany back in 2020 and pitches itself as the “Stripe for phone plans,” has largely flown under the radar until now. However, the Berlin-based startup did graduate Y Combinator’s accelerator program last year and has secured around $4 million in funding (via a convertible loan) prior to a $20 million series A round that it’s announcing today.