Gigs
 | |
| Company type | Private |
|---|---|
| Industry | |
| Founded | 2020 |
| Founders | Hermann Frank and Dennis Bauer |
| Headquarters | |
| Website | gigs |
Gigs, Inc. is an American technology company in the telecommunications industry, headquartered in San Francisco, California, with additional offices in London (UK) and Berlin (Germany).[1] Admitted to Y Combinator in 2021, the company specializes in a telecom-as-a-service platform that enables businesses to launch their own branded wireless services.[2][3]
History
[edit]The company was founded by entrepreneurs Hermann Frank and Dennis Bauer in 2020.[2][1] In 2021, the company was accepted into the Y Combinator accelerator program.[4]
In 2022, the company completed a Series A investment round of $20 million, receiving backing from Google's Gradient Ventures, YC Continuity, Speedinvest, and business angels Tony Xu (CEO of DoorDash), Fidji Simo (CEO of Instacart), Dara Khosrowshahi (CEO of Uber).[5]
In 2023, Gigs announced an AI product for MVNOs called Operator, designed to reduce customer support overhead by up to 95%.[6][7]
Gigs offers "MVNO in a box" technology, allowing companies to launch their wireless service through a white-label or through an API that allows companies to embed their wireless service directly into a customer's app or website.[8][6][7] The company also provides wholesale connectivity, payments, OSS/BSS, telecom taxes, and more.[9]
The company cooperates with neobank Zolve,[10][11] phone manufacturers Light,[12][13] Murena,[14][15][13] Punkt.[16] and fintechs such as Nubank[17] and Wealthsimple.[18]
In December 2024, Gigs announced their partnership with Vodafone[19]. In the same week, the company also announced that it had raised $73 million in a Series B funding round led by Ribbit Capital.[20]
References
[edit]- ^ a b "Berliner Telko-Startup Gigs will das „Stripe der Mobilfunkbranche" werden". t3n Magazin (in German). 2022-09-21. Retrieved 2024-05-06.
- ^ a b "Handelsblatt". www.handelsblatt.com. Retrieved 2024-05-06.
- ^ "DataGuard sammelt 61 Millionen ein - Gigs bekommt 20 Millionen - Kaiko Systems streicht 2 Millionen ein". deutsche-startups.de (in German). 2022-09-22. Retrieved 2024-05-06.
- ^ Sawers, Paul (2022-09-21). "A 'Stripe for phone plans': Gigs raises $20M to help any company be an MVNO". TechCrunch. Retrieved 2024-05-06.
- ^ "Gigs rings up $20 million with Google's early-stage venture fund Gradient, YC Continuity, Speedinvest, and a who's who of angel investors dialling in". Tech.eu. 2022-09-21. Retrieved 2024-05-06.
- ^ a b "The Humane touch: More MVNOs are being minted than ever". Yahoo News. 2024-02-09. Retrieved 2024-05-06.
- ^ a b Sawers, Paul (2024-01-05). "The Humane touch: More MVNOs are being minted than ever". TechCrunch. Retrieved 2024-05-06.
- ^ Sharma, Ray. "Gigs Unveils 'Operator', the ChatGPT for Telecom". www.thefastmode.com. Retrieved 2024-05-06.
- ^ "What are the differences between the OSS and the BSS? What are their unique characteristics, functions & roles for an MVNO?". MVNO Index. Retrieved 2024-05-06.
- ^ Pathe, Tyler (18 August 2023). "Indian neobank Zolve expands into expat-friendly mobile services with telecom-as-a-service platform Gigs". Fintechfutures.
- ^ Bleach, Tom (2023-08-17). "Zolve Connect Launches in Partnership With Gigs to Support Expats Moving to the US". The Fintech Times. Archived from the original on 2023-08-18. Retrieved 2024-05-06.
- ^ "Light Picks Gigs to Debut Innovative Light Plans". TelecomDrive. 2023-09-27. Retrieved 2024-05-06.
- ^ a b Sawers, Paul (2024-01-23). "'De-Googled' smartphone company Murena launches own-brand mobile network". TechCrunch. Retrieved 2024-05-06.
- ^ "Telecompaper". www.telecompaper.com. Retrieved 2024-05-06.
- ^ Sharma, Ray. "Gigs Powers Murena to Launch Murena Mobile Premium Wireless Plans". www.thefastmode.com. Retrieved 2024-05-06.
- ^ "Punkt. Launches Its Own Mobile Plan for Privacy-Focused MC02 Phone". PCMAG. Retrieved 2024-05-06.
- ^ Sawers, Paul (2024-05-28). "More neobanks are becoming mobile networks — and Nubank wants a piece of the action". TechCrunch. Retrieved 2024-06-19.
- ^ Koumelis, Theodore (2024-10-28). "Wealthsimple clients now get global travel eSIMs powered by Gigs". TravelDailyNews International. Retrieved 2024-10-31.
- ^ "Gigs in million-pound tie-up with Vodafone to let any tech firm become an MVNO". UKTN. 2024-12-09. Retrieved 2024-12-16.
- ^ Sawers, Paul (2024-12-12). "Gigs, an 'MVNO in a box,' gets $73M to power mobile network services for any company". TechCrunch. Retrieved 2024-12-13.