Gigs raises $20M
- Company
- Gigs
- Round
- Series A
- Amount
- $20M
- Investors
- Gradient Ventures (lead), Y Combinator Continuity, Crane Venture Partners, SeedInvest, BoxGroup
- Announced
- September 21, 2022
What happened
Gigs raised a $20 million Series A led by Google's Gradient Ventures, with Y Combinator Continuity, Crane Venture Partners, SeedInvest, BoxGroup, and strategic angels participating, to help businesses launch their own mobile services through its embedded telecom platform.
Why it matters
The Series A that set up Gigs' category-defining run: Google-affiliated capital backing 'Stripe for phone plans' two years before Klarna and Cash App proved the embedded-MVNO model at consumer scale.
Source: Fierce Network
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