Gigs raises $73M
- Company
- Gigs
- Round
- Series B
- Amount
- $73M
- Investors
- Ribbit Capital (lead), Google's Gradient, Y Combinator, Speedinvest
- Announced
- December 12, 2024
What happened
Y Combinator-backed Gigs, the "operating system for mobile services," raised a $73 million Series B led by Ribbit Capital, with participation from Google's Gradient, YC, and Speedinvest. Gigs powers embedded phone plans for brands including Revolut, Klarna, and OnePay.
Why it matters
Gigs is the picks-and-shovels play behind the brand-MVNO wave: its MVNE-in-a-box platform lets any fintech or consumer brand launch a phone plan in weeks, which is directly fueling the surge of new MVNO launches.
Source: Gigs
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