US Mobile raises $19.5M
- Company
- US Mobile
- Round
- Series A2
- Amount
- $19.5M
- Investors
- Volition Capital
- Announced
- May 12, 2022
What happened
US Mobile raised 19.5 million dollars in a Series A2 round led by existing investor Volition Capital, bringing its total Series A funding to more than 30 million dollars. The New York based MVNO built its brand on customizable plans and premium network access.
Why it matters
US Mobile went on to become one of the loudest challenger brands in US wireless, eventually offering service across all three national networks. This round is the funding footprint behind that rise, and continued backing from the same lead investor signals patient capital in a segment better known for thin margins.
Source: US Mobile
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