Rahul Raj / EU-Startups : The Hague-based Braid, whose API lets companies sell eSIM mobile plans under their own brand via 600+ carriers, raised a ~$38M Series A led by Octopus Ventures — Braid, a Dutch company that enables enterprises to launch their own branded mobile connectivity, has raised €34.13 million ($38 million) in a Series A funding round.
The Hague-based Braid, whose API lets companies sell eSIM mobile plans under their own brand via 600+ carriers, raised a ~$38M Series A led by Octopus Ventures (Rahul Raj/EU-Startups)
In short
The Hague-based tech company Braid secured approximately $38 million (€34.13 million) in a Series A investment round headed by Octopus Ventures. The company provides a dedicated mobile connectivity platform tailored for business clients. Through its API integration, businesses can sell white-label eSIM mobile plans directly to consumers by leveraging access to more than 600 carriers across the globe.
Key points
- The Series A funding totaled approximately $38 million or €34.13 million for the Dutch st…: The Series A funding totaled approximately $38 million or €34.13 million for the Dutch startup.
- Businesses use Braid's infrastructure to launch and sell white-label eSIM mobile plans to…: Businesses use Braid's infrastructure to launch and sell white-label eSIM mobile plans to their own customers.
- Direct connectivity to hundreds of global telecom carriers powers the company's branded m…: Direct connectivity to hundreds of global telecom carriers powers the company's branded mobile plan platform.