We’re very proud to report on onoff’s €10 million fundraise, which we participated in alongside Idinvest and Breega Capital. The funds will be used to invest in marketing and R&D to stimulate the further growth and international expansion of this innovative start-up.
The only provider to offer world portability, onoff users can transfer unlimited SIM card numbers directly into the cloud, and purchase any foreign SIM card at the local rate. With 5 million people in France paying for two SIM card-type subscriptions, onoff is able to tap into a significant market, offering users the ability to keep 2 or more numbers while only paying for one package.
Since we started following onoff revenues have tripled on an organic basis. The app now has 50,000 active users who have exchanged over one billion SMS messages, fantastic metrics with limitless potential for international growth.
Huge congratulations to Taïg Khris, CEO and Founder, and the rest of the onoff team!
Click to see how it was reported in some of the media this week:
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