Gigs Analysis: $73M Raised
What is Gigs?
Gigs provides software for brands that want to launch mobile service inside their own apps, platforms, or customer offers. Its product set covers checkout, billing, operations, APIs, and agentic AI for phone plans, talk, text, data, roaming, and eSIM connectivity. The site highlights Revolut as a customer and positions Gigs as infrastructure for fintech, device, travel, and workplace connectivity products.
Location
San Francisco, United States
Employees
201-500
Founded
2020
Revenue
$15.4-19.1M
Product Features & Capabilities
- Connect (plug-and-play hosted checkout for wireless plans), Payments (fully embedded multi-currency payments suite), Operator (conversational AI assistant for telecom), Dashboard (powerful connectivity and subscriptions cockpit), API (best in class multi-carrier telecom API).
Pricing
- Free plan available.
- Subscription pricing is bespoke and customized based on customer needs.
- Gigs offers customizable package offerings, including introductory offerings and launch promotions.
How much Gigs raised
Series B - $73 million
December 12, 2024Lead Investor: Ribbit Capital, Google’s Gradient, Y Combinator, Speedinvest
Who are the founders of Gigs
HF
Hermann Frank
Co-founder, CEO
DB
Dennis Bauer
Founder
Business Model
B2B2C model; revenue from subscription fees and upselling services to businesses.
Investors
- Ribbit Capital
- Gradient Ventures (Google)
- Y Combinator
- 10X Group
- Kinled Holding
- Crane Venture Partners
Market Focus
The company Gigs primarily focuses on the telecommunications industry, providing an operating system that enables businesses to launch embedded wireless services along with integrated products for connectivity, payments, and customer support.
Competitors Overview
Gigs operates in the telecom market, providing an operating system for businesses to launch embedded wireless services. Its main competitors include:
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NetScout: Focuses on network performance management and cybersecurity. Notable competitors of NetScout include Spirent, which specializes in automated testing solutions, and VIAVI Solutions, which offers network testing and monitoring. NetScout's broader performance management services may differ from Spirent's focused approach.
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Neusoft: Competes in IT services and digital transformation. Its notable competitors include All for One Group, which emphasizes SAP consulting, and MLN Infotech, which specializes in enterprise consulting. Neusoft's focus on telecom solutions may set it apart from these competitors that cater to different sectors.
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Sigma Systems: Provides software solutions for telecom service providers, focusing on product catalog management and service fulfillment. While specific competitors were not detailed in the search, Sigma's emphasis on telecom-specific software solutions may differentiate it from Gigs' broader operating system approach.
These competitors highlight a diverse landscape in the telecom sector, with some focusing on specific niches like cybersecurity or enterprise consulting, while others offer a wider range of services.
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