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Gigs

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American technology company
Gigs, Inc.
Company typePrivate
Industry
Founded2020; 4 years ago (2020)
FoundersHermann Frank and Dennis Bauer
Headquarters
Websitegigs.com

Gigs, Inc. is an American technology company in the telecommunications industry, headquartered in San Francisco, California, with additional offices in London (UK) and Berlin (Germany). Admitted to Y Combinator in 2021, the company specializes in a telecom-as-a-service platform that enables businesses to launch their own branded wireless services.

History

The company was founded by entrepreneurs Hermann Frank and Dennis Bauer in 2020. In 2021, the company was accepted into the Y Combinator accelerator program.

In 2022, the company completed a Series A investment round of $20 million, receiving backing from Google's Gradient Ventures, YC Continuity, Speedinvest, and business angels Tony Xu (CEO of DoorDash), Fidji Simo (CEO of Instacart), Dara Khosrowshahi (CEO of Uber).

In 2023, Gigs announced an AI product for MVNOs called Operator, designed to reduce customer support overhead by up to 95%.

Gigs offers "MVNO in a box" technology, allowing companies to launch their wireless service through a white-label or through an API that allows companies to embed their wireless service directly into a customer's app or website. The company also provides wholesale connectivity, payments, OSS/BSS, telecom taxes, and more.

The company cooperates with neobank Zolve, phone manufacturers Light, Murena, Punkt. and fintechs such as Nubank and Wealthsimple.

In December 2024, Gigs announced their partnership with Vodafone. In the same week, the company also announced that it had raised $73 million in a Series B funding round led by Ribbit Capital.

References

  1. ^ "Berliner Telko-Startup Gigs will das β€žStripe der Mobilfunkbranche" werden". t3n Magazin (in German). 2022-09-21. Retrieved 2024-05-06.
  2. ^ "Handelsblatt". www.handelsblatt.com. Retrieved 2024-05-06.
  3. "DataGuard sammelt 61 Millionen ein - Gigs bekommt 20 Millionen - Kaiko Systems streicht 2 Millionen ein". deutsche-startups.de (in German). 2022-09-22. Retrieved 2024-05-06.
  4. Sawers, Paul (2022-09-21). "A 'Stripe for phone plans': Gigs raises $20M to help any company be an MVNO". TechCrunch. Retrieved 2024-05-06.
  5. "Gigs rings up $20 million with Google's early-stage venture fund Gradient, YC Continuity, Speedinvest, and a who's who of angel investors dialling in". Tech.eu. 2022-09-21. Retrieved 2024-05-06.
  6. ^ "The Humane touch: More MVNOs are being minted than ever". Yahoo News. 2024-02-09. Retrieved 2024-05-06.
  7. ^ Sawers, Paul (2024-01-05). "The Humane touch: More MVNOs are being minted than ever". TechCrunch. Retrieved 2024-05-06.
  8. Sharma, Ray. "Gigs Unveils 'Operator', the ChatGPT for Telecom". www.thefastmode.com. Retrieved 2024-05-06.
  9. "What are the differences between the OSS and the BSS? What are their unique characteristics, functions & roles for an MVNO?". MVNO Index. Retrieved 2024-05-06.
  10. Pathe, Tyler (18 August 2023). "Indian neobank Zolve expands into expat-friendly mobile services with telecom-as-a-service platform Gigs". Fintechfutures.
  11. Bleach, Tom (2023-08-17). "Zolve Connect Launches in Partnership With Gigs to Support Expats Moving to the US". The Fintech Times. Archived from the original on 2023-08-18. Retrieved 2024-05-06.
  12. "Light Picks Gigs to Debut Innovative Light Plans". TelecomDrive. 2023-09-27. Retrieved 2024-05-06.
  13. ^ Sawers, Paul (2024-01-23). "'De-Googled' smartphone company Murena launches own-brand mobile network". TechCrunch. Retrieved 2024-05-06.
  14. "Telecompaper". www.telecompaper.com. Retrieved 2024-05-06.
  15. Sharma, Ray. "Gigs Powers Murena to Launch Murena Mobile Premium Wireless Plans". www.thefastmode.com. Retrieved 2024-05-06.
  16. "Punkt. Launches Its Own Mobile Plan for Privacy-Focused MC02 Phone". PCMAG. Retrieved 2024-05-06.
  17. Sawers, Paul (2024-05-28). "More neobanks are becoming mobile networks β€” and Nubank wants a piece of the action". TechCrunch. Retrieved 2024-06-19.
  18. Koumelis, Theodore (2024-10-28). "Wealthsimple clients now get global travel eSIMs powered by Gigs". TravelDailyNews International. Retrieved 2024-10-31.
  19. "Gigs in million-pound tie-up with Vodafone to let any tech firm become an MVNO". UKTN. 2024-12-09. Retrieved 2024-12-16.
  20. Sawers, Paul (2024-12-12). "Gigs, an 'MVNO in a box,' gets $73M to power mobile network services for any company". TechCrunch. Retrieved 2024-12-13.
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