Simtex Overview
Simtex provides travelers with a platform that utilizes cutting-edge eSIM technology to simplify the process of obtaining cellular and mobile data. The company’s solution consolidates all providers in the destination country, making it easy for users to select and purchase the best data package without the need for physical SIM cards or additional equipment. Simtex enables users to enjoy a fast, secure, and easily accessible internet connection by simply scanning and connecting. Simtex was developed by RBCS.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
כ-20 מיליון דולר: מיזוג הענק של חברות ה-eSIM הישראליות
Voye Global, an Israeli company specializing in eSIM technology for travelers, has announced the acquisition of Simtex, a prominent player in the field, in a deal valued at approximately $20 million. This strategic move positions Voye Global as a key player in the rapidly growing digital roaming market, estimated to be worth around $100 billion annually. The acquisition will allow Voye Global to integrate Simtexs eSIM services with its pricing capabilities, offering personalized solutions to travelers. Simtex brings a wide network of business partners, including airlines and digital booking platforms, operating in over 190 countries with more than 600 mobile communication providers. The merger is expected to strengthen both companies positions in the international eSIM market, offering more affordable alternatives to traditional roaming packages.
AcquisitionPartnersCustomers
growth-positive
הלוחמים שיצאו לטיול אחרי צבא וחזרו עם רעיון לסטארט־אפ
Simtex, a company that provides communication solutions for tourists, has seen significant growth despite the challenges of the pandemic. Founded in 2018 by Roey Schwartz and Barak Katz, the company offers services based on eSIM technology. The company faced difficulties during the pandemic, as tourism was heavily affected. However, they managed to adapt and have seen a 600% increase in sales over the past year, reaching around 100,000 customers. They have also established a wide network of partners, operating with 600 operators in 190 countries.
CustomersPartnersInvestment
| Sector | Business Software |
Funding
| Total funding | $1.25M |
| Last funding | $548K |
| Stage | Seed |
| Rounds | 2 |
| Investors | 2 |
Team Members
2
Employees: 1-10
Web & Social Links
| Website | voyeglobal.com |
| Careers | Careers page |
Locations
Isserles Street 6, Tel Aviv-Yafo, Israel
Photos & Videos
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