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 ($)
$548KApr 2021
$1.2MDec 2019
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
2 item(s)
Simtex Business
Business models
B2C, B2B2C
Product stage
Released
Employees
1-10
Sector
Business SoftwareSales & Marketing Solutionse-Commerce ToolsTarget Customer
ConsumersTravel & TourismTravelCore Technology
Platforms & InterfacesWebTags (6)
mobile-devicestourismtelecommunicationmobile-applicationstraveltechleisureGeographic Markets
GlobalSimtex Financials
$1.25M
Total funding
Undisclosed
Capital raised
$548K
Last funding
Seed
Funding stage
2
Total rounds
2
Investors
Cumulative Funding Raised Over Time ($)
$548KApr 2021
$1.2MDec 2019
Private Equity Funding
Equity crowdfunding
Apr 2021
$548K
PipelBiz
Equity crowdfunding
Dec 2019
$700K
ExitValley
Simtex Lifecycle
Cumulative Funding Raised Over Time
$548KApr 2021
$1.2MDec 2019
All Events
Equity crowdfunding
Apr 2021
$548K
PipelBiz
Equity crowdfunding
Dec 2019
$700K
ExitValley
Simtex News
2 articles
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
Simtex Team
Employee Info
| Employees (range) | 1-10 |
| Exact count | 10 |
| Team members | 2 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 9 classification IDs that could be used for matching.
Simtex Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Maor Perlov |
| Registrar ID | 515795821 |
| Crunchbase | simtex |
| Creator | Maor Perlov |
| Creator email | maorperlov@gmail.com |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | jenny.sotnik@sncentral.org |
| Last update | 2023-01-26T00:00:00.000Z |
| Created | 2019-06-12T00:00:00.000Z |
| Claimed | Yes |