Qatar's Rasmal Ventures Leads $12M For US-Based eSIM Startup Roamless
Shorooq, Revo Capital, Finberg, and JIMCO also joined the round as Roamless scales B2B and embeds AI across an eSIM network spanning over 200 countries.
Qatar’s Rasmal Ventures and Abu Dhabi-based Shorooq are among the investors that have participated in a $12 million in a Series A round in US-headquartered global connectivity provider, Roamless. The round also included Revo Capital, Finberg and JIMCO, which will see the startup - which offers a single global eSIM with pay-as-you-go and trip-based plans across over 200 countries - expand its network coverage, scale its global go-to-market and customer support and deepen supplier and corporate partnerships.
Originally founded in Turkey in 2023 by Emre Demirel, Ali Gazioglu, Asim Alp, Selim Aykut, Cagdas Yalti, and Cengiz Oztelcan, Roamless aims to end SIM-swapping at borders. Unlike resale platforms that bundle third-party eSIMs, Roamless runs its own cloud-based telecom infrastructure to manage connectivity across hundreds of networks as one experience, designed to keep travellers connected without changing SIM cards.
The company will invest in APIs and B2B solutions so airlines, airports, online travel agencies, financial institutions, and superapps can embed connectivity, while also planning to launch Roamless Numbers, enabling users to obtain local numbers in more than 20 countries to make calls and send and receive SMS within the app, and to embed AI-driven features to improve network quality, lower costs, and refine partner offers.
