CellBreaker
Latest round
- Seed
Last raised
- May 2015
Total raised
- $0.1M
Investors
- 1
About CellBreaker
CellBreaker provides mobile phone users with contract buyout services, allowing seamless transitions between carriers without incurring early termination fees.Founded in 2009 in Durham, US, CellBreaker specializes in helping mobile phone users navigate contract buyouts.CellBreaker specializes in contract buyout services for mobile phone users, enabling them to switch carriers without incurring early termination fees from their previous providers. The core offering revolves around the Cellbreaker Buyout program, which guarantees that clients will not have to pay any additional charges to their old carrier once they activate the service. This program appeals to consumers looking to avoid hefty termination fees that often exceed USD 300 per line.CellBreaker's revenue model is built around direct-to-consumer transactions, where customers activate their buyout service to manage and eliminate their existing contracts. The business structure involves a fee associated with the activation of their service, which enables the company to assume responsibility for any outstanding obligations with the client's previous carrier. This transactional relationship allows CellBreaker to maintain a steady stream of revenue while offering a valuable service that mitigates the risks and costs of early termination fees. The company is exploring new products aimed at optimizing carrier transitions and may target additional geographic markets to increase their consumer base. Specific release dates or market details have not been disclosed, but strategic efforts will likely focus on better serving mobile users who prefer flexible contract solutions.
Who invested in CellBreaker
1 investor across 1 round
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Funding rounds
Seed
May 7, 2015
Amount
$0.1M
Investors
Questions about CellBreaker
Who invested in CellBreaker?
CellBreaker has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has CellBreaker raised?
CellBreaker has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did CellBreaker last raise money?
CellBreaker's most recent round on record is a Seed, in May 2015.
What does CellBreaker do?
CellBreaker provides mobile phone users with contract buyout services, allowing seamless transitions between carriers without incurring early termination fees.
Where is CellBreaker headquartered?
CellBreaker is headquartered in Durham, US.
Which VCs invest in companies like CellBreaker?
Among active investors with capital left to deploy, Founders Fund, Accel, Thrive Capital and Kleiner Perkins back telecoms companies at CellBreaker's stage. Their profiles are linked below.
VCs backing telecoms startups at Seed
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