# CellBreaker

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cellbreaker

- Industry: Telecoms
- Headquarters: Durham, US
- Website: www.cellbreaker.com
- Total disclosed funding: $0.1M
- Latest round: Seed (May 7, 2015)
- Investors on record: 1

## About

CellBreaker provides mobile phone users with contract buyout services, allowing seamless transitions between carriers without incurring early termination fees. Their innovative approach simplifies switching providers and enhances customer flexibility.Founded in 2009 in Durham, US, CellBreaker specializes in helping mobile phone users navigate contract buyouts. The company raised USD 0.1 million in a Seed funding round from 500 Startups on May 7, 2015, marking their first funding effort. The founder's previous entrepreneurial background is not detailed, and there are no mentions of changes in strategy or structure.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 addresses the needs of individuals seeking flexibility in their mobile service choices, primarily targeting customers of major carriers across the United States, providing a straightforward solution that prioritizes user satisfaction and financial savings.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. Their offerings are designed to attract a diverse client base, from individual consumers to those trapped in unfavorable contracts, thereby enhancing its market positioning and revenue potential.CellBreaker plans to leverage the USD 0.1 million raised in Seed financing to enhance its service offerings and expand market reach. 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.

## Funding rounds

- Seed, May 7, 2015, $0.1M — 500 Global

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed