# Charge Communication

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/charge-communication

- Industry: Telecoms
- Headquarters: San Francisco, US
- Website: www.charge.co
- Total disclosed funding: $1.7M
- Latest round: Seed (Aug 27, 2015)
- Investors on record: 5

## About

Charge Communication Inc. is a mobile service provider specializing in data-only plans that allow users to purchase and manage mobile data flexibly, eliminating traditional constraints of contracts and overage fees.Charge Communication Inc. operates as a mobile service provider that focuses on offering data-only solutions for consumers. The company is headquartered in San Francisco, US, and has not reported any significant changes in its business model since inception. Charge Communication has raised a total of USD 1.7 mn in Seed funding, with its latest funding round occurring on August 27, 2015. The investors in this round included Pelion Venture Partners, Atlas Venture, Maiden Lane, Metamorphic Ventures, and Cherubic Ventures.Charge Communication Inc. primarily offered a data-only mobile service that allowed users to purchase and store mobile data akin to a bank account. Customers could utilize the data on a pay-as-you-go model, with a monthly fee of USD 3 and additional data priced at USD 13 per GB. This service catered to consumers seeking flexible, no-contract data solutions, particularly for use on secondary devices such as tablets and WiFi hotspots, operating on the Nationwide Sprint® Network for robust LTE coverage.Charge Communication Inc.'s revenue model is based on straightforward transactions where customers purchase data packages without lengthy contracts or activation fees. Clients subscribe by selecting a data plan and can buy additional data as needed. The pricing structure includes a monthly fee of USD 3 and data purchases at USD 13 per GB, generating revenue directly from consumers through a B2C framework. Promotional offers may provide additional free data with larger purchases, ensuring a transparent pricing structure in the mobile data market.Charge Communication Inc. plans to leverage its recent funding of USD 1.7 mn raised on August 27, 2015, to enhance its service offerings and expand its market reach. The company aims to introduce new products tailored to meet evolving consumer demands, though specific release dates have not been disclosed. Additionally, Charge Communication is exploring opportunities to extend its services to new geographic regions, including targeting GSM device users to broaden its customer base.

## Funding rounds

- Seed, Aug 27, 2015, $1.7M — Atlas Venture, Pelion Venture Partners, Compound Ventures, Cherubic Ventures, Maiden Lane

## Investors

- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Seed
- Pelion Venture Partners (https://capitalatlas.ai/funds/pelion-venture-partners) — Seed
- Compound Ventures (https://capitalatlas.ai/funds/compound-ventures) — Seed
- Cherubic Ventures (https://capitalatlas.ai/funds/cherubic-ventures) — Seed
- Maiden Lane (https://capitalatlas.ai/funds/maiden-lane) — Seed