Echovox
Latest round
- Series B
Last raised
- Feb 2007
Total raised
- $13M
Investors
- 2
About Echovox
Founded in 2000, Echovox operates from Geneva, Switzerland, and specializes in mobile payment solutions. The company has undergone strategic pivots to enhance its service offerings and currently focuses on carrier billing and SMS messaging.Echovox specializes in providing a comprehensive suite of mobile payment solutions, primarily focusing on carrier billing, SMS messaging, SMS authentication, and voice solutions. The company’s carrier billing service enables large media organizations, television and radio stations, and mobile content providers to monetize their audiences across over 20 countries. Through its SMS messaging platform, Echovox boasts an impressive 99% opening rate, facilitating the delivery of hundreds of millions of secure messages annually to various sectors, including banks and e-commerce sites. Additionally, Echovox offers SMS 2-factor authentication tools via its API, ensuring enhanced security for businesses and their customers.Echovox generates revenue through its transactional services, which are structured around partnerships with various organizations, including media companies and e-commerce platforms. The revenue model encompasses different service offerings, such as carrier billing and SMS messaging, which may involve client agreements based on usage levels or fixed subscription fees. For instance, clients leveraging the SMS messaging service may incur costs based on the volume of messages sent, while businesses utilizing SMS authentication tools can benefit from a pay-per-use pricing structure. This transactional framework allows Echovox to maintain a steady income stream while enhancing customer engagement for its clients through effective communication solutions. The company is currently designing upcoming products in SMS authentication and carrier billing enhancements, aiming for release within the next 18 months. There are specific plans to penetrate emerging markets in Asia and Africa by 2025, capitalizing on the growing demand for mobile payment solutions.
Who invested in Echovox
2 investors across 2 rounds
See all investors in Echovox
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Echovox
Who invested in Echovox?
Echovox has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Echovox raised?
Echovox has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Echovox last raise money?
Echovox's most recent round on record is a Series B, in Feb 2007.
What does Echovox do?
Founded in 2000, Echovox operates from Geneva, Switzerland, and specializes in mobile payment solutions.
Where is Echovox headquartered?
Echovox is headquartered in Geneva, Switzerland.
Which VCs invest in companies like Echovox?
Among active investors with capital left to deploy, Balderton Capital, Partech Partners, Seedcamp and Felix Capital back telecoms companies at Echovox's stage. Their profiles are linked below.
VCs backing telecoms startups at Series B
Raising like Echovox? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.