# MAVOCO

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

- Industry: Software
- Headquarters: Eisenstadt, Austria
- Website: www.mavoco.com/
- Total disclosed funding: $11M
- Latest round: Series A (Feb 4, 2025)
- Investors on record: 2

## About

Founded in 2010 by co-founders Anton Cabrespina and Helmut Lehner in Eisenstadt, Austria, MAVOCO AG specializes in IoT connectivity management solutions. In February 2025, MAVOCO AG raised EUR 11 million in series A funding co-led by 3TS Capital Partners and red-stars.com data AG.
 
MAVOCO specializes in providing comprehensive software solutions designed for Internet of Things (IoT) connectivity management, primarily targeting Connectivity Service Providers (CSPs) and enterprises. Their core offering, the Connectivity Management Platform (CMP), enables Mobile Network Operators (MNOs), Mobile Virtual Network Operators (MVNOs), resellers, and operator groups to streamline their operations related to IoT connectivity. The CMP facilitates the management of SIMs across multiple carriers and countries, enhancing operational efficiency and providing advanced analytics for business insights. Additionally, MAVOCO offers tailored solutions for various sectors, including automotive, fleet management, smart metering, and the sharing economy, thereby addressing specific use cases such as real-time monitoring, secure payment processing, and smart energy management. The company's products are marketed globally, with particular focus on Europe and North America.

MAVOCO generates revenue primarily through subscription-based models and partnerships with CSPs and enterprises that utilize its Connectivity Management Platform. The business transactions typically involve tiered pricing structures based on the number of SIMs managed, the level of analytics provided, and additional services integrated into the platform.

The company plans to launch new products targeting an expanded suite of IoT solutions by late 2025, aiming to penetrate new European and North American markets by 2026.

## Funding rounds

- Series A, Feb 4, 2025, $11M — 3TS Capital Partners, red-stars.com data AG

## Investors

- 3TS Capital Partners (https://capitalatlas.ai/funds/3ts-capital-partners) — Series A
- red-stars.com data AG — Series A