# Onoff Telecom

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/onoff-telecom

- Industry: Software
- Headquarters: Paris, France
- Website: www.onoffapp.com
- Total disclosed funding: $12M
- Latest round: Series A (Dec 19, 2019)
- Investors on record: 7

## About

Onoff Telecom SAS provides a mobile application that allows users to manage multiple phone numbers seamlessly, catering to professionals and individuals with diverse communication needs.Founded in 2014, Onoff Telecom SAS is headquartered in Paris, France. The company specializes in mobile telecommunications, providing users the ability to utilize multiple phone numbers through a single application. Taig Khris, who also serves as the CEO, has been instrumental in the company's growth. In December 2019, Onoff raised EUR 5 million in a Series A funding round from investors including Breega and Idinvest Partners, bringing the total amount raised by the company to EUR 5 million. The most recent deal occurred on December 19, 2019.Onoff Telecom offers a mobile application designed to provide users with multiple phone numbers, eliminating the need for extra SIM cards. This service is ideal for professionals and individuals requiring distinct lines for personal and business communications. Features include integrated voicemail, contact synchronization, VoIP and GSM calling, and customizable settings for user convenience. The app is available on both iOS and Android platforms, primarily targeting the European market, especially France and Estonia, to address diverse telecommunication requirements efficiently.In 2023, Onoff Telecom generated revenue of EUR 20,739,926.40, with an EBITDA of EUR 1,709,596.90. The company follows a subscription-based model, offering various pricing tiers and packages to accommodate its customers' communication needs.With the funding raised in December 2019, Onoff Telecom plans to enhance its application by developing new features aimed at improving user experience. The company also intends to expand its market presence beyond France and Estonia to other European countries by 2025. The recent funding will support these expansion efforts and the development of upcoming product enhancements.

## Funding rounds

- Series A, Dec 19, 2019, $5.5M — Idinvest Partners, Breega, OneRagtime, Objectif Innovation Patrimoine N°7
- Series A, Apr 16, 2018, $6.7M — Idinvest Partners, Noshaq, Breega, OneRagtime, LeanSquare
- Seed, Dec 1, 2016 — IronCapital

## Investors

- IronCapital (https://capitalatlas.ai/funds/ironcapital) — Seed
- Idinvest Partners (https://capitalatlas.ai/funds/idinvest-partners) — Series A
- Noshaq (https://capitalatlas.ai/funds/noshaq) — Series A
- Breega (https://capitalatlas.ai/funds/breega) — Series A
- OneRagtime (https://capitalatlas.ai/funds/oneragtime) — Series A
- LeanSquare (https://capitalatlas.ai/funds/leansquare) — Series A
- Objectif Innovation Patrimoine N°7 — Series A