# Swipe Telecom

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

- Industry: Telecoms
- Headquarters: Sacramento, US
- Website: www.swipetelecom.com
- Total disclosed funding: $10M
- Latest round: Series A (Jul 25, 2012)
- Investors on record: 1

## About

Swipe Telecom is a telecommunications company that provides innovative voice and data solutions, including VoIP services and high-speed internet, catering to both individual and business customers across North America and Europe.Swipe Telecom operates in Sacramento, US, and specializes in telecommunications services. Founded by industry veterans, the company has not reported any pivots or changes in strategy. In April 2014, Swipe Telecom raised INR 300 million from Kalaari Capital, marking its most recent funding round and bringing the total amount raised to INR 300 million. The company has executed 2 deals to date.Swipe Telecom specializes in telecommunications services offering voice and data solutions for businesses and individual consumers. Their core products include high-speed internet access, VoIP services, and mobile connectivity, aimed at enhancing communication for small to medium-sized enterprises, large corporations, and residential customers across North America and Europe. The launch of their flagship VoIP service in 2022 marked a notable addition to their offerings, integrating seamlessly with existing technologies.Swipe Telecom generates revenue primarily through subscription models and direct sales to B2B and B2C clients. Their pricing structures include tiered options based on usage and features. For businesses, comprehensive packages bundling internet and VoIP services are available, while individual consumer plans cater to mobile and home internet needs. By collaborating with retailers and resellers, Swipe Telecom broadens its market reach, ensuring accessibility of its products to a wider audience.Swipe Telecom plans to utilize the recent INR 300 million funding raised in April 2014 to accelerate product development and market expansion. The company is currently designing new service solutions, with plans to launch them by the end of 2024. Additionally, Swipe Telecom intends to expand into new markets in Asia and further strengthen its presence in Europe by 2025, aligning its offerings with local demands and regulations.

## Funding rounds

- Series A, Jul 25, 2012, $10M — Mantra Ventures

## Investors

- Mantra Ventures (https://capitalatlas.ai/funds/mantra-ventures) — Series A