# Telethic

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/telethic-s-a-s

- Industry: Marketing/Advertising
- Headquarters: Paris, France
- Website: http://www.libon.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Sep 10, 2018)
- Investors on record: 1

## About

Telethic S.A.S. is a telecommunications company that specializes in providing international calling services and mobile top-up solutions for users across various regions.Founded in 2015, Telethic S.A.S. operates primarily from Paris, France, offering services that facilitate international communications. The company was founded by Arnaud Villenave, Fabien Thouny, Fabrice MASSON, Federico Cabiddu, and Julien Hodara, who serves as the CEO. In September 2018, Telethic S.A.S. raised EUR 900,017.84 in SEED funding led by A Plus Finance, bringing the total amount raised to EUR 900,017.84 with a current company valuation of EUR 2.65 mn.Libon offers a suite of communication services focusing on international calls and mobile top-ups for credit, internet, and electricity. The Libon application enables users to connect across more than 160 countries at competitive rates, catering to individuals wishing to maintain long-distance relationships. The app is compatible with both iOS and Android platforms, targeting a diverse customer base including expatriates and migrant workers in regions such as Africa, the Middle East, and Europe.Libon generates revenue through the sale of calling minutes, mobile credit top-ups, and utility payments via its application. Customers can make purchases through in-app transactions or at designated points of sale. This revenue model focuses on direct-to-consumer transactions, offering flexibility and competitive rates for international communications, with a flagship offering in affordable and reliable international call services.In September 2018, Telethic S.A.S. secured EUR 900,017.84 in funding to enhance its service offerings. The company plans to launch new features in its application aimed at improving user experience and expanding into additional geographic markets. Specific targeted regions include further penetration into Africa and the Middle East, with an aim to solidify its presence by 2023. This funding will be instrumental in supporting these strategic initiatives and expanding their service portfolio.

## Funding rounds

- Seed, Sep 10, 2018, $1.1M — A Plus Finance

## Investors

- A Plus Finance (https://capitalatlas.ai/funds/a-plus-finance) — Seed