Tech Company Financing Transactions
OXIO Funding Round
OXIO closed a $40 million Series B funding round on 3/16/2022. Investors included ParaFi Capital, Ascend Venture Group and Atlantico Capital.
Transaction Overview
Company Name
Announced On
3/16/2022
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Investors
ParaFi Capital (Lead Investor) (Ryan Navi)
private investors (Allan Green)
Proceeds Purpose
The company also plans to expand into new markets in LATAM, most notably Brazil, LATAM's largest phone market with over 250 million mobile users. Funding will also be used to grow the company's team in the U.S. and Mexico, starting with senior roles in revenue and in finance alongside aggressive hiring in product and engineering.
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
5 West 19th St. 2C
New York, NY 10011
USA
New York, NY 10011
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Mobile telecom is in the midst of being transformed and reshaped for the next decade. OXIO built the first platform of its kind to reinvent the asset-light carrier model (carrier-as-a-service) to enable brands to natively offer wireless connectivity to their users and customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nicolas Girard
Chief Financial Officer
Julien Auchecorne
Chief Information Officer
Pierre Steckmeyer
Chief Marketing Officer
Gustavo Andriani
VP - Bus. Development
Jason Evans
VP - Customer Service
Gilles Louwerens
VP - Engineering
Xavier Vautier
VP - Product Management
Elliot Chen
VP - Sales
Jeroen Hoevenberg
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