Singapore-based Truely, Redefining global connectivity one travel eSIM at a time has raised US$3.5 million in funding led by 1982 Ventures with participation from Beenext, and Kopital Ventures.
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The round also saw participation from the founding team members and various strategic angel investors, including JJ Chai (ex-AirbnB), Kum Hong Siew (ex-Airbnb), HY Sia (Founder of Tranglo), Mohammad Gharaybeh, Qin En Looi, Eric Dadoun, and Gilbert Relou, among others, according to a statement.
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“We created Truely with user experience at its core—understanding that incumbent options lacked user-friendliness and depend on burner eSIMs. Our flexible and affordable packages offer best-in-class coverage at affordable prices, while also achieving maximum ease of use,” said Simon Landsheer, Founder and CEO, Truely.
Truely was built by seasoned startup founders and is backed by some of the best Venture Capitalists in the world. The growing team is composed of telcom, travel, tech, and marketing experts from all over the globe.
Truely intends to produce further products and services along with B2B2C services intended for large travel operators, airlines, airports, over-the-air carriers, and service providers with the funds raised in this round of funding.
Despite having its headquarters in Singapore, Truely said that it maintains ties to its Indonesian heritage by running a round-the-clock customer service and operation center in Bali, where it employs a group of twenty Indonesian professionals in marketing, finance, customer service, and human resources. This center is crucial to Truely’s ability to support its global operations.
About Truely
eSIM startup Truely eSIM aims to be the lightest thing you pack for your travels. Our Travel eSIM gives you access to the best local data rates from anywhere worldwide. There is no need to SIM switch nor worry about spending on roaming charges ever again. Available in 200+ destinations, we partner with the top network providers to ensure smooth and seamless connectivity throughout your trip. Whether you’re a digital nomad in Bali or a honeymooner in Italy—we’ll have a data plan customizable for your type of journey.
