• Qatar’s Rasmal Ventures led a USD 12M Series A in US-headquartered Roamless, joined by Shorooq, Revo Capital, Finberg, and JIMCO.
• Roamless offers a single global eSIM with pay-as-you-go and trip-based plans across 200+ countries, managing connectivity via its own infrastructure.
• The funding will expand network coverage, launch local Roamless Numbers, embed AI features, and scale B2B and global customer support efforts.

Rasmal Ventures

Independent Qatari venture capital company, Rasmal Ventures, led a USD 12 million Series A funding round in US-headquartered Roamless. The round also saw participation from Shorooq, Revo Capital, Finberg, and JIMCO.

Founded in Turkey in 2023 by Emre Demirel, Ali Gazioglu, Asim Alp, Selim Aykut, Cagdas Yalti, and Cengiz Oztelcan, Roamless is a global connectivity provider. It offers a borderless mobile connectivity platform built around a single eSIM intended to work across multiple countries.

eSIM

It provides a ‘Single Global eSIM’ with pay-as-you-go and trip-based plans across 200+ countries. It is designed to keep travellers connected without changing SIM cards. Unlike other eSIM platforms that bundle third-party eSIMs, Roamless operates its own telecom infrastructure. This cloud-based infrastructure allows the company to manage connectivity across hundreds of networks as one single experience. This supports cross-border coverage and intends to enable it to offer more than data-only plans. It also gives it more control over the customer experience than a resale model.

Looking forward, with the funding, it aims to expand its network coverage. It also seeks to scale its global go-to-market and customer support efforts and deepen supplier and corporate partnerships. Additionally, it plans to launch Roamless Numbers, which would allow users to obtain local numbers in more than 20 countries. This would allow users to make calls or send and receive SMS within the app.

The global connectivity startup also seeks to invest in APIs and B2B solutions. This is so that airlines, airports, online travel agencies, financial institutions, and superapps can embed connectivity into their customer experience. It also seeks to embed AI-driven features aiming to improve network quality, lower costs, and narrow down relevant partner offers.