Roamless, a travel connectivity platform known for its eSIM technology and pay-as-you-go model, has raised a $5 million investment led by Shorooq Partners, a leading investment firm in the Middle East and North Africa. Paribu Ventures, Deba Ventures, Revo Capital, and Finberg participated in the round, Shorooq Partners’ first venture into Türkiye’s tech ecosystem.
Emre Demirel, co-founder and CEO of Roamless, expressed his enthusiasm about the partnership, saying, “We are grateful for the support of Shorooq Partners and our other investors. This investment will help us accelerate our mission of leading a digital transformation in the telecom industry, providing seamless connectivity for travellers worldwide.”
Roamless provides travellers greater flexibility and accessibility, unlike traditional eSIM solutions with high roaming charges and expiring plans. Since its public beta launch in October 2023, Roamless has gained nearly 100,000 users by offering uninterrupted internet and international calling in 150 countries.
Mahmoud Adi, founding partner of Shorooq Partners, emphasised the strategic importance of this investment, stating, “Roamless’s innovative approach to connectivity aligns with our vision of fostering ventures that redefine traditional models. This investment reflects our confidence in Roamless’s potential and our commitment to nurturing Türkiye’s burgeoning tech ecosystem.”
Roamless has received widespread recognition for its innovative approach to travel connectivity. The diverse group of investors highlights Roamless’s potential to serve a global audience and shape the future of travel technology.
Cenk Bayrakdar, founding partner and managing director of Revo Capital, noted the rapid growth potential of eSIM technology, which is driven by increasing customer awareness. “We trust in the high motivation and expertise of the Roamless founding team in telecommunications and software and are excited to support their growth journey,” he said.
With expertise in fintech, platforms, software, gaming, and Web 3.0, Shorooq Partners continues to support visionary startups and propel them toward success.
Utku Dorduncu, director at Paribu Ventures, added, “Roamless’s strong founding team, advanced infrastructure, and highly differentiated eSIM product make it an excellent fit for our investment strategy.”
