oxio
closedTelecom-as-a-Service platform for custom mobile networks.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 | round | |
CAD25.0m | Series A | ||
| Total Funding | 000k | ||
Oxio provides a Telecom-as-a-Service (TaaS) platform that enables brands and enterprises to launch and manage their own mobile services. The company operates on a white-label model, offering a cloud-native, programmable system with open APIs that allows clients to create customized mobile and data plans without needing their own physical telecom infrastructure. This business model serves a range of clients, from retailers and fintech companies to M2M and IoT device providers, by allowing them to embed connectivity into their existing services.
The company's residential internet service was founded in Canada in 2017 by Marc-André Campagna and Francis Careau, officially launching in December 2019. It gained significant momentum after participating in the Y Combinator accelerator program. The company's separate TaaS platform, headquartered in New York, was co-founded by Nicolas Girard in 2018. In February 2023, the Canadian residential internet and television service operations of oxio were acquired by Cogeco Connexion, though it continues to operate as a distinct brand. Post-acquisition, the original Oxio entity shifted its focus to the growth of its TaaS software business, licensing its proprietary platform to other telecom companies, including Cogeco.
Oxio generates revenue by charging clients for access to its platform and APIs, which reduces the cost and time typically associated with traditional telecom integrations. For its TaaS clients, the platform provides business intelligence and subscriber insights to help them improve customer retention and revenue. The company has expanded its network globally, offering connectivity for M2M and IoT devices in over 180 countries through partnerships with around 800 networks. Key collaborations include agreements with AT&T in the U.S. and running its platform on Amazon Web Services (AWS) to ensure scalability.
Keywords: Telecom-as-a-Service, TaaS, white-label mobile service, MVNO enabler, programmable telecom, API-first, global connectivity, M2M connectivity, IoT solutions, cloud-native telecom, embedded connectivity, mobile network management, BrandVNO, BrandIQ, wholesale network, custom mobile plans, B2B telecom, digital telecom, multi-carrier network, connectivity platform
