
Sweet
closedA platform that makes mobile internet affordable with app-based pricing.
Date | Investors | Amount | Round |
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- | investor investor investor investor | €0.0 | round |
investor investor | €0.0 | round | |
investor investor investor investor investor investor investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
investor investor investor investor investor investor investor investor investor | €0.0 | round | |
N/A | N/A | Seed | |
Total Funding | 000k |
Sweet, founded in 2019 by CEO Hunter Rosenblume, operated as a mobile service with a mission to provide more accessible and affordable phone plans for everyone. The company positioned itself as a modern phone service that worked for its customers by finding them better plans and lower bills.
The business model centered on a mobile application available on both iOS and Android. Through the app, users could sign up in a few minutes and receive a personalized phone plan recommendation. Sweet's main value proposition was simplifying the process of switching carriers. A feature called the "1-Tap Switch" tool facilitated the connection with a user's existing provider, including major national networks, to confirm the new service. The platform emphasized transparency, allowing users to see the new price, check device compatibility, and review coverage plans before making a commitment. Notably, the service required no contracts, commitments, or credit checks.
Sweet acted as an intermediary, handling the work of finding the best deals for consumers while the major networks continued to provide the actual network infrastructure and service. This approach targeted individuals frustrated with the complexity and cost of traditional phone plans. The company also offered a 30-day refund policy if users were not satisfied with their new service, underscoring its focus on customer satisfaction.
However, as of August 15th, 2020, Sweet ceased operations. The shutdown, which also included its sub-brands like Lunar Wireless, was a direct result of a dramatic increase in wholesale rates following mergers within the telecommunications industry. The leadership team decided to shut down the service rather than pass the increased costs on to their customers.
Keywords: mobile service, phone plans, carrier switching, cost savings, mobile virtual network operator, telecom service, affordable phone service, no-contract phone plans, mobile app, Hunter Rosenblume, phone bill savings, 1-Tap Switch, plan comparison, mobile plan marketplace, telecommunications, consumer savings, iOS app, Android app, phone service deals, Lunar Wireless