eSIM startup Truely raises US$3.5M to give Airalo a run for its money

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eSIM startup Truely raises US$3.5M to give Airalo a run for its money - e27

Quick Summary:

Truely, a travel eSIM provider headquartered in Singapore, has completed a US$3.5 million round of financing led by 1982 Ventures and with participation from Beenext and Kopital Ventures.

It eliminates the need for physical SIM cards and associated clutter, expiring and overlapping plans, and expensive roaming charges.

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, also co-invested.