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Ex-Expedia and Apple execs back Paris-based Kolet in €9M round to kill roaming headaches for travellers
- French startup Kolet secures €9M in Series A funding led by Daphni for its digital eSIM connectivity platform aimed at travellers.
- Kolet, founded in Paris in 2024, has now raised a total of €14M across two funding rounds to enhance its services, launch freemium offers, and expand its team.
- The funding round saw participation from former Expedia Group CEO Peter Kern and ex-Apple VP of Marketing Jon Gieselman, among others, with additional funding from Bpifrance.
- Kolet has partnerships with Air France, KLM, Kiwi.com, Exoticca, and Wego, attracting 300,000 travellers in its first year with high app store ratings.
- Kolet's fully digital eSIM technology offers mobile connectivity in over 190 countries starting at €3.99 for 1GB, addressing the €15B mobile roaming market.
- The startup differentiates itself through a B2B2C model and aims to reach 1 million users by leveraging partnerships in the travel industry.
- Lead investor Daphni emphasizes Kolet's potential in simplifying traveller experiences and sees growth opportunities in the solution's adoption by partners like Kiwi.com.
- Kolet's roadmap includes expansion plans and leveraging its team's expertise in travel technology and telecommunications to bridge connectivity gaps in the industry.
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