RiPSIM Technologies has patented what it calls the world’s first end-to-end, cloud-native eSIM-as-a-Service management platform, enabling service providers to design, create and distribute eSIMs at any time, in any quantity and at GSMA-certified security levels. The microservices-based software gives carriers full control over credentialing, allowing faster, more secure subscriber authentication and on-demand service provisioning. As eSIM penetration is projected to climb from 20 % to more than 70 % of devices within five years, RiPSIM positions its technology to meet the resulting demand for large-scale credential delivery. The company’s intuitive interfaces are designed to let users of any skill level automate eSIM workflows and reduce operating expenses. Strategic collaboration with Swisscom AG will integrate RiPSIM’s platform into Swisscom’s telecom services, broadening enterprise reach. The new capital will be used to scale the platform globally and accelerate adoption among carriers and private network operators.

Total raised

$5M

Funding rounds

3

Latest round

Seed

Latest activity

Oct 2024