RebTel Networks AB

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RebTel Networks AB - overview

Established

2006

Location

Stockholm, -, Sweden

Primary Industry

Telecoms

About

Rebtel Networks AB specializes in international telecommunications, providing cost-effective calling services that connect users globally. Their offerings include subscription-based plans and flexible pay-as-you-go options. Rebtel Networks AB, founded in 2006, operates from Stockholm, Sweden, focusing on affordable international calling solutions. The company was established by Hjalmar Winbladh, who has a history of entrepreneurship in the tech space.


In June 2018, Rebtel raised USD 8 mn in venture funding from Balderton Capital, Index Ventures, and other investors, marking a significant milestone for the company. The total amount raised to date is USD 8 mn from 2 deals by 2018. Rebtel offers a range of international calling services designed for reliable and affordable communication. Their key product is an app enabling unlimited calls to over 50 countries for a monthly fee of USD 12.


In addition, customers can choose pay-as-you-go options, such as 20 minutes for USD 5 or 60 minutes for USD 1, catering to diverse user preferences. Their services target individuals and families, particularly expatriates and travelers, ensuring accessibility across numerous markets, including India, Nigeria, Cuba, and the United States. In 2023, Rebtel reported a revenue of USD 145. 08 mn, with an EBITDA of USD 14.


35 mn. The company's revenue model is driven by subscription services and usage-based pricing, allowing users to select monthly plans or purchase calling minutes as needed, thus catering to a wide range of customers. Rebtel aims to enhance its product offerings by developing new features and services to meet evolving customer needs. The company plans to expand into additional international markets, although specific regions and timelines have not been disclosed.


The recent funding of USD 8 mn obtained in June 2018 will support these initiatives, allowing Rebtel to further innovate and reach a broader audience.


Current Investors

Benchmark, Index Ventures, Balderton Capital

Primary Industry

Telecoms

Sub Industries

Telecoms Providers & Services

Website

www.rebtel.com

Verticals

Mobile Apps

Company Stage

Series A

Total Amount Raised

Subscriber access only

RebTel Networks AB - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedSinch AB-

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