Braid raised $38 million in Series A funding to simplify enterprise mobile connectivity through its API-based platform. Launched in 2023, the company helps businesses integrate SIM services into digital products. Founder Jignesh Dave said, “I realised we weren’t really selling SIM cards. We had built the infrastructure that makes connectivity accessible.”
The Hague, November 02, 2026: Introducing mobile connectivity services has traditionally required businesses to navigate lengthy carrier negotiations, regulatory procedures and infrastructure arrangements. Netherlands-based technology company Braid is seeking to simplify this process through an API-driven platform that allows enterprises to integrate connectivity into their existing digital products.
The company has raised $38 million in Series A funding led by Octopus Ventures, with participation from KPN Ventures, the strategic investment arm of Dutch telecommunications operator KPN.
Launched in 2023, Braid has secured its first external investment after operating without outside capital. The company said it is profitable and cash-flow positive, with close to 90 enterprise customers, including major global fintech and travel brands.
The funding will support international expansion, additional carrier partnerships and continued development of its embedded connectivity infrastructure.
Replacing lengthy telecom integration processes
For enterprises seeking to introduce mobile connectivity, conventional arrangements can involve carrier negotiations lasting three to six months, alongside procurement procedures and regulatory filings.
Braid addresses these requirements through a connectivity orchestration platform that provides access to more than 600 carriers across over 200 countries using a single application programming interface (API).
The platform enables businesses to integrate SIM and eSIM connectivity directly into applications through APIs or software development kits (SDKs). Enterprises can also establish fully branded connectivity storefronts without dedicated engineering development.
According to Braid, businesses can initiate a live trial within three minutes, while a branded mobile connectivity offering can be launched in as little as one week.
The company operates as an infrastructure provider rather than a consumer-facing telecommunications operator, enabling enterprises to introduce connectivity services under their own brands.
Connectivity as part of digital services
Braid's technology is designed for businesses seeking to incorporate mobile connectivity into existing customer experiences.
Travel companies can integrate connectivity into flight bookings, allowing customers to access mobile services during international journeys. Financial institutions can include connectivity in customer reward programmes, while sports organisations can extend similar services to supporters travelling abroad.
The company believes these applications can help enterprises develop additional revenue opportunities while strengthening customer engagement and retention.
Jignesh Dave, Founder and CEO of Braid, said: “I spent 18 months and half a million euros just to sell my first SIM card, and that is why Braid exists. After seven years running a mobile virtual network, I realised we weren’t really selling SIM cards. We had built the infrastructure that makes connectivity accessible to everyone. Amazon built AWS to power its own business and found it could power everyone else’s, and it was the same for us. Today a business can start in three minutes. And when brands make connectivity part of their customer experience, they unlock something far more valuable: stronger relationships, greater loyalty and new revenue.”
Building on telecommunications experience
Before founding Braid, Dave worked in banking across the United Kingdom and South Africa, including at Lloyds. He subsequently founded and operated a mobile virtual network operator for seven years.
Reinout van Ierschot, Executive Vice President of Wholesale at KPN, said the platform enables enterprises to integrate connectivity through a single API, reducing operational complexity and accelerating time to market.
Formerly known as Next Communications, Braid is headquartered in The Hague. The company intends to use its latest investment to expand internationally and strengthen the infrastructure supporting enterprise-led mobile connectivity services.