OXIO

Telecom-as-a-Service platform for wireless services

Mexico City, Mexico

About OXIO

OXIO provides a platform called Telecom-as-a-Service (TaaS) that enables businesses, brands, and mobile network operators (MNOs) to offer wireless services without needing to build extensive infrastructure. This platform is cloud-native and programmable, allowing clients to launch and manage mobile services efficiently. OXIO's primary clients include enterprises and developers who want to quickly innovate and test new products, especially those requiring global connectivity for Machine-to-Machine (M2M) and Internet of Things (IoT) devices. Clients can use OXIO's fully documented API to integrate and deploy mobile services seamlessly. Unlike traditional telecom providers, OXIO offers a flexible and scalable solution that reduces the time and cost of telecom integration. The company's goal is to make telecom services accessible to a wide range of businesses, positioning itself as a key player in the global telecommunications market.

Mexico City, MexicoHeadquarters
2018Year Founded
$52.5MTotal Funding
SERIES_BCompany Stage
Data & Analytics, Automotive & TransportationIndustries
51-200Employees

Benefits

Incentive stock options
Health & dental insurance
401(k)
Life insurance
Offices in amazing cities with a remote friendly option as well

Risks

Increased competition from telecom giants could threaten OXIO's market share.
Potential regulatory changes in Mexico and the U.S. may impact operations.
The acquisition by Cogeco could lead to strategic shifts misaligned with OXIO's goals.

Differentiation

OXIO offers a unique Telecom-as-a-Service platform for brands and enterprises.
The platform unbundles mobile telecom infrastructure, providing custom networks in days.
OXIO's cloud-based solution enables full control and actionable intelligence for brands.

Upsides

OXIO's global expansion connects M2M and IoT devices across 800 networks.
The company saw a 48% increase in network traffic in 2023.
OXIO's partnerships enhance transaction efficiency and connectivity solutions in Latin America.

Funding

Total raised$52.53 M
Latest valuation$200.00 M
StageSERIES_B