J
Jola
Jola provide exceptional business communication solutions to UK SMEs
About Jola
Jola is a wholesale supplier of business communications, with a focus on mobile data SIMs for the Internet of Things (IoT), Machine-to-Machine (M2M), and mobile broadband. The company operates on a channel-only basis, selling its products and services to Managed Service Providers (MSPs), Internet Service Providers (ISPs), IT support companies, and telecommunications resellers. These partners then provide solutions to public sector organizations and enterprises.
Founded in April 2014 by a team including Andrew Dickinson, Adrian Sunderland, Antony Dearden, Lee Broxson, and Cherie Howlett, Jola was started with an initial investment of £50,000. The founding team had previously worked together at Griffin Internet, which they successfully grew before it was sold in 2012. Andrew Dickinson, a nearly 40-year veteran of the channel, served as the initial CEO, with Adrian Sunderland as CTO. In August 2023, Sunderland took over the CEO role, with Dickinson moving into an advisory position within the parent company.
Jola's business model is centered on recurring revenues from subscription-based services. The company's core product offerings include JolaMobile®, which provides a variety of M2M/IoT and mobile data SIM packages, and JolaNet®, offering 4G, broadband, and Ethernet connectivity. They also provide JolaPhone, a Broadsoft hosted telephony solution, and JolaCalls for SIP trunks and PSTN replacement. A key feature is the Mobile Manager portal, a unique platform that allows partners to monitor and manage large estates of SIM cards globally.
The company serves various vertical markets, including retail, transport, logistics, and security, providing connectivity for applications like digital signage, CCTV cameras, and alarm systems. In July 2022, Jola was acquired by Wireless Logic, a global leader in IoT and mobile data. The acquisition was intended to strengthen Wireless Logic's routes to market in the UK while allowing Jola to operate independently and benefit from the larger group's resources.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jul 2022 | $0 | — | Wireless Logic | ↗ |
| EARLY VC✓Equity / VC | Mar 2021 | $14M | $54M | Business Growth Fund | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Jola is 8.5K monthly website visits, up 203.6% over the last three months. Jola's team grew 27.5% over the past year.
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Investments and acquisitions
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Business Growth Fund
Other known investors1 additional known investor
Wireless Logic
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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