Simtex

About Simtex

Simtex, founded in 2018 by Barak Katz and Roei Schwartz, operates as a travel-tech company specializing in eSIM technology for global data roaming. The company provides a platform that aggregates cellular data plans from various providers, allowing travelers to purchase and activate data packages without needing a physical SIM card. It serves both individual travelers and business clients, offering data-only plans for over 190 destinations.

The business model is centered on providing pre-paid, data-only eSIMs through its website and partnerships. Customers can choose plans based on destination, data allowance, and duration. Activation is managed by scanning a QR code, which installs an eSIM profile on a compatible device, providing internet access upon arrival at the destination. The company has established partnerships with over 50 brands in the travel and tourism industry to expand its reach.

Simtex is headquartered in Tel Aviv, Israel, and also has offices in the United Kingdom. The company has raised funds through equity crowdfunding, securing $1.85 million in a round in April 2021. The platform is designed to offer a more convenient and often more affordable alternative to traditional data roaming charges, targeting frequent travelers, digital nomads, and business professionals.