Braid Raises $38M Series A

Braid, based in The Hague, is a global orchestration platform that enables enterprises to integrate branded mobile connectivity into their own products. The company has raised $38 million in Series A funding to scale its operations. Launched in 2023, Braid has achieved profitability and cash-flow positive status prior to this funding round.

Investors

The round was led by Octopus Ventures, with participation from KPN Ventures.

Braid Use of Funds

The company plans to use the new capital to accelerate its international expansion, deepen its carrier network, and continue building out the infrastructure required to capture more market share in the embedded connectivity sector.

About Braid

Founded in 2023 by CEO Jignesh Dave, Braid is a technology company that enables enterprises to integrate branded mobile connectivity directly into their products and customer experiences. Its platform provides a single API to orchestrate more than 600 mobile carriers across over 200 countries, allowing businesses to offer SIM and eSIM services under their own brands without becoming telecommunications operators.

Funding Details

Company Website: https://www.nextcommunications.io/

Company: Braid
Raised: $38M
Round: Series A
Funding Date: October 29, 2026
Lead Investor: Octopus Ventures
Additional Investors: KPN Ventures
Software Category: Embedded Connectivity / Infrastructure
Source: https://www.nextcommunications.io/seriesa/