Simtex

Company Overview

Snapshot

Founded in February 2018 by Roei Schwartz and Barak Katz, Simtex operates with 1–10 employees. The company has secured funding across two rounds from two investors.

Business overview

Simtex offers a platform that leverages eSIM technology to streamline cellular and mobile data acquisition for travelers. The company's solution aggregates all available providers in a destination country, allowing users to easily select and purchase data packages without needing physical SIM cards. Simtex aims to provide a fast, secure, and accessible internet connection by enabling users to simply scan and connect. It operates within the Business Software sector, serving the tourism and travel industries with its mobile applications and telecommunication services.

Strategic signal

In November 2025, news reports indicated that Simtex investors learned the true scope of a deal, which was significantly smaller than what had been publicly touted. This suggests potential discrepancies in public disclosures versus actual financial outcomes, raising questions about transparency and investor relations for the company.

Company Intelligence Q&A

What is Simtex's core offering?

Simtex provides a platform that utilizes eSIM technology to simplify global roaming data for travelers, allowing them to easily select and purchase mobile data packages without physical SIM cards.

When was Simtex founded and by whom?

Simtex was founded in February 2018 by co-founders Roei Schwartz and Barak Katz.

What recent news has impacted Simtex?

In November 2025, it was reported that Simtex investors discovered a deal was significantly smaller than publicly advertised, indicating potential issues with financial transparency.

What is Simtex's primary market focus?

Simtex primarily focuses on the tourism and travel industries, providing solutions for mobile devices and telecommunications to consumers globally.