SOLD
General Catalyst Leads $11.5 Million Seed Round In Business Telecommunications Startup A1mobile
Building Size
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Asset Type
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Closing
Jul 6, 2026
AI
a1mobile has raised an $11.5 million Seed round led by General Catalyst to reinvent business telecommunications. The company plans to launch with business landline customers, aiming to unite mobile, landline, and AI-powered phone systems into a single carrier tailored for the AI era.
Summary of transaction details:
- Deal Type: Seed
- Transaction Amount: $11,500,000
- Company: a1mobile
- Founder: Darryl Foong
- Headquarters: San Francisco, California
- Notable Investors: General Catalyst, Menlo Ventures, SV Angel, Commerce Ventures, Axiom Partners, Streamlined, Penny Jar Capital, Revo Capital, Exceptional Capital, Perceptive Ventures, Gokul Rajaram, Ahmet Bahadir Ozdemir, Manoj Soundararajan
The investment aims to enable phone numbers to offer more than just call connections by enhancing customer service experiences for businesses. Notable investors backing this initiative include well-known firms and industry figures focused on innovative telecommunications solutions.
Players
Market CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93