Devyce, a London, UK-based SaaS company that provides digital phone numbers to multinational businesses, closed a $2.7m (£2.2m) seed funding round.
The round was led by Y Combinator with participation from Garage Capital (backers of Substack and Vendr) and FoundersX Ventures (investors behind Moonshot Brands), and individual investors John Kim, founder & CEO of Sendbird, and Ryan Chan, founder & CEO of UpKeep.
The company intends to use the funds to bring its product into new European markets and expand its product engineering team.
Founded in 2020 and led by Nick Browne and Edward Clayton, Devyce supplies businesses of all sectors and sizes with mobile phone numbers that can be used by their employees anywhere in the world using WiFi or mobile data. A business customer assigns Devyce phone numbers to employees that they can use on their personal handsets. This reduces the burden of managing multiple work phone numbers, contracts and handsets for employees who might be located all over the world, while still enabling businesses to see call stats, analyse staff performance and integrate AI-generated call summaries into their CRMs. Devyce phone numbers can be silenced outside of work hours and have their own voicemail systems, helping employees keep their personal and work lives separate without having to charge and carry two handsets.
Devyce’s customer base includes billion dollar global companies with established hybrid or remote working policies and 5,000 employees located in more than 100 countries worldwide.
The company is a ‘graduate’ of Y Combinator’s Summer 2022 accelerator cohort, and is headquartered in London with a team of 11 based throughout Europe.
FinSMEs
28/02/2023