Everphone Secures € 270M in Financing; Raises Series D Financing

Everphone, a Berlin, Germany-based Device-as-a-Service platform for corporate smartphones and tablets, secured €270m in financing.

Backers included Citigroup, Phoenix Insurance, and KfW.

In addition, the company secured equity in the Series-D financing round from Capnor and their partner Calista, as well as from existing investors including founder Jan Dzulko himself, Cadence Growth Capital, signal ventures, and Alleycorp.

The company intends to use the funds to further strengthen its position as a global leader as a Device-as-a-Service platform, preparing for international expansion and achieving profitability. 

Founded by Jan Dzulko in 2016, Everphone is the one-stop solution for company smartphones and tablets. The company handles everything from sourcing, configuration, device administration, security as well as the handling of broken devices and returns for companies and organizations. Everphone already manages more than 350,000 devices for more than 1,000 companies, among them international consulting firms and multiple DAX companies.

The company employs about 300 people in Berlin, Munich (both Germany), and Miami, Florida. In 2023, Everphone increased its revenue to over € 75m and doubled its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) to € 30m. This strategic capital infusion will enable Everphone to not only continue increasing revenue but also

FinSMEs

22/01/2024