Funding

[Funding alert] Berlin-based Everphone Raises €270Million in Series D Round Funding

Jan 17, 2024 | By Startup Rise EU

Berlin-based Everphone raises €270million in series D round funding. from Capnor and their partner Calista, as well as from existing investors including Cadence Growth Capital and founder Jan Dzulko himself.

Berlin-based Everphone raises €270million in series D round funding from Capnor and their partner Calista, as well as from existing investors including Cadence Growth Capital and founder Jan Dzulko himself.

Existing investors like Cadence Growth Capital, signal ventures, and Alleycorp continue as reliable and strong partners, firmly supporting Everphone’s growth ambitions. This further strengthens Everphone’s position as a global leader and the most sustainable Device-as-a-Service platform.

Read also - Pet-Wellness Company Jampy Secures €1 Million in Pre-Seed Funding

This strategic capital infusion will enable Everphone to not only continue increasing revenue but also prepare for international expansion and achieve profitability.

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Expanding Technological Advantage: Everphone is dedicating a substantial part of its capital to simplify the complexity of working devices and their operation for major clients.

Read also - Barcelona-based Delfos Secures €6.3 Million in Seed Funding

This includes expanding the Everphone platform by up to 1 million additional devices, internationally in Europe and the USA. The focus is also on tapping new commercial user groups and enhancing API capabilities for Business Intelligence and ESG data provision.

Jan Dzulko, founder and CEO of Everphone"I am pleased that despite global economic challenges, we have continued to grow, proving that we have created a resilient business model. We are focused on proactive growth, and our success is reflected in the satisfaction of our customers and employees. Our next goal is to reach the € 100 million revenue mark. Additionally, the influx of renowned investors prepares us for the next step towards internationalization in Europe and the USA. I am so confident in our team, service, and especially future growth that I have personally invested in this round of financing as a founder.”

Dr. Veronika von Heise-Rotenburg, CFO and Managing Director of Everphone, said “We look back on the most successful year in Everphone’s history and are rapidly approaching our targeted profitability. Our focus on healthy and sustainable growth has paid off and will continue to guide us.”

About Everphone

Everphone is the one-stop solution for company smartphones and tablets. As pioneer and leading Device-as-a-Service provider, Everphone handles everything from sourcing, configuration, device administration, security as well as the handling of broken devices and returns for companies and organizations.

Read also - German Wastewater Recycling Company Membion Secures €5 Million in Funding

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