Berlin-based Everphone secured a staggering €270 million in Series D funding. With a mission to combat e-waste, Everphone's Device-as-a-Service platform champions the circular economy, reshaping the future of corporate smartphones and tablets.
In a bid to redefine our tech-driven landscape sustainably, Everphone, the Berlin-based Device-as-a-Service (DaaS) platform, has successfully raised €270 million in Series D funding. Spearheading a green revolution in the corporate tech arena, Everphone is set to expand its innovative circular model, addressing the mounting e-waste crisis associated with smartphones.
Everphone's journey began in 2016 when founder Jan Dzulko, previously an executive at CHECK24, experienced the frustrations of a broken phone display and dissatisfied phone insurance users. Recognizing the need for a more customer-friendly and efficient solution to smartphone problems, Dzulko laid the foundation for Everphone, driven by a vision of sustainable device management.
Everphone offers a comprehensive solution for companies managing smartphones, tablets, and laptops. Catering to startups, SMEs, and global enterprises, Everphone handles everything from procurement to device return, alleviating the burden on internal IT departments. Beyond streamlining operations, the platform significantly reduces CO2 emissions and waste, championing a circular economy for electronics.
Securing €270 million in Series D funding marks a significant milestone for Everphone. The round, led by new investors such as Citigroup, Phoenix Insurance, and KfW, with participation from Capnor, Cadence Growth Capital, and other existing supporters, propels Everphone toward integrating an additional one million users into its circular Device-as-a-Service model.
As Everphone pioneers a sustainable shift in the tech paradigm, the €270 million funding injection serves as a testament to the company's resilience and commitment to fostering eco-friendly device management. With a focus on proactive growth and an eye on internationalization, Everphone is not just meeting industry challenges but is poised to set new standards in the corporate tech world. Founder Jan Dzulko's personal investment in this round underscores the confidence in Everphone's team, service, and the exciting journey toward a €100 million revenue milestone. As Everphone charges ahead, the funding not only propels its vision but also sets the stage for a transformative era in tech sustainability.
