What is Devyce?
Devyce is a UK-based company founded to address the frustrations businesses face with traditional mobile handset procurement for employees. The company offers a cloud-based phone system designed for small and medium-sized businesses, emphasizing ease of setup, use, and scalability. Devyce's vision is to provide a fully accessible, transparent, and collaborative mobile and landline number solution, enabling businesses to transition to a modern, cloud-native communication infrastructure.
How much funding has Devyce raised?
Devyce has raised a total of $2.7M across 1 funding round:
Angel/Seed
$2.7M
Angel/Seed (2023): $2.7M with participation from Y Combinator, FoundersX Ventures, and Garage Capital
Key Investors in Devyce
Y Combinator
Y Combinator is a renowned startup accelerator and seed funding provider, established in 2005, known for its role in nurturing early-stage technology companies.
FoundersX Ventures
FoundersX Ventures is an AI-focused venture capital firm that specializes in early-stage investments across enterprise SaaS, Fintech, and digital health, leveraging deep research and a global network.
Garage Capital
Garage Capital is a venture capital firm that supports Canadian and Y Combinator startups in their transition from early-stage development to growth, providing operational expertise and investment.
What's next for Devyce?
The recent major strategic investment in Devyce signals a pivotal growth phase for the company. This capital infusion is expected to fuel further development of its cloud-based phone solutions and expand its market reach within the SME sector. Devyce is poised to enhance its offerings, potentially integrating more advanced communication features and solidifying its position as a key player in the business telecommunications market.
See full Devyce company page
