What is Everphone?
Everphone operates at the intersection of hardware-as-a-service and enterprise mobility, providing a comprehensive solution for companies to rent and manage mobile end-user devices. By streamlining the procurement, deployment, and lifecycle management of smartphones and tablets, Everphone addresses the growing complexity of corporate IT infrastructure. The company's business model effectively shifts the burden of device management from internal IT departments to a centralized, service-oriented platform, thereby enhancing operational efficiency and reducing capital expenditure for its corporate clientele. As a leader in the Phone-as-a-Service category, Everphone is uniquely positioned to capitalize on the shift toward flexible, remote-work-enabled enterprise environments.
How much funding has Everphone raised?
Everphone has raised a total of $45.3M across 2 funding rounds:
Series A
$5.4M
Series B
$39.9M
Series A (2018): $5.4M with participation from Angel Invest and ApolloCapital
Series B (2020): $39.9M led by Deutsche Telekom, Signals Venture Capital, NIBC, and AlleyCorp
Key Investors in Everphone
Deutsche Telekom
A Germany-based integrated telecommunications provider offering a global portfolio of services in telecommunications and information technology.
NIBC
An enterprising bank headquartered in the Netherlands, focused on supporting clients through key financial moments and growth phases.
Signals Venture Capital
A venture capital firm that focuses on early-to-growth stage investments in B2B software and digital transformation technologies.
What's next for Everphone?
With the recent infusion of capital, Everphone is poised to accelerate its growth trajectory by deepening its integration with major telecommunications providers and expanding its service footprint. The strategic focus will likely shift toward enhancing its proprietary device management software and scaling its logistics capabilities to meet the demands of large-scale enterprise deployments. By leveraging its existing partnerships with institutional investors and telecommunications giants, the company is well-positioned to capture a larger share of the B2B mobile device market, further cementing its role as an essential infrastructure partner for modern, digital-first organizations.
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