Today the German startup everphone completed a Series B funding round of €34 million, with the new capital being used to further grow and expand its market leadership as a driver for innovation in the ‘New Work’ vertical.
Founded in 2016 by former CHECK24 board member Jan Dzulko, everphone offers companies a flexible, safe, and cost-efficient way to equip their workforce with smartphones and tablets, overall reducing costs and supporting the expansion of flexible and mobile forms of work. The startup has already won more than 400 customers, including SMEs as well as large corporations such as Ernst & Young, who use the service to mobilize and digitalize their work environment.
With mobile work equipment increasingly becoming the backbone of the economy, this startup from Berlin is operating in a promising future market which has only been accelerated by the COVID-19 pandemic. Increasingly, companies are faced with the challenge of providing employees with a device that meets a multitude of criteria, such as up-to-date technology which meets a wide range of data protection and security requirements, whilst also enabling the employee to be most productive. Personal phones and devices normally may not be used for work as they can pose a security risk and can be in violation of data protection regulations. At the same time, however, companies need to keep an eye on total cost of ownership throughout the entire lifecycle of their device fleet.
With its comprehensive rental service, everphone offers an optimal solution that also protects personal and professional data. In addition, employees can select their preferred device and are not restricted to a standard device. This flexibility helps attract demanding talent and creates a modern work environment.
Overall, everphone is a one-stop-shop that sources, configures, and deploys rental smartphones and tablets, and organizes repairs and returns, all whilst being seamlessly integrated into a company’s internal IT infrastructure.
“The additional funding will enable us to meet an increasing demand as we further expand our equipment pool and our services. The global pandemic has been a catalyst for growth in the field of digitization: We are currently experiencing a significant increase in demand at home and abroad, which is why we are aiming for European expansion with the funding,” says Jan Dzulko.
Both the existing investors and the new lead investor, signals Venture Capital, are convinced that everphone’s business model solves an ever-increasing problem for companies. “everphone envisions that every employee will one day work via their smartphone,” says Marcus Polke, Partner at signals Venture Capital. “With this employee-centric approach and integrated platform, everphone goes far beyond the mere outsourcing of a smartphone IT infrastructure. The startup also addresses both the hardware and software elements of a rapidly growing number of communication channels, while integrating cybersecurity and data protection requirements. everphone thus provides companies with an integral component of the digital infrastructure on their way to Enterprise 4.0. We are proud to support Jan Dzulko and his world-class team in rethinking Smart Work!”
Deutsche Telekom invested in this funding round via its strategic investment fund, Telekom Innovation Pool, which is advised by DTCP. Peter Arbitter, Head of Portfolio & Product Marketing for Business Customers at Telekom Germany, says: “There is a growing demand for financing models in the mobile communications B2B market. At Deutsche Telekom, we already offer attractive leasing models, which will now be expanded upon through the customer-friendly rental models offered in conjunction with everphone.” Till Stenzel, Managing Director of DTCP’s Advisory Team, adds: “We are looking forward to our continued cooperation with everphone and see not only significant growth potential in Germany, but also across the world.”