Berlin, January 2024 – YPOG advised device-as-a-service (DaaS) provider Everphone on its €270 million Series D financing round. Everphone has raised €250 million in debt capital from investors such as Citi, KfW and The Phoenix Insurance Company LTD. The equity financing of €21 million has been provided by Imocobel and existing investors including founder Jan Dzulko, Cadence Growth Capital, Signals Venture Capital and Alleycorp.
YPOG once again advised Everphone comprehensively on the equity financing.
Everphone's DaaS approach actively contributes to the circular economy by sustainably refurbishing used devices for reuse. This also contributes to Everphone's intention to contribute to an environmentally friendly future.
The company intends to use the newly raised capital to expand its support for active customers in Europe and the USA. The cyber security measures are also to be expanded and improved.
The team co-led by Benjamin Ullrich and Adrian Haase has already advised Everphone in the past on large volume financing rounds.
Team
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
Dr. Adrian Haase (Co-Lead, Transactions), Partner, Hamburg
Matthias Kresser (Banking & Finance), Partner, Berlin/Hamburg
Benedikt Kreuder (Banking & Finance), Senior Associate, Berlin
About Everphone
Everphone is the one-stop solution for corporate smartphones and tablets. As a leading device-as-a-service provider, Everphone handles device procurement, configuration, management, security, and replacement for businesses and organizations. The time this frees up for clients’ IT teams totals two hours per device. DaaS allows companies and their employees to choose their preferred smartphone from manufacturers such as Apple, Samsung, Google, and Fairphone. Everphone currently manages over a quarter million devices for more than a thousand companies, including international management consultancies and several DAX companies.
Founded in 2016 by Jan Dzulko, the company employs around 300 employees in Berlin, Munich, and Miami. Investors include Alleycorp, ApolloCapital, Cadence Growth Capital, signals Venture Capital, and T.Capital.
Download Press Release: YPOG advises Everphone on equity tranche of €270 million Series D financing round
