Everphone GmbH

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Everphone GmbH - overview

Established

2016

Location

Berlin, -, Germany

Primary Industry

Business Support Services

About

Based in Germany, Everphone GmbH operates as a provider of Device as a Service (DaaS), focusing on mobile device management and rental services for businesses. Everphone GmbH, founded in 2016, is headquartered in Berlin, Germany, specializing in mobile device management solutions. The founders, Jan Dzulko and Mehmet Isik, have experience in technology startups. The company has successfully raised EUR 21.


00 mn across several funding rounds, with the latest being a Venture Debt round of EUR 250. 00 mn, led by investors including Citigroup, KfW, and Phoenix Insurance. Everphone specializes in Device as a Service (DaaS), simplifying the management of mobile company devices for businesses. Their core offerings include a range of rental devices such as smartphones, tablets, laptops, and associated accessories.


The DaaS model allows companies to efficiently integrate mobile devices into their existing software stacks, such as Mobile Device Management (MDM) and IT Service Management (ITSM), enhancing productivity while ensuring compliance with regulations like GDPR and NIS. Since its establishment in 2016, Everphone has catered to a diverse client base, including medium-sized businesses and global corporations across various sectors, focusing on regions in Europe and beyond. Everphone generates revenue through a model structured around device rentals and management services, operating primarily in a B2B environment. For the year 2022, the company reported a revenue of EUR 14,753,184.


50. Clients typically engage in agreements involving monthly subscription fees for the use of devices and services, allowing flexibility to scale based on their specific needs. This transactional framework streamlines device management and enhances overall employee satisfaction and efficiency, while the EBITDA for 2023 stands at EUR -24,478,149. Everphone GmbH plans to expand its product offerings and enter into new markets.


The recent funding will support the development of new devices and services, as well as facilitate growth into additional European markets. The company has also raised an undisclosed amount of venture funding from new investor MaasInvest, which will aid in scaling operations and enhancing service delivery.


Current Investors

ApolloCapital, JTD Holding GmbH, Angel Invest

Primary Industry

Business Support Services

Sub Industries

Equipment Rental & Leasing, Outsourcing

Website

www.everphone.com

Verticals

Cloud Computing

Company Stage

Series D

Total Amount Raised

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Everphone GmbH - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)--7,881,809.218,609,602.3---
% Revenue Growth (YoY)---136.1%---
EBITDA (USD)--19,904.15,462,561.4---
Operating Income (USD)--(6,396,794.1)(10,074,694.6)---
Operating Margin--(81.2%)(54.1%)---
% EBITDA Margin--0.3%29.4%---
NET Income (USD)(1,370,345.5)(3,100,116.7)(7,325,225.4)(12,237,331.1)---
% Net Margin--(92.9%)(65.8%)---

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