Signals Venture Capital leads €34m round for Everphone

New investor Telekom Innovation Fund, the venture arm of Deutsche Telekom, also took part in the round, along with Alleycorp and NIBC.

Everphone plans to use the fresh capital to expand its European operations. Everphone has seen an increase in demand for its services in Germany abroad, according to a statement, with the company telling TechCrunch that it expects to see a sales increase of 70-100% due to the increase in remote working triggered by the coronavirus pandemic.

Berlin-based lead investor Signals Venture Capital invests from seed and series-A rounds onwards, deploying initial tickets of €1-5m and generally focusing on B2B and software companies.

Previous funding
In December 2018, ApolloCapital led a €4.4m round for Everphone, with participation from angel investor Jens Lapinski.

Company
Founded in 2016, Everphone provides a “mobile as a service” offering for companies, allowing them to rent mobile phone hardware for use by their employees, as well as mobile tablets. The company also offers data security and repair services. It claims to offer replacement phones within 24 hours. Everphone generally services SMEs and has a customer base of 400 businesses, according to its website. Based in berlin, the company employs 62 people according to LinkedIn.

People
Everphone – Jan Dzulko (co-founder, CEO), Nadine Kolbe (co-founder, chief operations officer).
Signals Venture Capital – Marcus Polke (partner).

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• Topics
• Expansion
• DACH
• Industrials
• Venture
• Germany