Tech
Check out the pitch deck smartphone-rental startup Everphone used to raise $200 million
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- Everphone rents out secondhand smartphones and tablets to companies and their employees.
- It raised a $200 million Series C round in December, which was led by Cadence Growth Capital.
- Insider got a look at the pitch deck that it used to raise the funds.
This is an edited, translated version of an article that originally appeared on June 21, 2022.
Everphone, a startup in Berlin, offers a “phone-as-a-service” platform. It rents out refurbished smartphones and tablets to companies and their employees, also taking care of any support and repairs.
The startup’s clients include EY, the delivery company Gorillas, and the Estonian tech company Starship, which builds autonomous delivery robots and was launched by Janus Friis and Ahti Heinla, Skype’s founders.
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In December 2021, Everphone raised $200 million in a Series C round that was led by Cadence Growth Capital. Investment also came from Deutsche Bank, Deutsche Telekom, Signals Venture Capital, Phoenix Insurance Company, and AlleyCorp, Crunchbase said.
Everphone has about 250 employees and serves over 1,000 customers, its website said.
“Our focus lies on the current Apple iPhones as well as Android phones from Samsung, Nokia and Google — as well as the sustainably produced Fairphone. We also offer iPads and a selection of Android tablets,” the website added.
Jan Dzulko, the founder and CEO of Everphone, launched the company in 2016. Insider got a look at the pitch deck he used to raise $200 million from investors.