Berlin-based smartphone-as-a-service provider, Everphone, has topped up with $65 million in a Series C equity raise in addition to taking $135M in debt financing — for a total raise of $200M.
The latest tranche of funding is led by German private equity investor, Cadence Growth Capital (CGC), which is now Everphone’s biggest shareholder.
Deutsche Telekom, AlleyCorp and signals Venture Capital also participated as returning investors.
The new financing follows Everphone’s $40M Series B, closed in summer 2020, as the 2016-founded startup reported an uplift in interest driven by the COVID-19-triggered remote working boom.
Everphone’s business takes care of the supply, support, repair/replacement and recycling of mobile devices (smartphones and tablets) for enterprises customers — billed under a …
