Berlin’S Everphone Raises $200M In Debt And Series C Equity
12/06/21, 4:49 PM
Location
berlinMoney raised
$200 million
Round Type
series c
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.
Company Info
Location
berlin, maryland, united states
Additional Info
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. It’s a device rental model the startup touts as being more sustainable than alternative routes for provisioning mobile devices (such as buying devices outright) — arguing it saves environmental resource by baking in circularity from the start.