Everphone

Everphone operates a Device-as-a-Service (DaaS) platform, presenting a streamlined solution for corporate clients to procure, manage, and cycle through mobile devices like smartphones and tablets. The company was established in Berlin in 2016 by Jan Dzulko, a former board member at the comparison portal CHECK24. The founding inspiration came from Dzulko's own frustrating three-week wait to get a cracked phone screen repaired through insurance, which highlighted a clear market need for a faster, more customer-centric solution for device management.

The company's business model is centered on a rental system, shifting enterprise mobile device expenses from capital expenditure (CapEx) to a predictable operating expenditure (OpEx). Clients, which range from small and medium-sized enterprises to large global players like Ernst & Young and Henkel, pay a monthly fee per device. This fee covers the entire device lifecycle, including sourcing, configuration with mobile device management (MDM) software, deployment to employees, repairs, and eventual return and data erasure. A key feature of the service is a rapid replacement policy for damaged devices, aiming to minimize employee downtime. The platform also features a portal that empowers employees to manage their own devices, such as initiating repairs or upgrades, under company-controlled cost parameters.

A significant aspect of Everphone's value proposition is the 'Choose Your Own Device' (CYOD) policy, which allows employees to select their preferred smartphone model. This serves as a corporate benefit and boosts employee satisfaction and productivity. If an employee chooses a premium model beyond the company's budget, a co-payment plan can be arranged. The firm generates revenue not only from the rental fees but also from the back end of the device lifecycle. By refurbishing and re-integrating returned devices into a second usage cycle, Everphone extends the hardware's life, contributing to a circular economy and helping clients meet ESG reporting requirements. This sustainable approach also generates cost efficiencies. The company has demonstrated substantial growth, reporting over €75 million in revenue and an EBITDA of €30 million in 2023. Following a €270 million Series D financing round in January 2024, Everphone is focused on international expansion in Europe and the US, with an American headquarters established in Miami, Florida.

Keywords: Device-as-a-Service, DaaS, corporate mobility, mobile device management, smartphone rental, tablet rental, B2B, enterprise mobility management, phone-as-a-service, IT lifecycle management, hardware leasing, circular economy, electronics refurbishment, ESG reporting, mobile security, IT outsourcing, corporate smartphones, Jan Dzulko, employee benefits, choose your own device, CYOD, IT asset management, operational expenditure, mobile fleet management