Berlin – A YPOG team co-led by Benjamin Ullrich, Adrian Haase and Emma Peters provided comprehensive advice to smartphone-as-a-service provider everphone on the extension of its Series C financing round with a total volume of €32 million. Cadence Growth Capital (CGC) led the Series C extension round and continues to invest alongside existing investors such as Kevin Ryan in the leading B2B phone-as-service pioneer.
The recently released annual report of 2021 records the company's biggest success to date, with revenues totaling €19 million and a 170% increase over the previous year. The forecast for 2022 envisages another significant increase.
After the first round of the Series C in 2021 with over $200 million in equity and debt capital, the management team of CEO Jan Dzulko and CFO Dr. Veronika von Heise-Rotenburg plans to use the proceeds of this funding round to drive internationalization. Additionally, the new capital will flow into product development and the growth of the device fleet.
Advisors everphone:
Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner
Dr. Adrian Haase (Co-Lead, Transactions), Associated Partner
Dr. Emma Peters (Co-Lead, Transactions), Senior Associate
Christiane Schnitzler (Transactions), Associate
Alexandra Steifensand (Transactions), Associate
About everphone
Founded in 2016, everphone is a pioneer in the Device as a Service (DaaS) business. The Berlin-based company offers companies flexibility, reliability, and an easier way to manage smartphones, tablets, and laptops. everphone was founded by former CHECK24 executive Jan Dzulko and employs over 250 people worldwide. everphone customers include numerous start-ups and SMEs as well as global enterprises. Investors include Cadence Growth Capital, Deutsche Telekom, signals Venture Capital, Dr. Henrich Blase (founder of CHECK24), and Kevin Ryan (founder of MongoDB/BusinessInsider). More information at www.everphone.com/
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About us
YPOG stands for You + Partners of Gamechangers. As a leading law and tax firm, YPOG supports founders, investors, companies and funds in Germany and internationally in bringing visionary ideas to life in the tech ecosystem and dynamic future markets.
YPOG advises on the structuring of venture capital and private equity funds, financing rounds and complex transactions, as well as on regulatory and tax matters relating to digital assets and financial innovation. As a strategic partner, YPOG develops practical solutions of the highest legal standard.
The firm combines legal and tax expertise with legal tech, digital workflows and AI-based systems to provide efficient and scalable advice.
YPOG and its professionals are regularly recognised by JUVE, Chambers and Partners, The Legal 500, Best Lawyers and Leaders League. More than 380 lawyers, tax advisers, tax specialists, one notary and business professionals work for YPOG across its offices in Berlin, Cologne, Hamburg and Munich.
Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog
