Everphone secures €15 million to finance new devices for corporate customers
Berlin-based Everphone, a Device-as-a-Service provider, today secured €15 million in refinancing in order to issue employees of client companies new workplace devices as part of long-term leases. The financing was lended from Commerzbank and the development bank KfW, and follows a €270 million Series D in 2024 – a round that also included KfW. “In […] The post Everphone secures €15 million to…
Berlin-based Device-as-a-Service provider Everphone has secured €15 million in refinancing from Commerzbank and the development bank KfW to issue new workplace devices to clients' employees. This financing follows a €270 million Series D round in 2024, also led by KfW. Veronika von Heise-Rotenburg, Everphone's CFO, explained that unit economics determine profitability in Device-as-a-Service, with financing costs being a significant factor.
The refinancing marks the largest step in inventory to date, according to von Heise-Rotenburg. Everphone's refinancing comes during limited financing activity for European device-subscription and business-equipment models in 2026, with only two reported financings this year. London-based Raylo secured €34.5 million in January, while equipal raised €18.84 million in June.
These transactions, along with Everphone's latest facility, represent approximately €68.3 million of 2026 financing across related device-access and equipment-finance models. Mirjam Kuppe-Klötzer, Senior Specialist, Corporate Lending at Commerzbank, emphasized that Everphone's financing supports the company's growth opportunities and expansion of its market position.
Kuppe-Klötzer highlighted that the tailor-made financing of growth companies with innovative business models is a key component of Commerzbank's commitment to German SMEs as a leading financing partner.
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