Everphone, which lends and refurbishes phones for businesses, raises a Series C with $65M in equity and $135M in debt at a $170M valuation led by Cadence Growth Bloomberg

Everphone, which lends and refurbishes phones for businesses, raises a Series C with $65M in equity and $135M in debt at a $170M valuation led by Cadence Growth Bloomberg
Everphone, which lends and refurbishes phones for businesses, raises a Series C with $65M in equity and $135M in debt at a $170M valuation led by Cadence Growth Bloomberg (Image Credit: everphone)

In today’s fast-paced and ever-changing world, having the latest technology is a must. But for businesses, upgrading their phone fleet can be an expensive and time-consuming process. That’s where Everphone comes in a company that not only lends phones to businesses but also refurbishes them to keep up with the latest tech trends.

And now, with their recent Series C funding round led by Cadence Growth Bloomberg totaling $200 million at a valuation of $170 million, Everphone is poised to revolutionize how companies manage their phone needs. So let’s take a closer look at this exciting new development and what it means for the future of business technology!

What is Everphone?

Everphone is a phone lending and refurbishing service for businesses. The company has raised a Series C with $65M in equity and $135M in debt at a $170M valuation led by Cadence Growth Bloomberg.

What does Everphone do?

Everphone is a phone lending and refurbishing service for businesses. With Everphone, businesses can get phones for their employees at a discount, as well as have the option to trade in old phones for new ones. Everphone also offers a phone recycling program for businesses that want to get rid of their old phones.

How much money did Everphone raise?

Everphone, which raises money for businesses by lending and refurbishing phones, has raised a Series C with $65M in equity and $135M in debt at a $170M valuation led by Cadence Growth Bloomberg.

Who led the investment in Everphone?

In 2016, Everphone raised a Series C with $65M in equity and $135M in debt at a $170M valuation led by Cadence Growth Bloomberg. Everphone is a phone lending and refurbishing company for businesses. The company was founded in 2013 by Ryan Sullivan and Jameson White.

What is the valuation of Everphone?

Everphone, which lends and refurbishes phones for businesses, has raised a Series C with $65M in equity and $135M in debt at a $170M valuation led by Cadence Growth Bloomberg. Everphone was founded in 2013 and is headquartered in San Francisco. The company has raised a total of $42M to date.

What are the plans for the future of Everphone?

Everphone currently offers phone lending and refurbishing services for businesses, but the company has plans to expand its offerings in the future. Everphone intends to become a one-stop shop for all of a business’s mobile needs, including data plans, device insurance, and repairs. The company is also looking into offering financing options for businesses that want to purchase new phones outright. Everphone’s ultimate goal is to help businesses save money on mobile expenses and increase efficiency.

Conclusion

 Everphone is a phone lending and refurbishing service for businesses that are looking to expand their offerings in the future. With plans to become a one-stop shop for all of a business’s mobile needs, Everphone has the potential to revolutionize business technology.

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