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§ Private Profile · London, United Kingdom
Cloud-based business phone system providing mobile and landline numbers via app for hybrid teams and SMBs, eliminating second handsets.
Devyce has raised $4.0M across 1 funding round.
Key people at Devyce.
Devyce was founded in 2020 by Nick Browne (Founder) and Edward Clayton (Founder).
Devyce has raised $4.0M in total across 1 funding round.
Based in London, England, Devyce provides a cloud-based business phone system that delivers instant mobile and landline numbers to employees through an application installed on their personal Apple or Android devices. Operating as a SaaS platform, the company serves over 10,000 customers across sectors like real estate and recruiting, eliminating the need for secondary corporate handsets. The system features an administrative portal for analytics, call recording, and artificial intelligence capabilities, while offering direct software integrations with enterprise platforms such as Bullhorn. Devyce generates under $5 million in annual revenue through a subscription model charging approximately $20 per user monthly alongside pay-per-use billing. The enterprise currently maintains a workforce of 20 employees and has secured $2.7 million in seed funding to support its ongoing expansion. Devyce was founded in 2020 by Nick Browne and Edward Clayton.
Key people at Devyce.
Devyce was founded in 2020 by Nick Browne (Founder) and Edward Clayton (Founder).
Devyce has raised $4.0M in total across 1 funding round.
Devyce's investors include Y Combinator, Expert Dojo, Flourish Ventures, Khosla Ventures, Plug & Play Ventures, Social Impact Capital, Uncork Capital, Jeremy Cai, Sahin Boydas, Tom Blomfield, John Kim, Ryan Chan.
Devyce has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in February 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2023 | $4M Seed | Y Combinator | Expert Dojo, Flourish Ventures, Khosla Ventures, Plug & Play Ventures, Social Impact Capital, Uncork Capital, Jeremy CAI, Sahin Boydas, TOM Blomfield, John KIM, Ryan Chan, Helen H. Liang, PHD, Mike McCauley | Announced |
Devyce is a UK-based SaaS company that provides a global mobile network for business, offering digital phone numbers that employees can use on their personal devices via an app without needing separate SIM cards or handsets. Its product targets businesses of all sizes and sectors, enabling hybrid and remote workers to have dedicated business phone numbers accessible worldwide through WiFi or mobile data. This solution simplifies managing multiple work numbers and devices, reduces costs by up to 70%, and enhances productivity with features like AI-generated call summaries, CRM integrations, and call analytics[1][2][3].
For an investment firm perspective, Devyce’s mission is to revolutionize business communication by leveraging its own mobile network operator license to deliver cost-effective, flexible, and intelligent telephony solutions globally. Its investment philosophy centers on building proprietary infrastructure to create a competitive moat, focusing on sectors reliant on mobile and remote communications. Devyce impacts the startup ecosystem by demonstrating how owning telecom infrastructure combined with AI-driven software can disrupt traditional business phone systems and enable hybrid workforces efficiently[1][2].
Devyce was founded in 2020 by three London-based entrepreneurs: Nick (with a background in investment banking and exposure to phone-intensive industries like real estate and recruitment), Ed (a Cambridge computer science graduate with experience in tech and mobile development), and Leo Bartle, who owns and operates a UK mobile network operator. The idea emerged from recognizing the pain points businesses face managing multiple phone numbers and devices for remote employees. Early traction came from leveraging Leo’s mobile network, which was turned around from near bankruptcy to supplying major clients like Salesforce and Google, giving Devyce a unique asset and competitive advantage[1][2].
Devyce rides the hybrid work and digital transformation trend, addressing the growing need for flexible, remote-friendly business communication tools. The timing is critical as companies increasingly adopt hybrid work models requiring seamless, cost-effective mobile connectivity without traditional telecom constraints. Market forces such as rising mobile data availability, AI advancements, and demand for integrated CRM workflows favor Devyce’s model. By combining telecom infrastructure ownership with AI-enhanced software, Devyce influences the broader ecosystem by setting new standards for business telephony, reducing operational complexity, and enabling smarter customer interactions[1][2][7].
Looking ahead, Devyce is poised to expand its global footprint by leveraging its mobile network license to enter new markets and deepen AI capabilities in call management and CRM automation. Trends like AI-driven customer experience, hybrid workforce growth, and cloud communications will shape its journey. Its influence may evolve from a niche telecom disruptor to a key enabler of digital business communication worldwide, potentially integrating more deeply with enterprise software ecosystems and expanding its product suite to cover broader communication needs. This positions Devyce as a forward-thinking company redefining how businesses connect in a mobile-first, hybrid world[1][2][3].
