About Devyce
Devyce is a company based in London (United Kingdom) founded in 2020 by Nick Browne, Edward Clayton, and Leo Bartle.. Devyce has raised $2.83 million across 2 funding rounds from investors including Y Combinator, Garage Capital and FoundersX Ventures. The company has 4 employees as of January 31, 2022. Devyce offers products and services including Devyce VoIP System, Mobile Apps, and AI Call Summaries. Devyce operates in a competitive market with competitors including RingCentral, Fuze, Vonage, Webex and Wire, among others.
- Headquarter London, United Kingdom
- Employees 4 as on 31 Jan, 2022
- Founders Nick Browne, Edward Clayton, Leo Bartle
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Devyce Limited
- Date of Incorporation 15 Jan, 2020
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.83 M (USD)
in 2 rounds
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Latest Funding Round
$2.7 M (USD), Seed
Feb 28, 2023
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Investors
Y Combinator
& 4 more
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Employee Count
4
as on Jan 31, 2022
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Products & Services of Devyce
Devyce offers a comprehensive portfolio of products and services, including Devyce VoIP System, Mobile Apps, and AI Call Summaries. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-powered system for call analysis and business integration
Apps for VoIP calls and productivity features
Feature for automatic call transcription and CRM updates
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Funding Insights of Devyce
Devyce has successfully raised a total of $2.83M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.7 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $2.7M
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First Round
First Round
(01 Jun 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Seed - Devyce | Valuation | Y Combinator | |
| Jun, 2022 | Amount | Seed - Devyce | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Devyce
Devyce has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Y Combinator, Garage Capital and FoundersX Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Seed-stage investments are made by Garage Capital across multiple sectors.
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Founded Year | Domain | Location | |
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Early-stage tech-focused VC firm investing primarily in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Devyce
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Devyce
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Devyce Comparisons
Competitors of Devyce
Devyce operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RingCentral, Fuze, Vonage, Webex and Wire, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Provider of contact center business communication solutions
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
Cloud-based software for unified collaboration and messaging is provided.
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| domain | founded_year | HQ Location |
Cloud-based platform for enterprise web conferencing and collaboration is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Devyce
When was Devyce founded?
Devyce was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Devyce located?
Devyce is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Devyce a funded company?
Devyce is a funded company, having raised a total of $2.83M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2022.
How many employees does Devyce have?
As of Jan 31, 2022, the latest employee count at Devyce is 4.
What does Devyce do?
Devyce was founded in 2020 in London, United Kingdom, as a provider of cloud-based virtual phone systems targeted at enterprise collaboration. Virtual mobile and landline numbers are enabled through a phone application that operates without a SIM card. The application is distributed via the Google Play Store and Apple App Store. Operations are structured around a subscription-based pricing model within the telecommunications sector.
Who are the top competitors of Devyce?
Devyce's top competitors include Webex, Bandwidth and RingCentral.
What products or services does Devyce offer?
Devyce offers Devyce VoIP System, Mobile Apps, and AI Call Summaries.
Who are Devyce's investors?
Devyce has 5 investors. Key investors include Y Combinator, Garage Capital, FoundersX Ventures, John Kim, and Ryan Chan.