The funding, led by Smedvig Ventures, arrives as companies continue wrestling with the logistical headaches of equipping distributed workforces.
For most fast-growing companies, shipping laptops to new hires across continents remains surprisingly chaotic—a problem three former Revolut IT operators decided they'd had enough of. Now their solution, a Warsaw- and London-based startup called Tequipy, has raised €3.06 million in seed funding to automate the entire mess.
Smedvig Ventures led the round, with participation from Manta Ray Ventures and Unfold.vc, the latter a repeat backer that had already increased its stake earlier this year. According to Polish regulatory filings, Unfold.vc now holds a 13.07% stake in the company.
The premise is straightforward, if operationally complex: Tequipy handles the full lifecycle of employee devices—purchasing, configuring, shipping, servicing, retrieval, even resale—across over 180 countries. It's the kind of unglamorous backend work that becomes critical once headcount scales beyond a few dozen people scattered across time zones.
From Revolut's IT Trenches
Founders Tomasz Stawarski, Bartosz Czerkies, and Albert Podraza all cut their teeth managing IT operations at Revolut, where they helped scale the fintech's infrastructure from 100 to 5,000 employees across 17 offices. That experience, Stawarski suggests, taught them that logistics shouldn't feel like roulette—his words, captured in recent coverage from Tech.eu.
The company claims a 99% on-time delivery rate, with devices typically arriving before an employee's first day. Tequipy contrasts this with what it says is a 58% market standard, though both figures come from the company itself rather than independent audits. To hit those marks, the startup sources hardware locally through a network of partners, avoiding the customs snarls and cross-border delays that often plague traditional procurement. Average delivery window: three days.
The platform integrates with mobile device management tools like Jamf and Intune, and connects to HR systems including HiBob, BambooHR, and Workday. Automation handles much of the orchestration—triggering device orders when a new hire enters the system, for instance, or routing repair requests.
The Customer Math
Tequipy says it now serves over 150 companies, among them Booksy, ElevenLabs, DeepL, Connecteam, and RemoFirst. The startup reports 7x year-over-year growth heading into the €3.06 million raise. Customer case studies point to time savings ranging from 25 to more than 100 hours per month, alongside monthly cost reductions between $3,500 and $16,000—figures that presumably add up for companies juggling dozens or hundreds of remote workers.
The pricing model is relatively simple. Hardware costs retail price plus a flat 5% service fee, with no recurring per-device charges. For teams managing fewer than 100 devices, the platform is free, according to the company's LinkedIn page. Above that threshold, it's $99 per month flat.
That puts Tequipy in direct competition with players like Firstbase, GroWrk, and Hofy, all jostling for position in the distributed IT management space—a market that ballooned during the pandemic and hasn't exactly shrunk back.
What Comes Next
The fresh capital will fund an expansion beyond hardware. Tequipy plans to layer in software provisioning, access management, and security operations—broadening its footprint in the IT stack. "Tequipy's platform addresses a critical pain point for fast-growing companies," said Freddie Kalfayan of Smedvig Ventures in the announcement. Lawrence Barclay of Manta Ray pointed to the platform's alignment with distributed hiring trends, which show few signs of reversing.
Tequipy holds ISO 27001 certification and operates offices in London, Warsaw, Kraków, and Dover, Delaware. The startup was founded in 2022, meaning it's navigated the seed stage in a notably chillier funding climate than the one that greeted many startups just a few years earlier. Perhaps that's made the team more disciplined. Or perhaps they simply understood the problem too well to ignore it.
Either way, the bet now is that companies will keep hiring remotely—and that they'll pay to avoid the headache of provisioning devices themselves.
