Tequipy announced it has raised €3.06 million in funding led by Smedvig Ventures, with participation from Manta Ray and Unfold.vc. The company said the funding will support its next phase of growth as it continues scaling automation tools for global IT operations and distributed workforce management.
Founded to simplify the operational complexity surrounding employee hardware and IT workflows, Tequipy said it is focused on helping companies automate processes that have traditionally required extensive manual coordination across internal IT teams, vendors, and logistics providers. The company noted that as businesses increasingly operate across multiple countries and support remote or hybrid workforces, managing employee devices and related IT infrastructure has become significantly more challenging.
Tequipy explained that the company’s idea originated from firsthand observations of operational bottlenecks at Revolut, where engineers were manually preparing, cleaning, configuring, and shipping laptops for employees. According to the company, those repetitive workflows highlighted how inefficient and time-consuming hardware operations remained even inside fast-growing technology companies with sophisticated internal systems.
Since launching, Tequipy has developed a platform designed to manage the full lifecycle of employee hardware. The company said its system handles device purchasing, configuration, deployment, delivery, servicing, recovery, and replacement for more than 150 companies operating across 180 countries. By centralizing these processes into a single platform, Tequipy aims to reduce operational friction for IT departments while improving visibility and consistency across distributed teams.
The company stated that hardware management has historically been one of the most difficult areas of enterprise operations to automate because it requires coordination between physical logistics, inventory systems, procurement, device security, and employee onboarding workflows. Unlike software-based automation, hardware operations involve real-world infrastructure and cross-border supply chain complexity, creating additional operational challenges for companies scaling internationally.
Tequipy said it is now expanding beyond device management into adjacent operational categories including software provisioning, identity and access management, and security related workflows. The company believes these areas remain heavily dependent on manual processes and fragmented tooling, creating opportunities for broader automation across enterprise IT environments.
According to Tequipy, its long term goal is to eliminate as much as 80% of the repetitive manual work currently handled by global IT teams. The company said automating these operational layers can help businesses improve efficiency, reduce setup and onboarding delays, strengthen security compliance, and allow IT staff to focus on higher value strategic initiatives rather than routine administrative tasks.
The new funding will also be used to expand the company’s product development efforts, grow its international presence, and continue investing in automation capabilities designed for increasingly global and distributed organizations.
