About

Founded in 2022 and headquartered in Thessaloniki METALEASE is Greece’s leading Device-as-a-Service (DaaS) platform, serving more than 1,300 business customers and enabling businesses to access, manage, and continuously upgrade essential technology through flexible leasing solutions. The company provides smartphones, laptops, tablets, printers, UPS systems, and other business-critical equipment through a fully digital platform that simplifies procurement, financing, asset management, and end-of-life recovery. Beyond financial flexibility, METALEASE promotes a circular economy model by extending the useful life of technology assets through refurbishment, redeployment, resale, and responsible recycling. By maximizing device utilization and reducing premature replacement, the company helps businesses lower electronic waste (e-waste) generation and reduce the environmental impact associated with manufacturing new devices. This approach contributes to lower CO₂ emissions across the technology lifecycle while encouraging more sustainable consumption patterns. METALEASE’s vision is to become the leading business equipment subscription platform in Southeast Europe, accelerating digital transformation for SMEs while creating measurable economic and environmental value through circular technology management.

Solution & Product

METALEASE helps businesses preserve cash flow, reduce upfront investment requirements, and gain access to modern technology without the burden of ownership. Through its Tech-Products-as-a-Service (TPaaS) platform, businesses can lease smartphones, laptops, tablets, printers, UPS systems, and other business equipment through flexible monthly subscriptions.

Innovation & Scalability

METALEASE has developed Greece’s first dedicated Tech-Products-as-a-Service (TPaaS) platform, combining technology, financing, and asset lifecycle management into a fully digital solution. Its proprietary platform automates customer onboarding, risk assessment, contract management, asset tracking, and partner integrations, creating a scalable and efficient operating model. The business is highly scalable, as growth is primarily driven by capital deployment rather than proportional increases in operating expenses. Through strategic partnerships, digital processes, and a subscription-based revenue model, METALEASE can expand across new product categories and geographic markets while maintaining operational efficiency. The platform also supports circular economy principles by extending device lifecycles through refurbishment, redeployment, and resale.s to scale without significantly increasing our overhead costs.

Traction & achievements

Since its launch in 2022, METALEASE has grown to serve more than 1,300 business customers across Greece and manage thousands of technology assets under subscription. The company has achieved over €1.2M in annualized revenue and demonstrated exceptional growth, recording more than 270% revenue growth in 2025 and targeting over 130% growth in 2026. To support its expansion, METALEASE has secured more than €3.5M in funding from angel investors, venture capital funds, and institutional growth capital investors. METALEASE has also established strategic partnerships with telecommunications, technology, and distribution providers, enabling the expansion of its Device-as-a-Service offering across multiple product categories.

Team & Why Us

METALEASE is led by a multidisciplinary team combining expertise in technology, finance, operations, and entrepreneurship. Theofanidis Alexandros (Founder, CEO & CTO) is a software engineer with more than 24 years of experience in the technology industry. He has served as CTO for multiple companies and founded his own software development company in 2020. He designed and developed METALEASE’s entire software ecosystem, enabling the company to automate and scale its operations through technology. Pallakis Athanasios (Co-Founder & CFO) holds a degree in Economics from the University of Macedonia and brings experience in business operations, finance, risk management, and growth strategy. Prior to METALEASE, he successfully built and managed businesses and worked as an advisor in the decentralized finance sector with a focus on risk assessment and financial analysis. Today, METALEASE operates with a team of 8 people. Despite its lean structure, the company has grown to serve more than 1,300 business customers, manage thousands of technology assets, and secure over €3.5 million in funding. This combination of deep industry expertise, proprietary technology, and proven execution positions METALEASE to lead the evolution of Device-as-a-Service and circular technology management in Greece and Southeast Europe.

Funding Needs

METALEASE is seeking growth capital to accelerate the expansion of its Device-as-a-Service platform and increase its portfolio of technology assets under management. Funding will primarily be used for technology asset acquisitions, working capital, platform development, team expansion, and the launch of new value-added services. The company aims to further strengthen its position in the Greek market while expanding its partnerships, product offering, and circular technology initiatives, creating long-term recurring revenue and sustainable growth. Current funding needs: €2–5 million, depending on the financing structure (equity, debt, or hybrid financing).