IDnow
ActiveThe Identity Verification Platform for the Now Economy
IDnow GmbH
About IDnow
IDnow provides the world’s most advanced machine-learning technology for its Identity-as-a-Service platform that can verify in real time the identities of more than 7 billion people from 193 different countries.
Our patent-protected video identification and e-signing solutions help our clients save money, improve customer conversion rates and streamline the onboarding process. We are backed by the venture capital investors BayBG, Seventure Partner and Jet A and a consortium of well-known business angels. Founded in 2014, we already count a large and fast growing team of over 300, making us one of Europe’s fastest growing fintechs.
IDnow receives consulting support from various industry experts, including Dr. Andreas Betzer (former CEO of Lufthansa Miles & More and Payback GmbH), Henning Ahlert (former Director of Operations at 1&1 Internet AG) and Dr. Sebastian Kraska (Data Privacy Expert and founder of the Institute for IT Law).
IDnow was acquired by Private Equity company Corsair in March 2025 .
Funding
€126m
Total raised
€300m
Valuation
| Round | Year | Amount |
|---|---|---|
| Latest round | 2023 | €15m |
| Round −1 | 2022 | €60m |
| Round −2 | 2020 | €15m |
| Round −3 | 2019 | €36m |
| Round −4 | 2018 | — |
| Round −5 | 2016 | — |
Financials (€m)
| Year | Revenue | EBIT |
|---|---|---|
| 2018 | — | €-3.8m |
| 2019 | €18m | €-7.7m |
| 2020 | €21.3m | €-12.5m |
| 2021 | €34.4m | €-11.4m |
| 2022 | €67m | €-35.4m |
| 2023 | €73m | €-11.9m |
Hong Kong
China
India
Korea
Vietnam
Singapore
Kazakhstan
Israel
Qatar
UAE
Germany
Netherlands
Austria
Kenya
Rwanda