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IDnow

31.12.2020
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Digital Identity
Germany, Munich

IDnow

The Identity Verification Platform for the Now Economy

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).

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Company Details

Legal name
IDnow GmbH
Company registration
Amtsgericht München HRB 210463
Founded in
2014
Employees
217

News

Latest News 1
https://www.presseportal.de/pm/132723/5288025
Latest News 2
https://financefwd.com/de/idnow-verkauf-goldman/
Latest News 3
https://www.idnow.io/de/ressourcen/europaeische-investitionsbank-vergibt-15-millionen-euro-an-idnow

Financing Rounds

Financing rounds currency
Euros €
Last financing round
2022
Capital raised last round in millions
60
2nd last financing round
2020
Capital raised 2nd last financing round in millions
15
3rd last financing round
2019
Capital raised 3rd last financing round in millions
36
4rd last financing round
2018
5th last financing round
2016
Total capital raised in millions
111

Financials

Financial reporting currency
Euros €
Last financial year reported
2020
Revenues 2020 in millions
21.6
EBIT 2020 in millions
-12.5
Revenues 2019 in millions
18
EBIT 2019 in millions
-7.7
EBIT 2018 in millions
-3.8

Contact Information

Website
https://www.idnow.de
Social Information
Address
Auenstraße 100, 80469 München

Location

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