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IDnow

IDnow

IDnow is a leader in digital identity and fraud prevention in Europe with a mission to transform trust into the most powerful asset in the digital world, empowering enterprises with AI-driven, SaaS-based identity solutions that deliver scalable security, adaptive compliance, and real-time fraud prevention. Through its broad portfolio of digital identity and fraud prevention solutions, IDnow establishes, maintains and enriches trust throughout the customer journey, ensuring businesses can confidently and securely operate while leveraging digital identity to drive growth, security and scalability. The company has offices in Germany, United Kingdom, and France and is backed by renowned institutional investors, including Corsair Capital and Seventure Partners. Its portfolio of international clients spans a wide range of end markets including financial services, telecommunications, travel & mobility, gaming, and other industries.

Munich, Bavaria, Germany501-1000 employeesFounded 2014

Overview

IDnow provides advanced machine-learning technology for its Identity-as-a-Service platform that can verify identities in real time. The company's solutions guarantee legal security throughout Europe and the highest level of data security. The company provides a legally secure solution without additional hardware in the area of video identification of customers and electronic signatures. The company's offer is directed at all business customers who would like to provide customer identification and contract conclusion online, such as banks, telecommunications companies, Fintechs, etc. Its customer portfolio includes renowned firms such as Commerzbank, UBS, Sixt neuwagen, Telefónica, and N26. IDnow was founded on 2014 and is headquartered in Munich, Germany.

Tech Stack

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Funding History

Seed Round

Undisclosed

Jul 2014

Seed Round

Undisclosed

Jun 2015

Series A

Undisclosed

Sep 2016

BayBG Venture Capital, 10x Group, Seventure Partners

Series B

Undisclosed

May 2018

Giesecke+Devrient Ventures, Seventure Partners

Series B

Undisclosed

Jan 2019

Martin Ott

Series C

$40.0M

Oct 2019

Plug and Play, Corsair Capital

Debt Financing

$18.2M

Dec 2020

European Investment Bank

Debt Financing

$60.9M

Aug 2022

BlackRock