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1NCE
About
1NCE is the only provider of connectivity and software for IoT at a global flat rate
- Köln,Nordrhein-Westfalen,Germany
- 251 - 500
- https://1nce.com
Details
- Last Funding Type
- Series Unknown
- Industries
- Business Intelligence,Internet of Things,Smart Cities,Software,Telecommunications,Wireless
- Founded date
- Dec 1, 2017
- Number Of Employee
- 251 - 500
- Operating Status
- Active
- Legal Name
- 1NCE GmbH
1NCE is the only provider of connectivity and software for IoT at a global flat rate – offering fast, secure, and reliable cellular connectivity and software services in 140 countries worldwide.The 1NCE IoT Flat Rate is designed to last over the entire lifetime of an IoT device with a one-off payment of $10 (€10) for 10 years, making IoT applications affordable and scalable for smart utilities, asset tracking, vehicle telematics and other uses. The company – founded in 2017 by CEO Alexander P. Sator together with Deutsche Telekom AG – is headquartered in Cologne, Germany and has 200 staff in Amsterdam, Cologne, Hamburg, Hong Kong, London, Miami, Paris, Riga, Rome, and Warsaw.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jun 8, 2022 | Series Unknown | — | 1 |
SoftBank Vision Fund
|
— | Detail |
| Jan 26, 2022 | Series Unknown | — | 1 | — | — | Detail |
| Sep 29, 2021 | Series Unknown | $50M | 2 | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
SoftBank Vision Fund
|
Yes | Series Unknown |
I Squared Capital
|
— | Series Unknown |
Deutsche Telekom
|
— | Series Unknown |
SoftBank
|
— | Series Unknown |
Employee Profiles
