About 1NCE
1NCE is a company based in Koln (Germany) founded in 2017. 1NCE has raised $110 million across 4 funding rounds from investors including SoftBank, Deutsche Telekom and SoftBank Group. 1NCE operates in a competitive market with competitors including Truphone, Airlinq, Telit Communications, Cavli Wireless and Soracom, among others.
- Headquarter Koln, Germany
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$110 M (USD)
in 4 rounds
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Latest Funding Round
$60 M (USD), Series D
Apr 29, 2025
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Investors
SoftBank
& 6 more
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Employee Count
Not available
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People of 1NCE
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Funding Insights of 1NCE
1NCE has successfully raised a total of $110M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $60 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in 1NCE
1NCE has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include SoftBank, Deutsche Telekom and SoftBank Group.
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Multiple sectors are invested in by the private equity firm.
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Venture capital firm focused on multiple sectors
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Investor details for 1NCE
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Investments & Acquisitions by 1NCE
Investment portfolio details for 1NCE
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Financial Statements - 1NCE
Detailed financials for 1NCE
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1Nce Comparisons
Peer comparison for 1NCE
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Competitors of 1NCE
1NCE operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truphone, Airlinq, Telit Communications, Cavli Wireless and Soracom, among others.
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International mobile services are provided under various brands for enterprises.
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IoT and SaaS-based provider of application development solutions for connected ecosystems
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Cellular IoT modules, connectivity, platforms, and custom solutions are provided.
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Provider of cellular IoT modules, global connectivity, and modem cloud services
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Provider of cellular connectivity for IoT
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Detailed competitors of 1NCE
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Latest news on 1Nce
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Frequently Asked Questions about 1NCE
1NCE was founded in 2017 and raised its 1st funding round 4 years after it was founded.
1NCE is headquartered in Koln, Germany. It is registered at Koln, North Rhine-westphalia, Germany.
1NCE is a funded company, having raised a total of $110M across 4 funding rounds to date.
1NCE was founded in 2017 in Cologne, Germany, within the IoT sector. SIM cards with coverage across Europe, Russia, USA, China, and additional regions are supplied for device connectivity. A management platform is utilized for recharging 500MB data and 250 SMS, monitoring volumes, reordering SIMs, and obtaining customer support. Operations support applications such as smart metering, asset tracking, waste management, tank monitoring, and vehicle telematics.
1NCE has 7 investors. Key investors include SoftBank, Deutsche Telekom, SoftBank Group, I Squared Capital, and Kensington Capital Partners.