About IDnow
IDnow is a company based in Munchen (Germany) founded in 2010 by Sebastian Baerhold, Armin Bauer, Dennis Von Ferenczy, and Felix Haas was acquired by Corsair Capital in March 2025. IDnow has raised $40 million across 5 funding rounds from investors including BlackRock, Giesecke+Devrient and European Investment Bank. The company has 29 employees as of December 31, 2023. IDnow has completed 2 acquisitions, including AriadNEXT and Identity Trust Management. IDnow offers products and services including Automated Identity Verification, Expert-led Video Verification, In-person Verification, and Digital Signatures. IDnow operates in a competitive market with competitors including Zscaler, PayPal, Palantir, Snowflake and Alteryx, among others.
- Headquarter Munchen, Germany
- Employees 29 as on 31 Dec, 2023
- Founders Sebastian Baerhold, Armin Bauer, Dennis Von Ferenczy, Felix Haas
-
Sectors
TechnologyFinancial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Idnow Gmbh
-
Annual Revenue
Not available
-
Net Profit
$13.48 M (USD)-9as on Dec 31, 2021
-
EBITDA
$13.48 M (USD)-9as on Dec 31, 2021
-
Total Equity Funding
$40 M (USD)
in 5 rounds
-
Latest Funding Round
$61.32 M (USD), Debt – Conventional
Aug 03, 2022
-
Investors
BlackRock
& 6 more
-
Employee Count
29
as on Dec 31, 2023
-
Investments & Acquisitions
AriadNEXT
& 1 more
-
Acquired by
Corsair Capital
(Mar 06, 2025)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of IDnow
IDnow offers a comprehensive portfolio of products and services, including Automated Identity Verification, Expert-led Video Verification, In-person Verification, and Digital Signatures.
AI-driven tool for scalable and secure identity checks.
Face-to-face video process for enhanced security and compliance.
On-site identity checks at public locations for reliability.
Secure electronic signing to replace paper-based processes.
People of IDnow
Unlock access to complete
Unlock access to complete
Funding Insights of IDnow
IDnow has successfully raised a total of $40M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $61.32 million completed in August 2022. 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 IDnow
IDnow has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include BlackRock, Giesecke+Devrient and European Investment Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Finance and advisory services for infrastructure projects are provided.
|
Locked | Locked | Locked | |
|
Private equity investments are directed toward North America and Europe.
|
Locked | Locked | Locked | |
|
Tech & Life Sciences focused stage agnostic VC firm investing in Europe, Asia & the US
|
Locked | Locked | Locked |
Investor details for IDnow
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by IDnow
IDnow has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include AriadNEXT and Identity Trust Management.
Investment portfolio details for IDnow
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Electronic signature solution
|
Locked | Locked | 2011 | Locked | |
|
ID document verification is conducted for anti-fraud and identity management.
|
Locked | Locked | 2010 | Locked |
Complete acquisition details for IDnow
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - IDnow
Detailed financials for IDnow
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Idnow Comparisons
Peer comparison for IDnow
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of IDnow
IDnow 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 Zscaler, PayPal, Palantir, Snowflake and Alteryx, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Cybersecurity and zero trust solutions are delivered for secure networks.
|
|
| Locked | Locked | Locked |
Online payment solutions are offered to consumers and businesses.
|
|
| Locked | Locked | Locked |
Platform that provides data analysis and management solutions
|
|
| Locked | Locked | Locked |
Cloud-based big data warehouse for enterprise data management is provided.
|
|
| Locked | Locked | Locked |
Cloud-based data analytics solutions are delivered for insight generation.
|
|
| Locked | Locked | Locked |
Synchrony is engaged in providing credit cards and banking services.
|
Detailed competitors of IDnow
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Idnow
Complete news archive for IDnow
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about IDnow
IDnow was founded in 2010 and raised its 1st funding round 6 years after it was founded.
IDnow is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Andreas Bodczek is the current CEO of IDnow.
IDnow is a funded company, having raised a total of $40M across 5 funding rounds to date.
As of Dec 31, 2023, the latest employee count at IDnow is 29.
IDnow was founded in 2010 in Munich, Germany, and operates within the identity verification and digital trust sector. Solutions for customer onboarding, fraud prevention, and regulatory compliance are offered through automated processes, video-based expert verification, and in-person options. Additional trust services encompass digital signatures, timestamps, and electronic seals, supporting secure digital interactions across various industries.
IDnow offers Automated Identity Verification, Expert-led Video Verification, In-person Verification, and Digital Signatures.
IDnow has made 2 acquisitions, including AriadNEXT, and Identity Trust Management.
IDnow has 7 investors. Key investors include BlackRock, Giesecke+Devrient, European Investment Bank, Corsair Capital, and Seventure Partners.