About Nect
Nect is a company based in Hamburg (Germany) founded in 2017 by Carlo Ulbrich and Benny Bennet Jurgens. It operates as a SaaS (Software-as-a-Service), and Managed Services. Nect has raised $2.7 million across 2 funding rounds from investors including Round2 Capital Partners, Alstin Capital and DvH Ventures. Nect offers products and services including Nect Ident, Nect Sign, Nect Box, Nect Wallet, and EUDI Wallet. Nect operates in a competitive market with competitors including Perfios, Signicat, IDnow, Onfido and IDfy, among others.
- Headquarter Hamburg, Germany
- Founders Carlo Ulbrich, Benny Bennet Jurgens
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Sectors
TechnologyFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Nect Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.7 M (USD)
in 2 rounds
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Latest Funding Round
$2.7 M (USD), Series B
Mar 25, 2025
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Investors
Round2 Capital Partners
& 2 more
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Employee Count
Employee Count
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Products & Services of Nect
Nect offers a comprehensive portfolio of products and services, including Nect Ident, Nect Sign, Nect Box, Nect Wallet, and EUDI Wallet. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Secure identity verification is provided using AI technology.
Qualified electronic signatures are enabled via mobile app.
All-in-one solution for digital customer contact is offered.
Digital verification and signatures are managed in one app.
European identity wallet standard integration is being implemented.
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Funding Insights of Nect
Nect has successfully raised a total of $2.7M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $2.7 million completed in March 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $2.7M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series B - Nect | Valuation |
investors |
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| May, 2020 | Amount | Series A - Nect | Valuation | ALSTIN Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nect
Nect has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Round2 Capital Partners, Alstin Capital and DvH Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Revenue-based investments are managed by this private debt fund.
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Founded Year | Domain | Location | |
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Venture capital investments are provided by Alstin Capital.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are made in European startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nect
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nect
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nect Comparisons
Competitors of Nect
Nect 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 Perfios, Signicat, IDnow, Onfido and IDfy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides financial technology solutions for data analysis and verification globally.
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| domain | founded_year | HQ Location |
Software solutions for identity management are provided via APIs.
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| domain | founded_year | HQ Location |
Automated and expert-led identity verification services are provided.
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| domain | founded_year | HQ Location |
Identity verification solutions are provided, including document and biometric authentication.
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| domain | founded_year | HQ Location |
Identity verification, background screening, and fraud prevention solutions are provided.
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| domain | founded_year | HQ Location |
Provider of digital identity management solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nect
Frequently Asked Questions about Nect
When was Nect founded?
Nect was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Nect located?
Nect is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
Who is the current CEO of Nect?
Benny Bennet Jurgens is the current CEO of Nect. They have also founded this company.
Is Nect a funded company?
Nect is a funded company, having raised a total of $2.7M across 2 funding rounds to date.
What does Nect do?
Nect is engaged in providing digital identity verification and electronic signature solutions through innovative technology. Services are offered across sectors like healthcare, insurance, banking, telecommunications, eGovernment, and gaming. Fully automated online identification based on artificial intelligence is developed, ensuring compliance with eIDAS standards. Tailored, cost-efficient solutions are created to enhance user experience and security. A digital ecosystem is being built to drive progress in the virtual space, addressing needs of both businesses and end-users with high usability.
What products or services does Nect offer?
Nect offers Nect Ident, Nect Sign, Nect Box, Nect Wallet, and EUDI Wallet.
Who are Nect's investors?
Nect has 3 investors. Key investors include Round2 Capital Partners, Alstin Capital, and DvH Ventures.
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