1NCE

1NCE

Private
CologneTelecommunications & Networkinghttps://1nce.com

Last Round

Series D

Apr 29, 2025

Total Funding Raised

$110M

Company Overview

1NCE is a telecommunications company that provides a software platform and connectivity services for Internet of Things (IoT) applications at a global flat rate.

Sector

Telecommunications & Networking

Verticals

Cloud Communications, Smart Grid, Fleet Management, Supply Chain Tracking, IoT Hardware

Business Model

B2B

Customer Profile

Hardware + Subscription, Usage-Based SaaS, Freemium, Hardware Sales

AI Layer

Non-AI

Keywords

IoT connectivityflat-rate IoT connectivityIoT SIM cardscellular connectivityIoT carrierM2M connectivitylow-bandwidth IoTIoT MVNOglobal SIM cardIoT data planpre-paid IoTIoT platformconnectivity managementIoT device managementchip SIMasset trackingvehicle telematicssmart utilities

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1NCE Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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1NCE Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series DApr 29, 2025
Series CSep 29, 2021

Key People

Founding team and executive leadership

Alexander P. Sator

Chief Executive Officer, Founder

Founding Team

Ivo Rook

Co-CEO

Executive Team

Younes Allaki

Chief Technology Officer

Executive Team

Sven Adler

Chief Financial Officer (CFO) Managing Director

Executive Team

1NCE Investors

Notable investors and investment history

InvestorRounds
SoftBank GroupSeries D, Series C
Kensington Capital PartnersSeries C, Series D
SoftBank CorpSeries D
Vicenda GroupSeries D
SoftBankSeries C
I Squared CapitalSeries C

1NCE Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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1NCE Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersCologne
Employee Range280
Year Founded2017
Last FundingApr 29, 2025

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