1NCE

1NCE is the only provider of connectivity and software for IoT at a global flat rate.

General Information
Company Name
1NCE
Founded Year
2017
Location (Offices)
Cologne, Germany +1
Founders / Decision Makers
Number of Employees
293
Industries
Data Analytics, IT, IoT +1
Funding Stage
Series Unknown
Social Media

1NCE - Company Profile

**1NCE** is a provider of connectivity and software for IoT at a global flat rate, with a **slogan** of being the only company offering such services. Founded in **2017** by CEO Alexander P. Sator and Deutsche Telekom AG, the company has positioned itself as a leading player in the IoT market, providing fast, secure, and reliable cellular connectivity and software services in over **168 countries**. The **1NCE IoT Lifetime Flat fee** involves a one-off payment of **$10** for **10 years**, enabling affordable and scalable IoT applications for various purposes such as smart utilities, asset tracking, and vehicle telematics. Headquartered in **Cologne, Germany**, 1NCE has a significant presence in **Amsterdam, Hamburg, Hong Kong, London, Miami, Paris, Riga, Rome**, and **Warsaw** with a workforce of over **350 staff**. In **June 2022**, 1NCE secured a **Venture Round investment** with **SoftBank Vision Fund** as the lead investor, signaling a vote of confidence in the company's innovative approach and global ambitions. Overall, 1NCE's unique offering, global reach, and strategic partnerships position it as a promising player in the **Data Analytics, IT, IoT**, and **Telecom** industries, with potential for significant growth and impact in the coming years.

Taxonomy: IoT Connectivity, NB-IoT Connectivity, Asset Tracking, Vehicle Telematics, Smart Utilities, Smart Metering, Waste Management, Global Flat Rate, Cellular Connectivity, Software Services, MVNO, M2M, Roaming, Deutsche Telekom AG, Internet of Things

Funding Rounds & Investors of 1NCE (3)

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Funding Stage Amount No. Investors Investors Date
Venture Round Unknown 1 08 Jun 2022
Venture Round Unknown 1 26 Jan 2022
Venture Round $50.00M 2 Deutsche Telekom 29 Sep 2021

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