Amount Raised
€15 Million
Round Type
Venture
MunichInformation TechnologySecurityDescription
The European Investment Bank (EIB) will provide €15 million of growth funding to the German identity verification platform IDnow. IDnow is an expert in secure, remote auto and video identification and electronic signature services. This enables companies to acquire customers and manage transactions faster and easier, while complying with know your customer (KYC) and anti-money laundering (AML) regulations. The investment will primarily support IDnow's research and development (R&D) activities as well as its international growth.
Quick answer
IDnow raised €15 Million in a funding round, dated December 8, 2020. IDnow is based in Munich, Bavaria, Germany.
- How much did IDnow raise?
- IDnow raised €15 Million in a funding round on December 8, 2020.
- What does IDnow do?
- IDnow is a leading identity verification platform provider in Europe with a vision to make the connected world a safer place.
- Where is IDnow based and how big is it?
- IDnow is based in Munich, Bavaria, Germany. Fundz records about 800 employees.
- Who are the decision-makers at IDnow?
- Fundz holds 1 contact at IDnow, including the Senior Talent Acquisition Partner. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Security around the same time
Companies in the same sectors as IDnow that raised within 45 days of this round, from Fundz verified event records.
- RapidSOS raised $51M on December 31, 2020.
- JumpCloud raised $6.3M on December 22, 2020.
- Beyond Identity raised $75M on December 14, 2020.
- Alternative Ballistics raised $40K (Pre-Seed) on December 9, 2020.
- ADT raised an undisclosed amount on December 9, 2020.
- Orca Security raised $55M (Series B) on December 8, 2020.
Who to call at IDnow, and when
A new round usually means IDnow is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day IDnow raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at IDnow, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at IDnow. With Fundz connected, it knows.
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Fundz sees it the moment IDnow raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
IDnow raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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