When was 1NCE founded?

1NCE was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Where is 1NCE located?

1NCE is headquartered in Cologne, Germany.

Who is the current CEO of 1NCE?

Alexander P Sator and Ivo Rook s of 1NCE.

How many employees does 1NCE have?

As of Apr 30, 2026, the latest employee count at 1NCE is 275.

Is 1NCE a funded company?

1NCE is a funded company, having raised a total of $160M across 4 funding rounds to date. The company's 1st funding round was a $***** Series C round, raised on Sep 29, 2021.

When was the latest funding round of 1NCE?

1NCE's latest funding was a $***** Series D round on Apr 29, 2025, with participation from 5 investors.

Where does 1NCE rank among its competitors?

1NCE ranks 5th amongst 207 active competitors, of which 29 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Altair, which secured $50M in Apr, 2026.

Who are the top competitors of 1NCE?

1NCE's top competitors include Altair, Soracom and Eseye. Among them, Altair secured the most recent funding round in April, 2026.

1NCE - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of managed connectivity services for low bandwidth hardware devices. These services facilitate data transmission for connected products through cellular network access. The platform includes software tools for device management and data integration. Hardware options include subscriber identity modules designed for integration into various industrial and consumer equipment. The infrastructure supports multiple radio standards to enable communication for remote monitoring and tracking applications.

Website: www.1nce.com/en-us
Social
Email ID: *****@1nce.com

Key Metrics

Founded Year

2017

Location

Cologne, Germany

Stage

Series D

Total Funding

$160M in 4 rounds

Latest Funding Round

Series D, Apr 29, 2025, $*****

Investors

I Squared & 14 more

Ranked

5^th among 207 active competitors

Employee Count

275 as on Apr 30, 2026

Similar Companies

Altair & 239 more

View 1NCE's full profile

1NCE is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
1nce Gmbh CIN: HRB92529 , Germany, Active	Oct 25, 2017	-	118 (As on Dec 31, 2023)
1NCE TELECOMUNICACOES LTDA CIN: 45.061.943/0001-62 , Brazil, Active	Jan 28, 2022	-	-	-
1NCE Latvia CIN: 40203204013 , Latvia, Active	Mar 29, 2019	$6.06M (As on Dec 31, 2022)	62 (As on Dec 31, 2022)	-
1NCE INC. CIN: 0018y000008r2wUAAQ , United States, Active	Apr 14, 2023	-	-	-

1NCE has raised a total funding of $160M over 4 rounds. Its first funding round was on Sep 29, 2021. Its latest funding round was a Series D round on Apr 29, 2025 for $*****. 5 investors participated in its latest round. 1NCE has 9 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of 1NCE:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 29, 2025	1071344	Series D	4177271	1466678	4275694	7473843
Jun 08, 2022	5741301	Series C	6216017	9674373	3429761	SoftBank Group
Jan 26, 2022	8707616	Series C	3925755	8893387	I Squared	Kensington Capital Partners

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View details of 1NCE's funding rounds and investors

The founders of 1NCE are Alexander P Sator and Kim Juchem. Ivo Rook is the CEO of 1NCE.

Here are the details of 1NCE's key team members:

Alexander P Sator: Founder & Co-CEO of 1NCE.
Contact Info: 1 email address
Kim Juchem: of 1NCE.
Ivo Rook: Co-CEO of 1NCE.

1NCE's Board of Directors

1NCE's board has 1 active member. Ivo Rook is part of team.

Here is the list of 1NCE's board of directors:

Name	Type	Representing	Status	Duration
zgdkiic	Team	-	Past	5y 3m
qqudmva	Team	-	Current	6y 1m
iuedkmh	Independent board member	-	Past	6y 6m
pfjyq{b	Independent board member	-	Past	2y 3m
rwktnzk	Independent board member	-	Past	6y 4m
jeitqrb	Independent board member	-	Past	4y 5m
xmwirzz	Independent board member	-	Past	5y 2m

View details of 1NCE's Founder profiles and Board Members

1NCE's employee count trend

1NCE has 275 employees as of Apr 26. Here is 1NCE's employee count trend over the years:

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Top competitors of 1NCE include Altair, Soracom and Eseye. Here is the list of Top 10 competitors of 1NCE, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Altair 2005, Hod Hasharon (Israel), Acquired	Developer of LTE chipsets	$124M	JVP, Bessemer Venture Partners & 13 others	70/100
2nd	Soracom 2014, Tokyo (Japan), Public	Provider of IoT connectivity solutions and platform services for device management	$11.4M	World Innovation Lab, Pavilion Capital Partners ... & 9 others	69/100
3rd	Eseye 2007, Guildford (United Kingdom), Series C	IoT connectivity solutions for businesses	$81.8M	Eikon Capital, Sandleton & 31 others	67/100
4th	Syniverse 1987, Tampa (United States), Acquired	Provider of connectivity, mobility, and messaging solutions for various industries	-	Twilio, Qualcomm Ventures	67/100
5th	1NCE 2017, Cologne (Germany), Series D	Provider of managed connectivity services for low bandwidth hardware devices	$160M	SoftBank Group, I Squared & 13 others	63/100
6th	GCT Semiconductor 1998, San Jose (United States), Public	Developer of chips and modules for 4G LTE and 5G	$351M	Samsung Venture Investment, BoKwang & 24 others	62/100
7th	Truphone 2006, Unterschleissheim (Germany), Series C	Provider of international mobile services	$696M	Wellington Partners Venture Capital, orchidsubtrust.com ... & 39 others	61/100
8th	Teal Communications 2018, Bellevue (United States), Series A	Provider of network orchestration service and eSIM for IoT connectivity	$27.1M	StageDotO, Stormbreaker Ventures & 5 others	60/100
9th	Airlinq 2010, San Ramon (United States), Series B	IoT and SaaS-based provider of application development solutions for connected ecosystems	$23.2M	Verizon, Zeev Ventures & 6 others	60/100
10th	Italtel 1921, Milan (Italy), Acquired	Provider of network evolution, cyber security, and digital communication solutions	-	Advent International, Brera Capital Partners ... & 1 others	58/100