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 Aug 31, 2026, the latest employee count at 1NCE is 276.

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 6th amongst 226 active competitors, of which 29 are funded. It stands 2nd 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 Sierra Wireless. 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

6^th among 226 active competitors

Employee Count

276 as on Aug 31, 2026

Similar Companies

Altair & 258 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 TELECOMUNICACOES LTDA CIN: 45.061.943/0001-62 , Brazil, Active	Jan 28, 2022	-	-	-
1NCE INC. CIN: 0018y000008r2wUAAQ , United States, Active	Apr 14, 2023	-	-	-
1NCE Latvia CIN: 40203204013 , Latvia, Active	Mar 29, 2019	€1M - €10M (As on Dec 31, 2022)	62 (As on Dec 31, 2022)	-
1nce Gmbh CIN: HRB92529 , Germany, Active	Oct 25, 2017	-	118 (As on Dec 31, 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	1095214	Series D	6299236	2642783	4545262	6552219
Jun 08, 2022	7542067	Series C	1176972	1901018	9952671	SoftBank Group
Jan 26, 2022	5118106	Series C	5566209	8620246	I Squared	Kensington Capital Partners

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View details of 1NCE's funding rounds and investors

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

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

Kim Juchem: of 1NCE.
Alexander P Sator: Founder & Co-CEO of 1NCE.
Contact Info: 1 email address
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
mwqnedy	Team	-	Past	8y 7m
ecwbxte	Team	-	Current	6y 9m
vzxzxjg	Independent board member	-	Past	4y 6m
xyiejfy	Independent board member	-	Past	3y 3m
jvlbbfj	Independent board member	-	Past	2y 3m
smrpypg	Independent board member	-	Past	1y 8m
nuvlcrp	Independent board member	-	Past	2y 1m

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

1NCE's employee count trend

1NCE has 276 employees as of Aug 26. Here is 1NCE's employee count trend over the years:

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Top competitors of 1NCE include Altair, Soracom and Sierra Wireless. 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, BRM & 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	Sierra Wireless 1993, Richmond (Canada), Acquired	Provider of communication modules for IoT applications	-	CampVentures, Granite Ventures & 3 others	67/100
4th	Eseye 2007, Guildford (United Kingdom), Series C	IoT connectivity solutions for businesses	$81.8M	Eikon Capital, Sandleton & 31 others	67/100
5th	Syniverse 1987, Tampa (United States), Acquired	Provider of connectivity, mobility, and messaging solutions for various industries	-	Qualcomm Ventures, Thecarlylegroup.fr & 1 others	66/100
6th	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
7th	GCT Semiconductor 1998, San Jose (United States), Public	Developer of chips and modules for 4G LTE and 5G	$351M	Samsung Venture Investment, BoKwang & 25 others	62/100
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	CSL 1996, Nottingham (United Kingdom), Acquired	Provider of IoT connectivity solutions for critical infrastructure and operations	-	ECI Partners, Bowmark Capital & 1 others	58/100
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