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IDnow - About the company

IDnow is an acquired company based in Munich (Germany), founded in 2010 by Felix Haas, Sebastian Baerhold, Dennis Von Ferenczy and Armin Bauer. It operates as a Provider of automated and expert-led identity verification and digital trust services. IDnow has raised $40M in funding from investors like Seventure Partners, BayBG Venture Capital and Giesecke+Devrient. The company has 1116 active competitors, including 241 funded and 158 that have exited. Its top competitors include companies like PayPal, Oracle and Broadcom.

Company Details

Provider of automated and expert-led identity verification and digital trust services. They offer solutions for secure customer onboarding, fraud prevention, and compliance with regulations. The company’s offerings include automated identity verification, expert-led video verification, and in-person verification options. Trust services facilitate digital signatures, time stamps, and electronic seals.
Social
XFacebook
Email ID
*****@idnow.io
Phone Number
+49 **********
Key Metrics
Founded Year
2010
Location
Munich, Germany
Stage
Acquired
Total Funding
$40M in 5 rounds
Ranked
Employee Count
443 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Corsair Capital (Mar 06, 2025)

IDnow's acquisition details

IDnow got acquired by Corsair Capital on Mar 06, 2025 at an acquisition amount of $*****.
Click here to take a look at IDnow's acquisition in detail
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IDnow's funding and investors

IDnow has raised a total funding of $40M over 5 rounds. Its first funding round was on Sep 26, 2016. Its latest funding round was a Conventional Debt round on Aug 03, 2022 for $*****. 1 investor participated in its latest round. IDnow has 24 institutional investors and 18 angel investors.

Here is the list of recent funding rounds of IDnow:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 03, 2022
8428082
Conventional Debt
7752923
3868536
8083520
8221406
Dec 08, 2020
9591471
Conventional Debt
1753753
4260660
3648470
Oct 28, 2019
9405448
Series C
2360845
5945989
2459260
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IDnow's founders and board of directors

Founder? Claim Profile
The founders of IDnow are Felix Haas, Sebastian Baerhold, Dennis Von Ferenczy and Armin Bauer. Andreas Bodczek is the CEO of IDnow.
Here are the details of IDnow's key team members:

IDnow's Board of Directors

IDnow's board has 6 active members. Sebastian Baerhold, Armin Bauer and Andreas Bodczek are part of team and Rupert Spiegelberg, Andrea Bodczek and Joseph Lichtenberger are independent board members.
Here is the list of IDnow's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
12y 3m
c{peplv
Team
-
Past
4y 8m
wp{jzba
Team
-
Past
5y 6m
qpxvnxn
Team
-
Past
5y 7m
zvdmizz
Team
-
Past
7y 9m
Independent board member
-
Current
8y 2m
kyagshq
Independent board member
-
Current
3y 3m
whpbmic
Independent board member
-
Past
3y 5m
boccaxo
Independent board member
-
Past
6y 9m
bjdmfqn
Independent board member
-
Past
1y 1m
ndqmqo{
Independent board member
-
Past
2y 9m

IDnow's employee count trend

IDnow has 443 employees as of Apr 26. Here is IDnow's employee count trend over the years:
Employee count trend for IDnow
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IDnow's Competitors and alternates

Top competitors of IDnow include PayPal, Oracle and Broadcom. Here is the list of Top 10 competitors of IDnow, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for PayPal
PayPal
1998, United States, Public
Provider of online payment solutions, money transfers, and virtual wallets
$216M
87/100
2nd
Logo for Oracle
Oracle
1977, Austin (United States), Public
Hybrid cloud infrastructure platform
-
83/100
3rd
Logo for Broadcom
Broadcom
1991, California (United States), Public
Platform offering data center fiber optic networks
-
78/100
4th
Logo for TrustArc
TrustArc
1997, Walnut Creek (United States), Acquired
Cloud-based data privacy and compliance solutions for businesses
$107M
78/100
5th
Logo for Chainalysis
Chainalysis
2014, New York City (United States), Series F
Blockchain data platform providing crypto insights
$538M
77/100
6th
Logo for Alteryx
Alteryx
1997, Irvine (United States), Acquired
Cloud based suite of data analytics solutions
$163M
77/100
7th
Logo for Jumio
Jumio
2010, Sunnyvale (United States), Acquired
Provider of AI-powered identity verification solutions
$196M
76/100
8th
Logo for Idfy
Idfy
2011, Mumbai (India), Series F
Provider of a platform for identity verification and risk management
$62.7M
75/100
9th
Logo for NICE
NICE
1986, Hoboken (United States), Public
Cloud based platform offering customer experience management software
-
75/100
10th
Logo for IDnow
IDnow
2010, Munich (Germany), Acquired
Provider of automated and expert-led identity verification and digital trust services
$40M
75/100
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IDnow's Investments and acquisitions

IDnow has acquired 2 companies including AriadNEXT and Identity Trust Management. IDnow has not made any investments as of now.

News related to IDnow

lockFilter this list
Media has covered IDnow for a total of 7 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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FAQs about IDnow

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