Nect - About the company
Nect is a series B company based in Hamburg (Germany), founded in 2017 by Benny Bennet Jurgens. It operates as a Solutions for identity verification. Nect has raised $2.7M in funding from Alstin Capital. The company has 1107 active competitors, including 187 funded and 116 that have exited. Its top competitors include companies like Yoti, IDnow and Entrust.
Company Details
Nect provides solutions for identity verification. The product offered by the company includes card i dent and self i dent. The features offered by the product are ID scans, validation, user journey and digital remote identification. It also encrypts data traffic using SSL standard and provide protection from hackers.
- Website
- nect.com
- Email ID
- *****@nect.com
- Phone Number
- +49 **********
- Registered Address
- Nect GmbH Großer Burstah 19 + 21 / Hahntrapp 2 20457 Hamburg
Key Metrics
Founded Year
2017
Location
Hamburg, Germany
Stage
Series B
Total Funding
$2.7M in 2 rounds
Latest Funding Round
Investors
Ranked
22nd among 1107 active competitors
Employee Count
117 as on Sep 30, 2026
Legal entities associated with Nect
Nect is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Nect Gmbh CIN: HRB146327 , Germany, Active | May 07, 2017 | - | 108 (As on Dec 31, 2023) |
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Nect's funding and investors
Nect has raised a total funding of $2.7M over 2 rounds. Its first funding round was on May 29, 2020. Its latest funding round was a Series B round on Mar 25, 2025 for €*****. 1 investor participated in its latest round. Nect has 10 institutional investors.
Here is the list of recent funding rounds of Nect:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 25, 2025 | 7844744 | Series B | 4560917 | 3533283 | 3313577 | 4560705 |
May 29, 2020 | 6927177 | Series A | 3742766 | 8457827 |
View details of Nect's funding rounds and investors
Nect's founders and board of directors
Founder? Claim ProfileThe founders of Nect is Benny Bennet Jurgens. Benny Bennet Jurgens is the CEO of Nect.
Here are the details of Nect's key team members:
- Benny Bennet Jurgens: Co-Founder & CEO of Nect. They serve on the board of 1 company.Contact Info: 1 email address
Nect's Board of Directors
Nect's board has 2 active members. Benny Bennet Jurgens and Carlo Ulbrich are part of team.Here is the list of Nect's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 2m | |
Team | - | Current | 9y 2m |
View details of Nect's Founder profiles and Board Members
Nect's employee count trend
Nect has 117 employees as of Sep 26. Here is Nect's employee count trend over the years:
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Nect's Competitors and alternates
Top competitors of Nect include Yoti, IDnow and Entrust. Here is the list of Top 10 competitors of Nect, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Yoti 2014, London (United Kingdom), Series B | Provider of privacy-focused identity and age solutions | $210M | 76/100 | |
2nd | Provider of automated and expert-led identity verification and digital trust services | $40M | 75/100 | ||
3rd | Entrust 1969, Dallas (United States), Acquired | Provider of identity-centric security solutions, including issuance and data protection | - | 74/100 | |
4th | Cloud based KYC and AML management software | $181M | 72/100 | ||
5th | NICE Actimize 1999, Hoboken (United States), Acquired | Provider of AI-driven anti-money laundering and fraud detection solutions | $24M | 72/100 | |
6th | Provider of digital solutions for KYC, document management, and digital signatures | $11.9M | 72/100 | ||
7th | AuthBridge 2005, Gurugram (India), Series B | Provider of identity verification, employee screening, and due diligence platform | $11.2M | 72/100 | |
8th | Provider of digital identity verification | $330M | 71/100 | ||
9th | AI based identity verification software | $200M | 70/100 | ||
10th | Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $201M | 70/100 | |
22nd | Solutions for identity verification | $2.7M | 66/100 |
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Nect's Investments and acquisitions
Nect has made no investments or acquisitions yet.
Reports related to Nect
Here is the latest report on Nect's sector:
News related to Nect
Media has covered Nect for a total of 3 events in the last 1 year, 2 of them have been about company updates.
•
Nect Achieves eIDAS Certification for EUDI Wallet Trust ServicesBiometricUpdate.com•Jul 23, 2026•Nect
•
Nect to Provide Digital ID Alternative to BundID in Schleswig-Holstein, GermanyBiometricUpdate.com•May 28, 2026•Nect
•
Nect brings biometric identification to German healthcare systemBiometricUpdate.com•Dec 04, 2025•Nect
•
•
Nect receives 2.5 million euros investment for digital identity solutionsTrending Topics•Mar 25, 2025•Nect, Round2 Capital Partners
•
Carsten Maschmeyers VC invests millions in tech startup NectGruenderszene•May 29, 2020•Nect, Dieter von Holtzbrinck Ventures, ALSTIN Capital
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