When was Nect founded?

Nect was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Where is Nect located?

Nect is headquartered in Hamburg, Germany. It is registered at Nect GmbH Großer Burstah 19 + 21 / Hahntrapp 2 20457 Hamburg.

Which legal entities is Nect associated with?

Nect is associated with Nect Gmbh.

How many employees does Nect have?

As of Mar 31, 2026, the latest employee count at Nect is 93.

Is Nect a funded company?

Nect is a funded company, having raised a total of $2.7M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on May 29, 2020.

When was the latest funding round of Nect?

Nect's latest funding was a €***** Series B round on Mar 25, 2025, with participation from 1 investor.

Where does Nect rank among its competitors?

Nect ranks 17th amongst 1175 active competitors, of which 249 are funded. It stands 16th in terms of total funding among its competitors.

Who are the top competitors of Nect?

Nect's top competitors include Sedgwick, IDnow and IDfy. Among them, Nect secured the most recent funding round in March, 2025.

Nect - 2026 Company Profile, Team, Funding, Competitors & Financials

Nect is a series B company based in Hamburg (Germany), founded in 2017 by Benny Bennet Jurgens and Carlo Ulbrich. It operates as a Solutions for identity verification. Nect has raised $2.7M in funding from ALSTIN Capital. The company has 1175 active competitors, including 249 funded and 143 that have exited. Its top competitors include companies like Sedgwick, IDnow and IDfy.

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
Social
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

Series B, Mar 25, 2025, €*****

Investors

ALSTIN Capital & 9 more

Ranked

17^th among 1175 active competitors

Employee Count

93 as on Mar 31, 2026

Similar Companies

Sedgwick & 1198 more

View Nect's full profile

Nect is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Nect Gmbh CIN: HRB146327 , Germany, Active	May 07, 2017	-	108 (As on Dec 31, 2023)

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	7783248	Series B	1418710	1017662	4353211	5211789
May 29, 2020	7135428	Series A	6080072	7642181	Alstin Capital	Dieter von Holtzbrinck Ventures

Access funding benchmarks and valuations. Sign up today!

View details of Nect's funding rounds and investors

The founders of Nect are Benny Bennet Jurgens and Carlo Ulbrich. 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
Carlo Ulbrich: Co-Founder of Nect. They serve on the board of 1 company.

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
Benny Bennet Jurgens	Team	-	Current	8y 0m
Carlo Ulbrich	Team	-	Current	8y 0m

View details of Nect's Founder profiles and Board Members

Nect's employee count trend

Nect has 93 employees as of Mar 26. Here is Nect's employee count trend over the years:

Uncover Nect's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Nect include Sedgwick, IDnow and IDfy. Here is the list of Top 10 competitors of Nect, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sedgwick 1969, Memphis (United States), Acquired	Provider of claims administration, loss adjusting, and benefits management services	$2.63M	The Carlyle Group, Stone Point Capital & 10 others	75/100
2nd	IDnow 2010, Munich (Germany), Acquired	Provider of automated and expert-led identity verification and digital trust services	$40M	Seventure Partners, BayBG Venture Capital ... & 40 others	74/100
3rd	IDfy 2011, Mumbai (India), Series E	Provider of identity verification, background screening, fraud prevention, and risk solutions	$38.4M	Blume Ventures, New Enterprise Associates ... & 36 others	73/100
4th	Signicat 2006, Trondheim (Norway), Acquired	Provider of software solutions for identitiy management	$2.09M	Nordic Innovators, Viking Venture & 5 others	73/100
5th	Onfido 2012, London (United Kingdom), Acquired	Provider of identity verification solutions, including document and biometric authentication	$242M	Said Business School, Salesforce Ventures ... & 102 others	72/100
6th	Parallel Markets 2018, New York City (United States), Acquired	Software solutions for private market investors	$11.6M	Union Square Ventures, Comcast Ventures & 8 others	70/100
7th	Entrust 1969, Dallas (United States), Acquired	Provider of digital identity management solutions	-	Thoma Bravo, Olympus Partners	70/100
8th	HyperVerge 2014, Palo Alto (United States), Seed	Provider of AI-powered automation for document analysis and identity verification	$1M	New Enterprise Associates, Milliways Ventures ... & 5 others	70/100
9th	Fenergo 2009, Dublin (Ireland), Acquired	Cloud based KYC and AML management software	$181M	Ergo, Investec & 25 others	69/100
10th	Kriya 2010, London (United Kingdom), Series C	Online platform offering diversified business loans, payments, and authentication solutions	$515M	Northzone, Barclays & 14 others	69/100
17th	Nect 2017, Hamburg (Germany), Series B	Solutions for identity verification	$2.7M	Plug and Play Tech Center, ALSTIN Capital ... & 8 others	63/100