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Norbloc - About the company

Norbloc is a seed company based in Stockholm (Sweden), founded in 2016 by Vitalii Demianets and Astyanax Kanakakis. It operates as a KYC and AML software solutions. Norbloc has raised $1.6M in funding from Marathon Venture Capital. The company has 1159 active competitors, including 237 funded and 146 that have exited. Its top competitors include companies like Jumio, Idfy and IDnow.

Company Details

KYC and AML software solutions. It provides a blockchain-based Know Your Customer platform. The platform is GDPR and 4th KYC and AML directive compliant and has features like reduced duplication, automated screenings, secure data management, and more.
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Email ID
*****@norbloc.com
Key Metrics
Founded Year
2016
Location
Stockholm, Sweden
Stage
Seed
Total Funding
$1.6M in 1 round
Latest Funding Round
Ranked
Employee Count
20 as on May 31, 2026
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Norbloc's funding and investors

Norbloc has raised a total funding of $1.6M over 1 round. Its latest funding round was a Seed round on Oct 18, 2017 for $*****. 4 investors participated in its latest round. Norbloc has 7 institutional investors.

Here is the list of recent funding rounds of Norbloc:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 18, 2017
6234718
Seed
3664408
3556009
3118997
1709272
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Norbloc's founders and board of directors

Founder? Claim Profile
The founders of Norbloc are Vitalii Demianets and Astyanax Kanakakis. Astyanax Kanakakis is the CEO of Norbloc.
Here are the details of Norbloc's key team members:

Norbloc's employee count trend

Norbloc has 20 employees as of May 26. Here is Norbloc's employee count trend over the years:
Employee count trend for Norbloc
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Norbloc's Competitors and alternates

Top competitors of Norbloc include Jumio, Idfy and IDnow. Here is the list of Top 10 competitors of Norbloc, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Jumio
Jumio
2010, Sunnyvale (United States), Acquired
Provider of AI-powered identity verification solutions
$196M
76/100
2nd
Logo for Idfy
Idfy
2011, Mumbai (India), Series F
Provider of a platform for identity verification and risk management
$62.7M
75/100
3rd
Logo for IDnow
IDnow
2010, Munich (Germany), Acquired
Provider of automated and expert-led identity verification and digital trust services
$40M
75/100
4th
Logo for M2P Fintech
M2P Fintech
2014, Chennai (India), Series D
Provider of APIs enabling banking, lending, and payment financial services
$188M
74/100
5th
Logo for Evrotrust
Evrotrust
2015, Sofia (Bulgaria), Series B
AI based identity verification and e-Signing solution provider
$13.8M
72/100
6th
Logo for Yoti
Yoti
2014, London (United Kingdom), Series B
Provider of digital identity verification and age assurance software tools
$210M
71/100
7th
Logo for Onfido
Onfido
2012, London (United Kingdom), Acquired
Provider of identity verification and digital security authentication software solutions
$242M
70/100
8th
Logo for Fenergo
Fenergo
2009, Dublin (Ireland), Acquired
Cloud based KYC and AML management software
$181M
70/100
9th
Logo for NICE Actimize
NICE Actimize
1999, Hoboken (United States), Acquired
Provider of AI-driven anti-money laundering and fraud detection solutions
$24M
70/100
10th
Logo for Elliptic
Elliptic
2014, London (United Kingdom), Series D
Provider of blockchain analytics and digital asset risk management software
$224M
70/100
85th
Logo for Norbloc
Norbloc
2016, Stockholm (Sweden), Seed
KYC and AML software solutions
$1.6M
53/100
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Norbloc's Investments and acquisitions

Norbloc has made no investments or acquisitions yet.

News related to Norbloc

Media has covered Norbloc for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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