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.
- Website
- norbloc.com
- Email ID
- *****@norbloc.com
Key Metrics
Founded Year
2016
Location
Stockholm, Sweden
Stage
Seed
Total Funding
$1.6M in 1 round
Latest Funding Round
Investors
Ranked
85th among 1159 active competitors
Employee Count
20 as on May 31, 2026
Legal entities associated with Norbloc
Norbloc is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Norbloc AB CIN: 559065-6152 , Sweden, Active | Dec 31, 2015 | - | - | - |
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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 |
View details of Norbloc's funding rounds and investors
Norbloc's founders and board of directors
Founder? Claim ProfileThe 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:
- Vitalii Demianets: Co-founder & Chief Architect of Norbloc.
- Astyanax Kanakakis: CEO and co-founder of Norbloc.
View details of Norbloc's Founder profiles and Board Members
Norbloc's employee count trend
Norbloc has 20 employees as of May 26. Here is Norbloc's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $196M | 76/100 | |
2nd | Provider of a platform for identity verification and risk management | $62.7M | 75/100 | ||
3rd | Provider of automated and expert-led identity verification and digital trust services | $40M | 75/100 | ||
4th | M2P Fintech 2014, Chennai (India), Series D | Provider of APIs enabling banking, lending, and payment financial services | $188M | 74/100 | |
5th | AI based identity verification and e-Signing solution provider | $13.8M | 72/100 | ||
6th | Yoti 2014, London (United Kingdom), Series B | Provider of digital identity verification and age assurance software tools | $210M | 71/100 | |
7th | Onfido 2012, London (United Kingdom), Acquired | Provider of identity verification and digital security authentication software solutions | $242M | 70/100 | |
8th | Cloud based KYC and AML management software | $181M | 70/100 | ||
9th | NICE Actimize 1999, Hoboken (United States), Acquired | Provider of AI-driven anti-money laundering and fraud detection solutions | $24M | 70/100 | |
10th | Elliptic 2014, London (United Kingdom), Series D | Provider of blockchain analytics and digital asset risk management software | $224M | 70/100 | |
85th | 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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UAE Central Bank Partners with Norbloc AB for Nationwide e-KYC PlatformGulf News•Apr 15, 2026•CBUAE, Norbloc
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DIFC, Mashreq and norbloc join hands to launch blockchain data sharing consortiumGulf News•Aug 01, 2019•DIFC, Mashreq, Norbloc
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MidEast's first blockchain KYC data-sharing consortium launched in DubaiArabian Business•Aug 01, 2019•Mashreq, Norbloc, DIFC, Mashreq Bank
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Isabel Group and norbloc bring blockchain KYC initiative to pilotFinextra•Mar 15, 2018•Norbloc, Isabel Group
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