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 1273 active competitors, including 236 funded and 148 that have exited. Its top competitors include companies like IDnow, M2P Fintech and Jumio.
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
- Social
- 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
116th among 1273 active competitors
Employee Count
21 as on Sep 30, 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 | Reports |
|---|---|---|---|---|
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 | 4696300 | Seed | 5586832 | 5649838 | 2001011 | 1649511 |
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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 21 employees as of Sep 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 IDnow, M2P Fintech and Jumio. 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 | Provider of automated and expert-led identity verification and digital trust services | $40M | 75/100 | ||
2nd | M2P Fintech 2014, Chennai (India), Series D | Provider of APIs enabling banking, lending, and payment financial services | $188M | 74/100 | |
3rd |  Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $201M | 73/100 | |
4th | Provider of digital solutions for KYC, document management, and digital signatures | $11.9M | 72/100 | ||
5th | AI based identity verification and e-Signing solution provider | $13.8M | 72/100 | ||
6th | Provider of a platform for identity verification and risk management | $85.4M | 71/100 | ||
7th |  Yoti 2014, London (United Kingdom), Series B | Provider of privacy-focused identity and age solutions | $210M | 71/100 | |
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 2013, London (United Kingdom), Series D | Provider of blockchain analytics software for digital asset risk management | $224M | 70/100 | |
116th | KYC and AML software solutions | $1.6M | 55/100 |
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Norbloc's Investments and acquisitions
Norbloc has made no investments or acquisitions yet.
Reports related to Norbloc
Here is the latest report on Norbloc's sector:
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.
•
UAE Central Bank Partners with Norbloc AB for Nationwide e-KYC PlatformGulf News•Apr 15, 2026•CBUAE, Norbloc
•
DIFC, Mashreq and norbloc join hands to launch blockchain data sharing consortiumGulf News•Aug 01, 2019•Mashreq, Norbloc, DIFC
•
MidEast's first blockchain KYC data-sharing consortium launched in DubaiArabian Business•Aug 01, 2019•Mashreq, Norbloc, Mashreq Bank, DIFC
•
•
Isabel Group and norbloc bring blockchain KYC initiative to pilotFinextra•Mar 15, 2018•Norbloc, Isabel Group
•
norbloc Raises $1.6M Seed Funding To Help Its Users Transfer Files Between Financial InstitutionsTech Company News•Nov 24, 2017•Norbloc, Marathon Venture Partners, Digital Currency Group, Inbox Capital
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