# 1NCE: Telecommunications, Cologne, Germany

> 1NCE: 1NCE is a global technology company based in Cologne, Germany, specializing in connectivity and software solutions for the Internet of Things (IoT).

Source: https://millionrounds.com/startup/1nce (Millionrounds; every figure on the page links to its filing or article)

Germany · [Telecommunications startup](https://millionrounds.com/companies)

# 1NCE

1NCE is a global technology company based in Cologne, Germany, specializing in connectivity and software solutions for the Internet of Things (IoT).

Funding reported Last round: Undisclosed round

Telecommunications Cologne, Germany

Company summary

- **Founded:** 2017 9 years old
- **Team:** 290 201 to 1,000 people
- **Funding reported:** 60M as listed, currency not stated
- **Last round:** Undisclosed round Jun 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for 1NCE has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About 1NCE

1NCE is a global technology company based in Cologne, Germany, specializing in connectivity and software solutions for the Internet of Things (IoT).

Founded in December 2017 by Alexander P. Sator, 1NCE is known for its innovative IoT Lifetime Flat Connectivity service, which simplifies global IoT connectivity with a straightforward pricing model. The company serves over 24,000 customers, including more than 60 Fortune 500 companies, and manages over 30 million connected devices across 173 countries. 1NCE offers a range of services tailored for low-bandwidth IoT applications. Their flagship product, the 1NCE IoT Lifetime Flat, provides up to 10 years of connectivity for a flat fee, covering essential features like data allowance and SMS capabilities. The company also provides a cloud-based software platform for device management and data collection, along with advanced features for IoT analytics and automation. With a commitment to making connectivity simple and affordable, 1NCE is recognized as a leader in the IoT connectivity space.

## What company datasets say 1NCE raised

Funding, as reported

Reported in all **60M** in the source's currency

Rounds **3**

Last round **Undisclosed round**

Last round size **60M**

Last round date **Jun 2022**

Investors listed **5**

## On 2 portfolio pages

Investors who name them

- [Kensington Capital Partners Limited](https://millionrounds.com/fund/kensington-capital-partners-limited)
- [Humans of the Internet (HOTI)](https://millionrounds.com/fund/humans-of-the-internet-hoti)

Each firm lists 1NCE on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

roaming iot connectivity carrier low bandwidth connectivity m2m nbiot connectivity iot internet of things vehicle telematics asset tracking waste management tank monitoring smart metering iot mvno

Built with from their website

TypeScript Kubernetes AWS Marketplace NetSuite Vercel Microsoft 365 AWS Cloud Amazon Virtual Private Cloud Argocd Multilingual

+8 more

Go IBM HTTP Server DPDK AWS Direct Connect CMS Made Simple Apache Kafka Business Wire Amazon AWS

- **Sector:** Telecommunications
- **Region:** North Rhine-Westphalia
- **Revenue:** 180.4M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/1nce)

## Telecommunications in Germany

Startups like it

- [**emnify** Berlin · founded 2014 *Raised*](https://millionrounds.com/company/emnify)
- [**Ubidyne GmbH** Ulm · founded 2005](https://millionrounds.com/startup/ubidyne-gmbh)
- [**Speek** Cologne · founded 2012](https://millionrounds.com/startup/speek)
- [**ALCAN Systems** Darmstadt · founded 2016](https://millionrounds.com/startup/alcan-systems)
- [**INCIRT** Aachen · founded 2022](https://millionrounds.com/startup/incirt)
- [**Jodel** Berlin · founded 2014](https://millionrounds.com/startup/jodel)
- [**fg microtec** Eching · founded 2000](https://millionrounds.com/startup/fg-microtec)
- [**Innovationszentrum für Telekommunikationstechnik GmbH IZT** Erlangen · founded 1997](https://millionrounds.com/startup/innovationszentrum-f-r-telekommunikationstechnik-gmbh-izt)

## Is this your company?

Add your raise, your deck and your story, and put 1NCE in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)