1NCE
Company

Last deal

Amount

Venture - Series Unknown

Stage

08.06.2022

Date

3

all rounds

$50M

Total amount

General

About Company
1NCE provides global flat-rate connectivity and software for IoT devices at an affordable price.

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founded date

01.12.2017

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company offers multimode-support SIM cards that provide fast, secure, and reliable cellular connectivity services in over 110 countries worldwide. Their 1NCE IoT Flat Rate plan involves a one-off payment of $10 for 10 years, making IoT applications scalable and affordable for smart utilities, asset tracking, vehicle telematics, and other uses. Founded in 2017 by CEO Alexander P. Sator and Deutsche Telekom AG, 1NCE is headquartered in Cologne, Germany, and has 200 staff in various locations worldwide.
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