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1NCE
1NCE is the only provider of connectivity and software for IoT at a global Lifetime Flat
- 201-500 employees
- B2B
- Communication
- Internet of Things
- Telecommunications
- Cloud Computing
- Kapitol-Viertel, Köln, Germany
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Company mission
1nce's mission is to change the IoT industry, so its customers can change the world.
Our take
The Internet of Things (IoT) stands to revolutionise the world through a network of connected devices able to communicate autonomously, but the industry faces a major bottleneck in the connectivity part of this equation. While there are numerous telecoms providers, their pricing structures are confusing and often far too expensive for the limited data needs of many IoT devices. Enter 1NCE, an IoT network carrier offering a one-off, flat fee to connect any device for its entire expected lifetime.
Aside from being alone in its flat pricing structure, 1NCE also stands out for the flexibility of its offering. IoT devices often find themselves in places where network coverage is almost non-existent, so connectivity solutions have to be adaptable. 1NCE can connect worldwide using all known cellular radio standards. These advantages have seen it gain 12,000 corporate customers using its SIMs in over 15 million connected devices.
Having disrupted the IoT connectivity market, 1NCE is turning its focus on the IoT software industry with the launch of its 1NCE OS. This set of developer tools and device controls is included to customers for free with its flat pricing plan. In the immediate future, 1NCE will develop this offering and expand its marketing efforts as it grows into a major player in an industry that it is rapidly disrupting.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- An exciting environment that will revolutionize the telecommunications market for IoT
- Varied, agile work in a growing company with an international team with plenty of space for new ideas and strategies where self-started individuals are highly valued and work effort is not measured in time but in results
- Nilo.Health platform for your well-being
- Work around the world program
- Virtual Shares program
- Working on cutting-edge technologies
- Flexible working models to accommodate work-life balance
- 26 days of paid annual leave
- Global and local events to strengthen our team spirit and have fun together
- And many more depending on your location (e.g. gym membership, transportation allowance, language courses, pension scheme, etc.)
Funding (1 round)
Sep 2021
$50m
LATE VC
Total funding: $50m
This company has top investors
Leadership
Alexander P. Sator
(CEO)Is also Chairman of the Supervisory Board at Solutions30 and MD at Sapfi Kapital Management.
Younes Allaki
(CTO)Was previously Vice President M2M/IoT at Deutche Telekom. Before that was VP at T-Systems and Head of Product for congstar.