IDNow

OverviewSuggest Edit

IDnow is a company that provides solutions for identification checks and electronic signature. It offers video-based identity checks that verify the identity of customers and facilitate the secure electronic identification of individuals through Internet browser and mobile applications. IDnow provides platform-specific solutions that guarantee verification of customers, clients, and contractual partners for companies and institutions.
TypePrivate
Founded2014
HQMünchen, DE
Websiteidnow.io
Employee Ratings4.2

Latest Updates

Employees (est.) (Dec 2020)217(+18%)
Cybersecurity ratingAMore
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Key People/Management at IDNow

Andreas Bodczek

Andreas Bodczek

Managing Director, Chief Executive Officer
Joseph Lichtenberger

Joseph Lichtenberger

Managing Director, Chief Financial Officer
Armin Bauer

Armin Bauer

Managing Director, Chief Technical Officer & Co-Founder
Vikas Seth

Vikas Seth

Chief Product Officer
Christoph Jung

Christoph Jung

Chief Information Security Officer
Guillaume Despagne

Guillaume Despagne

Managing Director, Co-Founder Ariadnext
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IDNow Office Locations

IDNow has offices in München, Düsseldorf, Leipzig, Paris and in 3 other locations
München, DE (HQ)
Auenstraße 100
Düsseldorf, DE
Lierenfelder Str. 51
Leipzig, DE
Bauhofstraße 3
Dubai, AE
Innovation Hub, Gate Avenue DIFC
London, GB
15 Bishopsgate
Manchester, GB
No. 1 Spinningfields, Quay St
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IDNow Financials and Metrics

Summary Metrics

Founding Date

2014

IDNow total Funding

$58.2 m

IDNow latest funding size

$18.18 m

Time since last funding

2 years ago

IDNow investors

IDNow's latest funding round in December 2020 was reported to be $18.2 m. In total, IDNow has raised $58.2 m
Show all financial metrics

IDNow Revenue

EUR

Gross profit (FY, 2020)

11.2m

Net income (FY, 2020)

(12.6m)

Cash (31-Dec-2020)

5.2m
EURFY, 2019FY, 2020

Gross profit

8.9m11.2m

General and administrative expense

9.0m13.7m

Operating expense total

16.6m23.7m

Depreciation and amortization

596.4k668.5k
EURFY, 2018FY, 2019FY, 2020

Cash

232.9k22.0m5.2m

Accounts Receivable

2.3m3.9m5.3m

Prepaid Expenses

48.6k159.6k313.4k

Current Assets

2.5m26.1m12.8m
EURFY, 2018

Financial Leverage

2.8 x
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IDNow Operating Metrics

Nov, 2020Jun, 2022

Industries Served

8

Partners

78

Trademark Applications

1

Trademarks

1

IDNow Acquisitions / Subsidiaries

Company NameDateDeal Size
AriadNEXTJune 29, 2021$59 m
identity Trust ManagementMarch 03, 2021
Wirecard Communication ServicesSeptember 01, 2020
IDnow Services GmbH
IDnow UK Ltd

Human Capital Metrics

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IDNow Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

IDNow Online and Social Media Presence

Embed Graph

IDNow News and Updates

Simple, compliant, chip-based identity verification using the German identity card.

Enable your customers to verify themselves with IDnow eID - with an electronic ID card and a smartphone with NFC interface!

IDnow group’s portfolio sees strong demand as order intake increases by 95%

IDnow group, a leading European provider of identity proofing and document signing, reports a rising demand for the joint portfolio in the first quarter of 2022. The company has confirmed an increase in order intake by 95%.

VideoIdent: Seamless online identification via expert-assisted video chat with

IDnow VideoIdent: Flexible online verification of customers' identity - fast, easy & secure. ✔ 24-hour availability ✔ AMLA-compliant More »idnow.de

Reports & Guides

Find all the reports & guides from IDnow. The latest industry trends & regulations - learn everything about digital identity verification!

IDnow Wallet - The future of digital identity verification.

More efficiency & speed for ID verification: IDnow's Digital Identity Wallet allows its customers to verify, store & reuse verified identities. ✔AML ✔SSI ✔DID

You’ll be part of something big.

You’ll be part of something big. We are one of Europe’s fastest-growing B2B startups. Come join us on our mission to make the world a safer place.
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IDNow Blogs

Online Gambling regulation in DACH – an overview

The German and overall DACH (Germany, Austria, and Switzerland) Online Gambling market is an emerging one, but it is also one of the largest in Europe. Recognizing this, new regulations legalizing Online Gambling in Germany added to an already existing and sizable legal gambling market. Overall, Ger…

IDnow group’s portfolio sees strong demand as order intake increases by 95%

Following the merger with ARIADNEXT, the joint group reports a successful first quarter Munich, May 31th, 2022, IDnow group, a leading European provider of  identity proofing and document signing, reports a rising demand for the joint portfolio in the first quarter of 2022. The company has confirmed…

Online Gambling regulations in the UK – an overview

The United Kingdom’s Online Gambling market is one of the best performers in the world. It dominates Europe’s Online Gambling market, accounting for over 30% of total online gaming revenue in 2020, and has seen constant year-over-year growth. From April 2020 to March 2021, the UK’s Online Gambling m…

IDnow group supports Bipi in digital onboarding

MUNICH – MAY 19, 2022 IDnow group, a leading European Identity Proofing Platform, will support Spanish car subscription company Bipi to provide them and their customers with a seamless and secure digital identity verification solution. Bipi offers short and long term car subscription via an easy and…

Why the future of KYC belongs to eKYC

Many tasks and services are becoming digital these days. Across industries, more and more happens online, and automation continues to replace manual processes. This has special relevance in financial services. Automation of KYC through eKYC is not only making processes faster and safer, it is also i…

How the Digital Markets Act (DMA) will shape the future of digital identity in Europe

Impact of the Digital Markets Act (DMA) on eIDAS and digital identity in Europe. The Digital Markets Act (DMA) is on the finish line. On March 24th, 2022, the European Parliament and Council reached an agreement on the final version of the Digital Markets Act (DMA). According to the European Commiss…
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IDNow Frequently Asked Questions

  • When was IDNow founded?

    IDNow was founded in 2014.

  • Who are IDNow key executives?

    IDNow's key executives are Andreas Bodczek, Joseph Lichtenberger and Armin Bauer.

  • How many employees does IDNow have?

    IDNow has 217 employees.

  • Who are IDNow competitors?

    Competitors of IDNow include WebID Solutions, Thales Digital Identity & Security and Onfido.

  • Where is IDNow headquarters?

    IDNow headquarters is located at Auenstraße 100, München.

  • Where are IDNow offices?

    IDNow has offices in München, Düsseldorf, Leipzig, Paris and in 3 other locations.

  • How many offices does IDNow have?

    IDNow has 7 offices.