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1nce

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The first IoT network carrier to offer fast, secure and reliable connectivity services with a worldwide IoT Flat Rate

Cologne, GermanyFounded 2017Telecom
Valuation $250–500M Last recorded · 2025
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for 1nce and the history behind them.

About 1nce

1NCE is a startup that provides managed connectivity services for low-bandwidth Internet of Things (IoT) applications. In simple terms, it helps devices that use the internet to communicate with each other, especially those that don't require high-speed internet. The company has a unique pricing model, the 1NCE IoT Lifetime Flat, which offers a prepaid service to connect IoT devices for up to 10 years at a cost of $10. This includes all necessary features such as data allowance, SIM card cost, APN, OpenVPN, and SMS.

1NCE also offers specialized SIM cards and chips designed for IoT devices. These are highly durable and can be used with the Lifetime Flat subscription at a minimal cost. The company is expanding its services rapidly, currently offering radio services in 165 countries and supporting all radio standards such as 2G, 3G, 4G/LTE-M, and NB-IoT.

The company's clients range from GPS tracking device suppliers like Mictrack to IoT solution providers like azeti and BibeCoffee. These businesses use 1NCE's services to ensure their devices stay connected and can transmit data reliably.

1NCE's business model is based on offering prepaid connectivity services for IoT devices. It makes money by charging a flat fee for its services, which includes the cost of the SIM card or chip, data allowance, and other necessary features.

Source: Dealroom company data

At a glance

Founded
2017
Headquarters
Cologne, Germany
Sector
Telecom
Power Law
Colt$25–100M revenue

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later6 investors entered at this stage

  • SoftBank
  • Deutsche Telekom
  • I Squared Capital
  • Kensington Capital Partners
  • Vicenda Group
  • Alexander P. Sator
Employees mapped 279 incl. 3 AI specialists
Founders Hidden — book a demo/100 quality score
Key operators 20 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
29 countries with
team presence
🇩🇪 Germany28.2%
🇱🇻 Latvia23.2%
🇺🇸 United States12.7%
🇧🇷 Brazil3.6%
🇵🇱 Poland3.6%
Top 5 of 29 shown
Web traffic by country
210K monthly visits
across markets
🇩🇪 Germany13.3%
🏳️ Korea9.1%
🏳️ Republic of8.4%
🇯🇵 Japan7%
🇦🇪 United Arab Emirates5.6%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about 1nce on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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