About
IDnow is a European identity verification leader acquired by Corsair Capital for $295M (Jan 2025). $100M+ raised including €60M debt from BlackRock. Customers include UniCredit, BNP Paribas, Klarna, N26, Commerzbank, Sixt. German regulator approved VideoIdent for compliant KYC (2024). Founded 2014 in Munich.
Key Facts
- [1]Funding: Total funding: $119M. Last round: Mar 2025. Stage: Growth.
- [2]Employees: Employee count: 201-500.
- [3]Website: Official website: idnow.io.
- [4]AI Technology: Core AI/ML technologies: Computer Vision.
- [5]Region: Region: EMEA (Germany).
Founders
Andreas Bodczek
Co-founder & CEO
Felix Haas
Co-founder & Chairman
AI Technology
Computer Vision
Image and video processing, OCR, and document extraction
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is IDnow?
IDnow is a European identity verification leader acquired by Corsair Capital for $295M (Jan 2025). $100M+ raised including €60M debt from BlackRock. Customers include UniCredit, BNP Paribas, Klarna, N26, Commerzbank, Sixt. German regulator approved VideoIdent for compliant KYC (2024). Founded 2014 in Munich. IDnow is classified in the Risk & Compliance segment at the Models layer of the financial AI stack.
Who founded IDnow?
IDnow was founded by Andreas Bodczek (Co-founder & CEO) and Felix Haas (Co-founder & Chairman).
How much funding has IDnow raised?
IDnow has raised $119M in total funding, placing the company at the Growth stage. The most recent round closed in Mar 2025. Among 74 funded Risk & Compliance companies, IDnow ranks #30 by total capital raised. (Source: AIFI Map directory.)
What AI technology does IDnow use?
IDnow primarily leverages Computer Vision technology. Image and video processing, OCR, and document extraction. Within the Risk & Compliance segment, 17 companies use this technology.
What market segment does IDnow operate in?
IDnow operates in the Risk & Compliance market segment. AI risk and compliance companies protect financial institutions from fraud, money laundering, identity theft, and regulatory violations. This is one of the largest and most critical segments in the AI finance landscape, as the cost of financial crime and non-compliance runs into the hundreds of billions annually.
Where is IDnow headquartered?
IDnow is headquartered in Munich, Germany. The company operates in the EMEA region. The team consists of 201-500 employees. Germany is home to 10 financial AI companies tracked by AIFI Map.
Who are IDnow's competitors?
Companies similar to IDnow in the Risk & Compliance space include Feedzai ($431M raised), Sardine ($170M raised), Hawk AI ($83M raised), Resistant AI ($55M raised), Flagright ($8M raised). These companies operate in related areas of financial AI: Feedzai focuses on ai-native fraud and financial crime prevention platform for major banks. Sardine focuses on ai risk platform for fraud, credit, and compliance. Hawk AI focuses on ai-powered aml and fraud detection for banks and fintechs. (Based on AIFI Map classification data.)
What products does IDnow offer?
IDnow builds models-layer solutions for the financial services industry. The company's core offering: AI identity verification for EU. The platform is powered by Computer Vision technology.