1NCE Raises $60M to Revolutionize Global IoT Connectivity with Lifetime Flat-Rate Innovation

1NCE is excited to announce a major milestone in its journey of revolutionizing global IoT connectivity with a successful funding round of $60,000,000. As the only provider offering connectivity and software for IoT at a flat global rate, 1NCE continues to solidify its commitment to making the Internet of Things accessible, affordable, and scalable for a diverse range of applications including smart utilities, asset tracking, and vehicle telematics. Founded in 2017 by CEO Alexander P. Sator in collaboration with Deutsche Telekom AG, the company has rapidly expanded its footprint and now operates in over 173 countries from its headquarters in Cologne, Germany, with a skilled team spread across Amsterdam, Cologne, Hamburg, Hong Kong, London, Miami, Paris, Riga, Rome, and Warsaw. The innovative 1NCE IoT Lifetime Flat license, available at a one-off payment of $10 for 10 years, underscores the company’s dedication to cost-effective, reliable, and secure cellular connectivity. This recent capital injection will be strategically utilized to enhance product development, further expand the global network infrastructure, and drive innovation in software services tailored for IoT devices. Additionally, the funding will support efforts to build deeper partnerships across industry sectors and strengthen the company’s position as a pioneer in lifetime connectivity solutions. With this financial boost, 1NCE is set to accelerate growth, drive technological advancements, and empower businesses around the world to harness the full potential of IoT connectivity, paving the way for a more connected and efficient future.