IDnow GmbH

Founded in Germany, IDnow GmbH is a provider of automated identity verification solutions that enhance security and compliance in digital transactions across various sectors. IDnow GmbH specializes in identity verification services. Established in 2014 in Munich, Germany, it has successfully completed 9 deals to date. The company's founders include Armin Bauer, Dennis von Ferenczy, and Sebastian Baerhold, with CEO Andreas Bodczek leading the operations.

In March 2025, Corsair Capital acquired a majority stake in IDnow for EUR 273 million, securing the company’s future in the identity verification market. The total amount raised by IDnow amounts to EUR 15 million, reflecting investor confidence in its vision and capabilities. IDnow specializes in automated identity verification solutions aimed at enhancing security and compliance in digital transactions. The company's core offerings include AI-driven products such as AutoIdent, which provides fast, automated document verification, and VideoIdent, a face-to-face video verification service that allows for real-time identity checks with expert assistance.

These products cater to various use cases, including onboarding for financial institutions and compliance with anti-money laundering (AML) regulations, tailored for sectors like fintech, gaming, and telecommunications. IDnow's solutions are utilized by a diverse client base, including leading banks and large enterprises across Europe, particularly in markets like Germany, France, Spain, and the United Kingdom. The company's revenue model is primarily subscription-based, with clients paying for access to IDnow’s suite of products, which includes flexible configurations tailored to industry needs. Revenue is generated through services such as VideoIdent and AutoIdent, with pricing plans varying according to usage levels, allowing organizations to scale their identity verification processes effectively.

IDnow plans to leverage the resources and expertise of Corsair Capital after its acquisition in March 2025 to accelerate growth and explore new opportunities. The company is focusing on developing new products aimed at enhancing its service offerings, although specific release dates are currently undisclosed. Additionally, IDnow is strategizing to expand into new markets, targeting regions that align with its growth objectives to enhance its global footprint.