{"id":47783,"date":"2019-05-07T14:06:30","date_gmt":"2019-05-07T12:06:30","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=47783"},"modified":"2019-05-08T15:55:51","modified_gmt":"2019-05-08T13:55:51","slug":"idnow-sales-target-100-million","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/47783\/idnow-sales-target-100-million\/","title":{"rendered":"IDnow targets 100 million euros in sales"},"content":{"rendered":"<div class=\"entry-content\"><p><strong>IDnow aims to reach \u20ac100 million in revenue in the coming years. To this end, the company, founded in 2014, has hired a new CEO and CFO, and the four founders are returning to the company.<\/strong><\/p>\n<p>The Munich startup <a href=\"\/en\/30225\/portrait-idnow\/\" target=\"_blank\" rel=\"noopener noreferrer\">IDnow <\/a>already offers its video-based identification and eSigning solutions to over 250 customers, including N26, Commerzbank, and UBS. In 2018, the fintech achieved double-digit million-euro revenue for the first time. For many founders, that would be the time to seek an exit. Unlike the four IDnow founders: Felix Haas, Armin Bauer, Sebastian B\u00e4rhold, and Dennis von Ferenczy.<\/p>\n<h3>The four founders return<\/h3>\n<p>They had already partially withdrawn from active business operations, but are now returning to the operational side. Their stated goal is to vigorously drive the company&#039;s expansion into additional industries and new European markets. They aim to break the \u20ac100 million sales mark in the coming years.<\/p>\n<blockquote><p>\u201cWe have great ambitions to build a new tech leader out of Munich,\u201d<\/p><\/blockquote>\n<p>said Founder and Executive Chairman<strong> Felix Haas<\/strong>The founders have brought Andreas Bodczek on board as CEO and Joseph Lichtenberger as CFO. Felix Haas adds:<\/p>\n<blockquote><p>\u201cThe combination of new management and our ideas provides the impetus for a real growth spurt, with which we will establish a leading international position across new industries.\u201d<\/p><\/blockquote>\n<h3>New C-Level supports the four IDnow founders<\/h3>\n<p>The two newcomers to the management team bring startup experience. Andreas Bodczek made a name for himself as the founder of the technology company Fyber and as an investor. Joseph Lichtenberger has held positions as CFO at Scout24 and Roland Berger, among others.<a href=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2019\/05\/IDnow_Andreas_Bodczek-Medium.jpg\"><img decoding=\"async\" class=\"alignright wp-image-47798\" src=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2019\/05\/IDnow_Andreas_Bodczek-Medium-293x440.jpg\" alt=\"IDnow Andreas Bodczek CEO\" width=\"237\" height=\"356\" srcset=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2019\/05\/IDnow_Andreas_Bodczek-Medium-293x440.jpg 293w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2019\/05\/IDnow_Andreas_Bodczek-Medium-400x600.jpg 400w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2019\/05\/IDnow_Andreas_Bodczek-Medium.jpg 768w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2019\/05\/IDnow_Andreas_Bodczek-Medium-587x880.jpg 587w\" sizes=\"(max-width: 237px) 100vw, 237px\" \/><\/a><\/p>\n<blockquote><p>\u201cSince its launch, IDnow has impressively demonstrated how powerfully this can drive digital transformation in the financial industry,\u201d<\/p><\/blockquote>\n<p>so <strong>Andreas Bodczek, <\/strong>new CEO at IDnow.<\/p>\n<blockquote><p>\u201cI see great potential for the same development in other sectors such as insurance and mobility.\u201d<\/p><\/blockquote>\n<p>Now, together with the new management, the four founders want to tap into new industries and pave the way for disruptive innovations. We&#039;re excited to see when the \u20ac100 million sales mark will be broken.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>IDnow aims to achieve \u20ac100 million in revenue in the coming years. To this end, the company, founded in 2014, has hired a new CEO and CFO\u2014and the four founders are returning to the company. The Munich-based startup IDnow already offers its video-based identification and eSigning solutions to over 250 customers, including...<\/p>","protected":false},"author":22,"featured_media":30404,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5638,1],"tags":[162,1555,499],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IDnow peilt 100 Millionen Euro Umsatz an - Munich Startup<\/title>\n<meta name=\"description\" content=\"IDnow will in den kommenden Jahren die 100 Mio. Euro Umsatzmarke erreichen. Dazu hat das 2014 gegr\u00fcndete Unternehmen einen neuem CEO und CFO\u00a0 angestellt.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/47783\/idnow-sales-target-100-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IDnow peilt 100 Millionen Euro Umsatz an - Munich Startup\" \/>\n<meta property=\"og:description\" content=\"IDnow will in den kommenden Jahren die 100 Mio. Euro Umsatzmarke erreichen. Dazu hat das 2014 gegr\u00fcndete Unternehmen einen neuem CEO und CFO\u00a0 angestellt.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cms.munich-startup.net\/en\/47783\/idnow-sales-target-100-million\/\" \/>\n<meta property=\"og:site_name\" content=\"Munich Startup\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/munichstartup\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-07T12:06:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-05-08T13:55:51+00:00\" \/>\n<meta name=\"author\" content=\"Helen Duran\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:site\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Helen Duran\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cms.munich-startup.net\/47783\/idnow-umsatzziel-100-mio\/\",\"url\":\"https:\/\/cms.munich-startup.net\/47783\/idnow-umsatzziel-100-mio\/\",\"name\":\"IDnow peilt 100 Millionen Euro Umsatz an - Munich Startup\",\"isPartOf\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cms.munich-startup.net\/47783\/idnow-umsatzziel-100-mio\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cms.munich-startup.net\/47783\/idnow-umsatzziel-100-mio\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2017\/11\/IDnow_Founder.jpg\",\"datePublished\":\"2019-05-07T12:06:30+00:00\",\"dateModified\":\"2019-05-08T13:55:51+00:00\",\"author\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/9475cba0d0a1c75be607e20a2173385e\"},\"description\":\"IDnow will in den kommenden Jahren die 100 Mio. 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