1NCE provides a flat-rate connectivity solution for low-bandwidth IoT applications, offering a prepaid service that connects devices for up to 10 years at a cost of $10. This model eliminates the need for cost control and data monitoring, simplifying IoT deployment for businesses across various industries.
Funding
$50.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
SVFounders
Product
Problem
Many IoT solutions require reliable, low-bandwidth connectivity for extended periods, but traditional mobile data plans come with complex pricing structures and the need for ongoing cost management. This complexity and lack of cost predictability can hinder the deployment of IoT devices, especially in applications requiring long lifecycles and minimal maintenance.
Solution
1NCE provides a managed connectivity service specifically designed for low-bandwidth IoT applications, offering a flat-rate, pre-paid "IoT Lifetime Flat" plan. This plan provides connectivity for up to 10 years at a fixed cost, eliminating the need for continuous cost control and data monitoring. The service includes essential features such as data allowance, APN, OpenVPN, and SMS, and supports various radio standards including 2G, 3G, 4G/LTE-M, and NB-IoT across a wide range of countries. 1NCE also offers integrated capabilities through its software plugins, facilitating over-the-air management (FOTA), data visualization, and integration with platforms like Azure.
Target Audience
The primary customers are businesses across various industries deploying low-bandwidth IoT applications such as asset tracking, smart metering, and remote monitoring, including sectors like utilities, logistics, agriculture, consumer electronics, healthcare, industrial automation, infrastructure, automotive, retail, and smart cities.
Features
- Flat-rate, pre-paid connectivity for up to 10 years
- Support for 2G, 3G, 4G/LTE-M, and NB-IoT radio standards
- Coverage in 173 countries across Europe, Asia, North America, South America, Africa, and Oceania
- Includes data allowance, APN, OpenVPN, and SMS
- 3-in-1 SIM card options: Business, Industrial, and Chip Industrial (for soldering)
- eUICC support (Freedom to Switch) on Industrial SIMs
- Software plugins for FOTA, data visualization, and Azure integration
- Customer portal for device management and monitoring
- Developer Hub with recipes for various chipsets