Benny Bennet Jürgens (Co-Founder, CEO) and Carlo Ulbrich (Co-Founder, CSO) Maximilian Probst





Nect

Nice to Nect You – Was sich liebt, das Nect sich.

FinTech
Founded in 2017
9 employees
Funding: Undisclosed
Stage: Seed


Located in Hamburg, Nect GmbH is developing the self-service future of identity verification. Our fully automated, AI-based software solutions offer both intuitive user-guidance per smartphone and cost-efficiency. Our security is certified to meet highest standards. This makes us an ideal partner for regulated companies that have to comply with strict laws, that need high confidence in their customers’ identity (KYC) and high conversion rates. Website
Highlight of the year: Delivering patent pending technology to one of the biggest insurers in Germany.


Interview with Nect


What inspired you to found your startup?

For more than 10 years I worked for one of the largest insurance companies in the world, and saw issues with user onboarding on a daily basis. I saw the possibility to solve this problem and became eager to do so.


How are you different? What is your unique value proposition?

There’s no compromise at Nect. We combine the simplicity of a selfie with the security requirements of border control, because we love and live broad knowledge.


How do you define success for yourself and your company?

Success is having taken the best path to the goal, not necessarily the one which worked in the past.


What do you want to achieve next year?

Within the next 12 months we want to rise up to become the gold standard of identity verification services for the German insurance industry.


Why do people want to work at your company?

Great minds want to work together with other outstanding talents, using cutting-edge technologies to provide a truly useful application. They’ll find that situation here at Nect.


What has been the most important milestone so far?

The most important milestone has been our first signed contracts with a customer.


Looking back at your whole development story — what makes you most proud?

Having grit while selling cutting edge technology to big, market-leading insurance companies. I always believed in our strategy and our product, although it has been very tough to close deals.


Where do you see your company in 5 years?

In five years Nect will be known for deep tech software services in Europe. We will meet market demands at a level of usability formerly only Apple has been known for.


What is your impression of launching a startup from your based city?

The support for new ideas from the city of Hamburg is great, and I like the Hanseatic virtue of reliability. The relatively small community has both pros and cons, but for us, the advantages outweigh the disadvantages. As an example, the war for talent is less fierce here.


What is your impression of the german startup scene? Would you change anything?

I’d love to see more technology-led (e.g. Software Engineer as CEO) startups in Germany.



Nect was featured in “The Hundert Vol. 10 – Startups of Germany“, November 2018.



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