NineID, a Belgian cybersecurity platform focused on contractor verification, has secured €3.5 million in funding to enhance its European expansion and AI capabilities in response to increasing demand for compliance technology.

Target Information

NineID, based in Ghent, Belgium, is a cybersecurity platform focused on enabling organizations to verify and monitor third-party contractors. Established in 2020, the company has quickly gained traction, boasting over 87,000 users and having processed more than 2.4 million verification requests. The startup is recognized as a vital tool for contractor compliance in Europe, offering robust identity verification and compliance solutions essential for modern corporate security.

With its AI-driven platform, NineID provides a secure online portal for contractors to submit their personal identification, safety certificates, and insurance documents. This technology ensures rapid validation of essential data, thereby enhancing real-time visibility into who is on-site and confirming their authorization status.

Industry Overview in Belgium

The demand for compliance technology, particularly in the cybersecurity domain, has witnessed a significant surge in Belgium and across Europe. As companies face increasingly complex supply chains and heightened se