Ghent-based NineID, a platform that helps firms handle exterior contractors, has raised €3.5 million in funding to strengthen their presence throughout the European market.
The spherical was led by tech fund Pitchdrive with extra participation from returning investor Entourage and funding agency Aconterra.
“Some companies work with hundreds of exterior contractors every year,” says Roy Jeunen, CEO of NineID. “To deal with that quantity, they usually depend on giant admin groups. Our platform takes that repetitive work off their palms. With NineID, verification normally takes simply twenty seconds per particular person.”
NineID was based in 2020 after the workforce realised how a lot time was misplaced managing the admin round exterior staff. Based on the corporate, web site managers usually have to manually test whether or not contractors have the proper paperwork earlier than permitting them on web site, which rapidly provides up.
Drawing on their expertise within the maritime and offshore sectors, Founders Roy Jeunen and Frederik Keysers constructed NineID as a device for environment friendly contractor administration. By a safe portal, exterior staff similar to technicians, service suppliers and upkeep crews can add their documentation right into a centralised database.
“Our answer provides firms visibility and management,” says Roy Jeunen. “It’s important to know precisely who’s working for you and whether or not that particular person has the precise paperwork. This isn’t solely about compliance, but in addition about stopping fraud and avoiding unlawful employment. In right now’s geopolitical context, office safety has grow to be extra essential than ever. Understanding who’s on web site performs a key function in that.”
On common, technical profiles should submit round eight completely different paperwork, together with ID, security certifications and social safety particulars. Firms themselves additionally want to fulfill a number of compliance requirements similar to ISO certification, insurance coverage and security information. Processing, checking and storing every of those paperwork takes about 5 minutes. In observe, challenge managers can lose as much as 40 minutes per contractor simply on paperwork – as per feedback made by NineID.
“What was once a mountain of admin is now a streamlined course of that takes simply 20 seconds per particular person,” says the corporate.
The AI engine behind NineID scans and processes the knowledge robotically. Venture leads can then test compliance in a clear dashboard inside seconds. The platform helps scale back human error whereas ensuring all exterior staff meet firm and authorized necessities.
“With the brand new chain legal responsibility laws coming into impact in Belgium and throughout Europe from 2026, NineID’s platform turns into important for firms trying to keep away from hefty fines. The large time financial savings, mixed with full transparency and rock-solid compliance, make NineID an absolute no-brainer. We’re proud to assist this breakthrough as lead investor,” says Boris Bogaert, Founding father of Pitchdrive.
At present, NineID is utilized by greater than forty multinationals together with BASF, Alpro and Pfizer. The corporate now helps over 87,000 customers, with greater than 10,000 contractor check-ins happening each day. Since its launch, NineID has reportedly accomplished over 2.4 million verifications.
In 2023, NineID raised €2.4 million from traders together with Pitchdrive, Entourage, Comate and several other distinguished enterprise angels such because the founders of Showpad, Drupal and Silverfin.
“With the precise workforce and environment friendly operations, you’ll be able to go a really good distance,” says Frederik Keysers, Co-founder of NineID. “Our mission is obvious. We need to make the administration of exterior staff throughout Europe as clear, compliant and safe as potential. We’re one of many few contractor platforms with deep expertise within the European regulatory panorama. Due to NineID, firms can now confidently work throughout borders with groups from completely different nationalities, all in full compliance with European legislation.”