Ghent-based NineID, a system that assists firms take care of outside service providers, has actually elevated EUR3.5 million in moneying to enhance their visibility throughout the European market.
The round was led by technology fund Pitchdrive with added involvement from returning financier Entourage and investment company Aconterra.
“ Some services deal with hundreds of outside service providers every year,” states Roy Jeunen, CHIEF EXECUTIVE OFFICER of NineID. “ To deal with that quantity, they usually depend on huge admin groups. Our system takes that recurring job off their hands. With NineID, confirmation generally takes simply twenty secs each“
NineID was established in 2020 after the group became aware just how much time was shed handling the admin around outside employees. According to the firm, website supervisors usually require to by hand inspect whether service providers have the right papers prior to permitting them on website, which promptly builds up.
Making use of their experience in the maritime and overseas fields, Owners Roy Jeunen and Frederik Keysers constructed NineID as a device for effective specialist monitoring. Via a safe site, outside employees such as service technicians, company and upkeep staffs can publish their documents right into a centralised data source.
“ Our service provides firms exposure and control,” states Roy Jeunen “ It is vital to understand precisely that is benefiting you and whether that individual has the best documentation. This is not just concerning conformity, however additionally concerning protecting against scams and preventing prohibited work. In today’s geopolitical context, office safety and security has actually come to be more vital than ever before. Understanding that gets on website plays a crucial duty because“
Generally, technological accounts need to send around 8 various papers, consisting of ID, safety and security qualifications and social safety and security information. Firms themselves additionally require to satisfy a number of conformity criteria such as ISO qualification, insurance policy and safety and security documents. Handling, examining and keeping each of these papers takes around 5 mins. In technique, task supervisors can shed approximately 40 mins per specialist simply on documentation– based on remarks made by NineID.
“ What made use of to be a hill of admin is currently a structured procedure that takes simply 20 secs each,” states the firm.
The AI engine behind NineID scans and refines the details instantly. Task leads can after that inspect conformity in a tidy control panel within secs. The system helps in reducing human mistake while making certain all outside employees satisfy firm and lawful demands.
“ With the brand-new chain obligation laws entering result in Belgium and throughout Europe from 2026, NineID’s system ends up being important for firms aiming to prevent significant penalties. The huge time cost savings, integrated with complete openness and well-founded conformity, make NineID an outright piece of cake. We’re honored to sustain this innovation as lead financier,” states Boris Bogaert, Owner of Pitchdrive.
Today, NineID is made use of by greater than forty multinationals consisting of BASF, Alpro and Pfizer. The firm currently sustains over 87,000 individuals, with greater than 10,000 specialist check-ins occurring each day. Because its launch, NineID has actually apparently finished over 2.4 million confirmations.
In 2023, NineID elevated EUR2.4 million from financiers consisting of Pitchdrive, Entourage, Comate and a number of famous organization angels such as the creators of Showpad, Drupal and Silverfin.
“ With the best group and effective procedures, you can go a long method,” states Frederik Keysers, Founder of NineID. “ Our objective is clear. We wish to make the monitoring of outside employees throughout Europe as clear, certified and safe as feasible. We are just one of minority specialist systems with deep experience in the European governing landscape. Many thanks to NineID, firms can currently with confidence function throughout boundaries with groups from various citizenships, done in complete conformity with European legislation“
The message Belgian contractor management platform NineID raises €3.5 million to fuel European expansion showed up initially on EU-Startups.
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