About NiC
NiC is a company based in Olathe (United States) founded in 1991 was acquired by Tyler Tech in February 2021.. The company has 959 employees as of December 31, 2020. NiC has completed 1 acquisition, including Complia. NiC operates in a competitive market with competitors including CityGrows, CrimsonLogic, Simplicity, Comat Technologies and adam, among others.
- Headquarter Olathe, United States
- Employees 959 as on 31 Dec, 2020
- Stage Public
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Sectors
Government & Social Sector
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Nic Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
959
as on Dec 31, 2020
- Investments & Acquisitions
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Acquired by
Tyler Tech
(Feb 11, 2021)
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Funding Insights of NiC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NiC
NiC has secured backing from 1 investor. Prominent investors backing the company include Tyler Technologies. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Cloud-based solutions are provided for government organizations' operations.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NiC
NiC has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Complia. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based compliance and licensing software for cannabis growers is provided.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - NiC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nic Comparisons
Competitors of NiC
NiC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CityGrows, CrimsonLogic, Simplicity, Comat Technologies and adam, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based platform for government licensing and permitting is offered.
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| domain | founded_year | HQ Location |
eGovernment solutions are delivered for agencies and citizens worldwide.
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| domain | founded_year | HQ Location |
Cloud-based platform for municipal communication and citizen services is provided.
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| domain | founded_year | HQ Location |
E-governance solutions are delivered via ICT in rural areas.
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| domain | founded_year | HQ Location |
Digital solutions for public sector services are managed online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nic
Frequently Asked Questions about NiC
When was NiC founded?
NiC was founded in 1991.
Where is NiC located?
NiC is headquartered in Olathe, United States. It is registered at Olathe, Kansas, United States.
How many employees does NiC have?
As of Dec 31, 2020, the latest employee count at NiC is 959.
What does NiC do?
NiC provides digital solutions and payment processing solutions to government agencies. Provides website development, workflows to manage citizen requests and payment processing solutions to government agencies. Provides online services for Department of Motor vehicles, business services to manage aspects of business interaction with governments, managing professional and outdoor licensing requests. Provides payment processing solutions- payment processing, payment integration, and management. Works on a self-funded model where the company gets paid only when a citizen transacts. Charges 1-3 per transaction and not all the services built by the company are chargeable. Claims to have implemented solutions for more than 4500 state, federal and local government agencies in the U.S. Forbes named the company to the list of 100 best small companies in the U.S six times. Acquired SDR Technologies in May 2000.
Who are the top competitors of NiC?
NiC's top competitors include Simplicity, CrimsonLogic and adam.
How many acquisitions has NiC made?
NiC has made 1 acquisition, including Complia.
Who are NiC's investors?
NiC has 1 investor. Key investors include Tyler Technologies.
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