Nithio

Washington, United States Founded: 2017 • Age: 9 yrs
Analytics and financial solutions for distributed solar energy are provided.
Annual revenue - Latest available
Total funding $63.8M 10 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Nithio

Nithio is a company based in Washington (United States) founded in 2017 by Kate Steel. Nithio has raised $63.84 million across 10 funding rounds from investors including TPG, FMO and Shell Foundation. Nithio offers products and services including Risk Analytics Engine, FAIR Investment Vehicle, and Climate Solutions Services. Nithio operates in a competitive market with competitors including Borrowell, Nova Credit, Cerved, Taktile and Applied Data Finance, among others.

  • Headquarter Washington, United States
  • Founders Kate Steel
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $63.84 M (USD)

    in 10 rounds

  • Latest Funding Round
    $10 M (USD), Series B

    Jan 26, 2024

  • Investors
    TPG

    & 11 more

  • Employee Count
    Not available
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Products & Services of Nithio

Nithio offers a comprehensive portfolio of products and services, including Risk Analytics Engine, FAIR Investment Vehicle, and Climate Solutions Services.

Product name locked
Category locked
Primary

AI tool for standardizing credit risk assessment in clean energy.

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Blended-finance platform for debt to clean energy companies.

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Analytics for capital allocation and program building in climate resilience.

People of Nithio

Headcount 10-50
Employee Profiles 14
Employee Profiles
People
Raghav Sachdeva, CFA
Chief Investment Officer
People
Anjola Tunde-Ojo, CPA, CA
Senior Financial Controller
People
JohnPaul Namoma, (FMVA®), (CGIA®)
Investment Officer
People
Annabelle Lee Sullivan
Head Of People & Operations

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Funding Insights of Nithio

Nithio has successfully raised a total of $63.84M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Nithio

Nithio has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include TPG, FMO and Shell Foundation.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Development financing is provided for entrepreneurial ventures in emerging markets.
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Government agency supporting the development of SMEs
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Investor details for Nithio

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Investments & Acquisitions by Nithio

Investments
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Investment portfolio details for Nithio

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Financial Statements - Nithio

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Detailed financials for Nithio

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Nithio Comparisons

Nithio Primary company
Description
Analytics and financial solutions for distributed solar ener...
Location
Washington, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Nithio

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Competitors of Nithio

Nithio 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 Borrowell, Nova Credit, Cerved, Taktile and Applied Data Finance, among others.

Company Name Domain Founded year HQ Location Description
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Credit monitoring and financial products comparison platform is provided.
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Nova Credit is focused on consumer credit data solutions.
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Credit information, marketing solutions, and credit management services are provided.
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Artificial intelligence based credit decisioning solution for banks and credit institutions
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Lender focused on non-prime and unbanked borrowers
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Detailed competitors of Nithio

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Latest news on Nithio

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Complete news archive for Nithio

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Frequently Asked Questions about Nithio

Nithio was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Nithio is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.

Nithio is a funded company, having raised a total of $63.84M across 10 funding rounds to date.

Nithio was founded in 2017 in the distributed energy sector. Analytics and financial solutions are delivered to businesses, capital providers, governments, and stakeholders. Geospatial customer profiling is utilized by merging point-of-sale and repayment data with spatial layers to enable predictive targeting. Consumer credit scoring is applied to segment customers and forecast repayment behaviors.

Nithio's top competitors include Credit Kudos, Borrowell and Applied Data Finance.

Nithio offers Risk Analytics Engine, FAIR Investment Vehicle, and Climate Solutions Services.

Nithio has 12 investors. Key investors include TPG, FMO, Shell Foundation, FSD Africa, and Powerhouse Ventures.

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