About Nithio
Nithio is a company 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.
- Founders Kate Steel
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
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
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Nithio
Nithio offers a comprehensive portfolio of products and services, including Risk Analytics Engine, FAIR Investment Vehicle, and Climate Solutions Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI tool for standardizing credit risk assessment in clean energy.
Blended-finance platform for debt to clean energy companies.
Analytics for capital allocation and program building in climate resilience.
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series B — $10.0M
- First Round First Round
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series B - Nithio | Valuation |
investors |
|
| Dec, 2023 | Amount | Series B - Nithio | Valuation |
investors |
|
| Oct, 2023 | Amount | Debt – Conventional - Nithio | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Development financing is provided for entrepreneurial ventures in emerging markets.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Government agency supporting the development of SMEs
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Nithio
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Nithio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nithio Comparisons
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. 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 |
Credit monitoring and financial products comparison platform is provided.
|
|
| domain | founded_year | HQ Location |
Nova Credit is focused on consumer credit data solutions.
|
|
| domain | founded_year | HQ Location |
Credit information, marketing solutions, and credit management services are provided.
|
|
| domain | founded_year | HQ Location |
Artificial intelligence based credit decisioning solution for banks and credit institutions
|
|
| domain | founded_year | HQ Location |
Lender focused on non-prime and unbanked borrowers
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Nithio
Frequently Asked Questions about Nithio
When was Nithio founded?
Nithio was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Is Nithio a funded company?
Nithio is a funded company, having raised a total of $63.84M across 10 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $1M, raised on Apr 04, 2018.
What does Nithio do?
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.
Who are the top competitors of Nithio?
Nithio's top competitors include Credit Kudos, Borrowell and Applied Data Finance.
What products or services does Nithio offer?
Nithio offers Risk Analytics Engine, FAIR Investment Vehicle, and Climate Solutions Services.
Who are Nithio's investors?
Nithio has 12 investors. Key investors include TPG, FMO, Shell Foundation, FSD Africa, and Powerhouse Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.