Nitra

New York, United States Founded: 2021 • Age: 5 yrs
Financial software is provided to patients and healthcare professionals.
Annual revenue - Latest available
Total funding $134.0M 6 rounds
Employees - Tracked headcount
Investors 31 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About Nitra

Nitra is a company based in New York (United States) founded in 2021 by Tim Hwang. Nitra has raised $134 million across 6 funding rounds from investors including KB Financial Group, Dunamu and Gold House. Nitra offers products and services including Practice Expense Card, Expense Management, Accounts Payable, and Accounting Automation. Nitra operates in a competitive market with competitors including Conta Simples, AppZen, Jenji, Mendel and TailorMed, among others.

  • Headquarter New York, United States
  • Founders Tim Hwang
  • Sectors
    Healthcare
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Nitra, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $134 M (USD)

    in 6 rounds

  • Latest Funding Round
    $50 M (USD), Series B

    Mar 10, 2026

  • Investors
  • Employee Count
    Not available
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Products & Services of Nitra

Nitra offers a comprehensive portfolio of products and services, including Practice Expense Card, Expense Management, Accounts Payable, and Accounting Automation.

Product name locked
Category locked
Primary

Provides cashback on medical supplies for practice expenses.

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Automates tracking and fraud protection for business expenditures.

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Streamlines vendor payments and receipt matching processes.

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Integrates with software to speed up bookkeeping tasks.

People of Nitra

Headcount 10-50
Employee Profiles 10
Board Members and Advisors 4
Employee Profiles
People
Jonathan Chen
President & Co-ceo
People
Richard Kim
Chief Financial Officer & Chief Investment Officer
People
Andy Rooks
Director of Growth Marketing
People
Johnathan Kim
Strategy & Operations

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Board Members and Advisors
people
Richard Park
Advisor
people
Martin O'Malley
Advisor
people
Les Zuckerman
Advisor
people
Tim Hwang
Chairman of the Board, Co-Founder

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Funding Insights of Nitra

Nitra has successfully raised a total of $134M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in March 2026. 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 Nitra

Nitra has secured backing from 31 investors, including venture fund and institutional investors. Prominent investors backing the company include KB Financial Group, Dunamu and Gold House.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage tech investments in the US are targeted by Coventure.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Venture capital investments are offered to startups by NEA.
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Investor details for Nitra

Investor domains, locations, round participation, and complete history require an active premium plan.

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  • Investor locations
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  • Participation history

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Investments & Acquisitions by Nitra

Investments
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Investment portfolio details for Nitra

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Nitra

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Detailed financials for Nitra

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  • Profit trends
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Nitra Comparisons

Nitra Primary company
Description
Financial software is provided to patients and healthcare pr...
Location
New York, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Nitra

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Competitors of Nitra

Nitra 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 Conta Simples, AppZen, Jenji, Mendel and TailorMed, among others.

Company Name Domain Founded year HQ Location Description
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Digital bank for businesses
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Personal Assistant for Expense Management
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AI-based expense management software is offered for businesses.
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Expense analysis and management solutions are provided for businesses.
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Provider of a financial management solution for the providers to help their chronically ill patients manage their finances
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Receipt management solutions are offered for digital banking apps.
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Detailed competitors of Nitra

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Latest news on Nitra

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Complete news archive for Nitra

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Nitra

Nitra was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Nitra is headquartered in New York, United States. It is registered at New York, New York, United States.

Tim Hwang is the current CEO of Nitra. They have also founded this company.

Nitra is a funded company, having raised a total of $134M across 6 funding rounds to date.

Nitra was founded in 2021 and is headquartered in New York, United States. A platform for financial management in healthcare is offered, targeting both patients and professionals. Tools for billing, payments, and related transactions are included in the services. Operations are conducted within the fintech sector for healthcare. Leadership roles are held by co-founders Tim Hwang as Co-CEO and Jonathan Chen as President. The domain nitra.com supports online access.

Nitra's top competitors include Conta Simples, Brightflag and AppZen.

Nitra offers Practice Expense Card, Expense Management, Accounts Payable, and Accounting Automation.

Nitra has 31 investors. Key investors include KB Financial Group, Dunamu, Gold House, Coventure, and Andreessen Horowitz.

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