About Nitra
Nitra is a Healthcare company based in New York (United States) founded in 2021 by Tim Hwang. Financial software is provided to patients and healthcare professionals. It operates in the Healthcare and Technology sectors. Nitra has raised $134 million across 6 funding rounds from investors including KB Financial Group, Dunamu and Gold House. Its chief executive, as recorded, is Tim Hwang. Its website nitra.com draws about 35 thousand monthly visits. Nitra offers products and services including Practice Expense Card, Expense Management, Accounts Payable, and Accounting Automation. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its legal entity is Nitra, Inc. Its competitors include AppZen, Toolbox and Center; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Total Equity Funding$134M (USD)
in 6 rounds
- Latest Funding Round$50M (USD), Series B
Mar 2026
- InvestorsKB Financial Group
& 30 more
Products & Services of Nitra
Nitra offers a comprehensive portfolio of products and services, including Practice Expense Card, Expense Management, Accounts Payable, and Accounting Automation.
Provides cashback on medical supplies for practice expenses.
Automates tracking and fraud protection for business expenditures.
Streamlines vendor payments and receipt matching processes.
Integrates with software to speed up bookkeeping tasks.
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.
- Total Funding $134M
- Total Rounds 6
- Last Round Series B — $50M
- Investors Count 31
All 6 funding rounds of Nitra with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2026 | $95M | Debt – Conventional | – | – | |
| Mar 2026 | $20M | Debt – Venture | – | – | |
| Mar 2026 | $50M | Series B | – | – | |
| Aug 2025 | $22M | Series A | – | – | |
| Aug 2022 | Debt – Conventional | – | – | ||
| Aug 2022 | $62M | Seed | – | a16z, New Enterprise Associates | – |
31 investors in total: 31 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech investments in the US are targeted by Coventure. | coventure.vc | Miami, United States | ||
Venture capital investments in technology sectors are handled by Andreessen Horowitz. | a16z.com | |||
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Blockchain-focused investment funds and venture capital are provided. | panteracapital.com | Menlo Park, United States | ||
AME Cloud Ventures is focused on investing in data-driven technology companies. | amecloudventures.com | Palo Alto, United States | ||
Venture capital firm focused on early-stage companies | dreamers.vc | Calabasas, United States | ||
Startup acceleration and venture capital funding are provided. | primersazze.com | San Jose, United States | ||
A startup accelerator and venture capital fund in Taiwan is operated. | 2018 | sparklabstaipei.com | Taipei, Taiwan | |
Early-stage investments are provided by Soma Capital to startups. | somacap.com | San Francisco, United States | ||
Startups are incubated across sectors by the agnostic studio. | expa.com | San Francisco, United States |
Investor details for Nitra
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Nitra
14 people are tracked at Nitra (5 in leadership, 3 in board & advisors, 6 in team).
| Name | Role | Group |
|---|---|---|
Tim Hwang | Co-Founder & Co-CEO | Leadership |
Jonathan Chen | Co-CEO & President | Leadership |
Richard Kim | Chief Financial Officer & Chief Investment Officer | Leadership |
Andy Rooks | Director of Growth Marketing | Leadership |
Martin Davalos | Director Of Customer Success | Leadership |
Richard Park | Advisor | Board & advisors |
Martin O'Malley | Advisor | Board & advisors |
Les Zuckerman | Advisor | Board & advisors |
Johnathan Kim | Strategy & Operations | Team |
Jason Idilbi | General Counsel | Team |
Hun Kim | Advisor | Team |
Ryan Park | Investor | Team |
Alex Isaacs | Customer Success Engineer | Team |
Amanda Bancala | Customer Success Manager | Team |
Complete people profiles for Nitra
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Nitra
3 dated milestones of Nitra across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Nitra is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $50.0M.
Competitors of Nitra
Nitra has 3 listed competitors in our database, 3 of them funded. They include AppZen, Toolbox and Center.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| appzen.com | 2012 | Sunnyvale, United States | $282.51M | 141 | Personal Assistant for Expense Management | |
| trytoolbox.com | 2019 | Boston, United States | $7.84M | Construction professionals are matched with projects via an online marketplace. | ||
| getcenter.com | 2014 | Bellevue, United States | $105.98M | AI-based expense management software is utilized for reporting and auditing. |
Detailed competitors of Nitra
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Nitra
The website of Nitra (nitra.com) receives about 35.2K visits a month.
- Monthly visits35.2K
▲ 166.2% vs previous month
Websites whose visitors overlap most with Nitra. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
odsonfinance.com | odsonfinance.com | 100% | #1,252,936 | – | |
efile.com | efile.com | 72% | #161,309 | – |
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Nitra (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Nitra
Complete news archive for Nitra
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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 CEO of Nitra, as recorded in our data. 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 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.
Nitra operates through Nitra, Inc..