Nitro

San Francisco, United States Founded: 2005 • Age: 21 yrs Acquired By Alludo
Cloud-based PDF editing, collaboration, and e-signature solutions are provided.
Annual revenue $40.2M Latest available
Total funding $36.6M 4 rounds
Employees 157 Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Nitro

Nitro is a company based in San Francisco (United States) founded in 2005 by Chris Marks was acquired by Alludo in November 2022. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Nitro has raised $36.6 million across 4 funding rounds from investors including Regal Funds Management, Alludo and Battery Ventures. The company has 157 employees as of December 31, 2022. Nitro has completed 4 acquisitions, including Daggerboard, Nitro and PDFpen. Nitro offers products and services including Nitro PDF, Nitro Sign, and Nitro Identity. Nitro operates in a competitive market with competitors including Box, Adobe, Acquia, M-Files and PandaDoc, among others.

  • Headquarter San Francisco, United States
  • Employees 157 as on 31 Dec, 2022
  • Founders Chris Marks
  • Stage Public
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Nitro Software, Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $40.2 M (USD)
    13
    as on Dec 31, 2020
  • Net Profit
    Not available
  • EBITDA
    -$6 M (USD)
    -58
    as on Dec 31, 2020
  • Total Equity Funding
    $36.6 M (USD)

    in 4 rounds

  • Latest Funding Round
    $15 M (USD), Series C

    Apr 03, 2017

  • Investors
  • Employee Count
    157

    as on Dec 31, 2022

  • Investments & Acquisitions
    Daggerboard

    & 3 more

  • Acquired by
    Alludo

    (Nov 15, 2022)

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Products & Services of Nitro

Nitro offers a comprehensive portfolio of products and services, including Nitro PDF, Nitro Sign, and Nitro Identity.

Product name locked
Category locked
Primary

PDF editing and conversion tools are provided for users.

Product name locked
Category locked
Locked

Secure eSigning solutions are offered for document workflows.

Product name locked
Category locked
Locked

User authentication services are delivered for secure transactions.

People of Nitro

Headcount 200-500
Employee Profiles 49
Board Members and Advisors 3
Employee Profiles
People
Grace Fuller
Manager, CS - EMEA
People
Aliffer Manenti
Sales Engineer
People
Garret Lacava
VP, Global Sales
People
Laura Brunell
Enterprise Customer Success Manager

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Board Members and Advisors
people
Andrew Gray
Non-Executive Director
people
Michael McNamara
Non-Executive Director
people
Tim Reed
Executive Director

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Funding Insights of Nitro

Nitro has successfully raised a total of $36.6M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $15 million completed in April 2017. 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 Nitro

Nitro has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Regal Funds Management, Alludo and Battery Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in technology companies are conducted globally by Battery Ventures.
Locked Locked Locked
Alium Capital Management is focused on technology and innovation investments.
Locked Locked Locked
Stage-agnostic sector-agnostic VC firm investing in Australia, New Zealand and the US
Locked Locked Locked
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Investor details for Nitro

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

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Nitro

Nitro has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Daggerboard, Nitro and PDFpen.

Investments
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Investment portfolio details for Nitro

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Digital transaction management software is offered for financial services firms.
Locked Locked 2014 Locked
Applications for data visualization and performance analysis are developed.
Locked Locked 2012 Locked
Cloud-based platform for electronic signature
Locked Locked 2005 Locked
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Complete acquisition details for Nitro

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Nitro

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Detailed financials for Nitro

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  • Profit trends
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Nitro Comparisons

Nitro Primary company
Description
Cloud-based PDF editing, collaboration, and e-signature solu...
Location
San Francisco, United States
Founded Year
2005
Annual Revenue
$40.2 M (USD)
Net Profit
Not available
EBITDA
-$6 M (USD)
Employees
157
As of 2022
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Peer comparison for Nitro

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Competitors of Nitro

Nitro 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 Box, Adobe, Acquia, M-Files and PandaDoc, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
AI-based platform for secure collaboration and content management is utilized.
Locked Locked Locked
AI-powered platform manages marketing creatives and customer journeys.
Locked Locked Locked
AI powered digital experience and customer data management platform
Locked Locked Locked
Documents are managed and automated for enterprise knowledge work.
Locked Locked Locked
Document workflows are automated and managed for sales teams.
Locked Locked Locked
An open source platform for content management applications is provided.
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Detailed competitors of Nitro

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
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Latest news on Nitro

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Complete news archive for Nitro

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

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Frequently Asked Questions about Nitro

Nitro was founded in 2005 and raised its 1st funding round 7 years after it was founded.

Nitro is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Nitro is a funded company, having raised a total of $36.6M across 4 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Nitro is 157.

Annual revenue of Nitro is $40.2M as on Dec 31, 2020.

Document management and eSignature solutions are offered by Nitro to streamline workflows. Services are provided across various sectors including real estate, healthcare, and education. PDF editing, secure signing, and identity verification tools are developed to enhance productivity and ensure compliance with global standards. Affordable pricing and AI-powered automation are integrated to support businesses of all sizes.

Nitro's top competitors include Adobe, Box and Acquia.

Nitro offers Nitro PDF, Nitro Sign, and Nitro Identity.

Nitro has made 4 acquisitions, including Daggerboard, Nitro, and PDFpen.

Nitro has 5 investors. Key investors include Regal Funds Management, Alludo, Battery Ventures, Alium Capital Management, and Starfish Ventures.

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