About Nymbus
Nymbus is a company based in Miami (United States) founded in 2015.. Nymbus has raised $195.42 million across 11 funding rounds from investors including Home Credit Group, ConnectOne Bank and VyStar Credit Union. The company has 221 employees as of December 31, 2023. Nymbus has completed 3 acquisitions, including AgilityFOUR, R.C. Olmstead and Sharp BancSystems. Nymbus operates in a competitive market with competitors including ION Group, nCino, Ohpen, Backbase and Tuum, among others.
- Headquarter Miami, United States
- Employees 221 as on 31 Dec, 2023
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Nymbus, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$195.42 M (USD)
in 11 rounds
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Latest Funding Round
$70 M (USD), Series D
May 25, 2023
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Investors
Home Credit Group
& 11 more
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Employee Count
221
as on Dec 31, 2023
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Investments & Acquisitions
AgilityFOUR
& 2 more
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Software Development Team
22 people
Leadership Team
16 people
Advisory Team
10 people
Sales and Marketing
8 people
Creative and Marketing Team
5 people
Senior Team
5 people
Operations Team
4 people
Human Resources and Administration
4 people
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Funding Insights of Nymbus
Nymbus has successfully raised a total of $195.42M across 11 strategic funding rounds. The most recent funding activity was a Series D round of $70 million completed in May 2023. 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 11
- Last Round Series D — $70.0M
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First Round
First Round
(15 Aug 2016)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series D - Nymbus | Valuation | Insight Partners | |
| Mar, 2023 | Amount | Series C - Nymbus | Valuation | Reseda Group , Curql |
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| Aug, 2021 | Amount | Series C - Nymbus | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nymbus
Nymbus has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Home Credit Group, ConnectOne Bank and VyStar Credit Union. 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 |
|---|---|---|---|---|
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Private equity investments are targeted at financial service companies.
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Founded Year | Domain | Location | |
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A venture capital firm is focused on banking technology innovations.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nymbus
Nymbus has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include AgilityFOUR, R.C. Olmstead and Sharp BancSystems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online banking software suites are provided by AgilityFOUR.
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2006 | ||||
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Banking systems and software are developed for financial institutions.
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1987 | ||||
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Data preparation solutions are offered through a flexible intelligence platform.
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1978 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Nymbus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nymbus Comparisons
Competitors of Nymbus
Nymbus 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 ION Group, nCino, Ohpen, Backbase and Tuum, 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 |
Treasury management solutions are provided for financial institutions and banks.
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| domain | founded_year | HQ Location |
Cloud-based API platform for banking operations is provided.
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| domain | founded_year | HQ Location |
Developer of cloud-based core banking platform for retail mutual funds and savings accounts
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| domain | founded_year | HQ Location |
AI-powered banking platforms are provided for operational growth.
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| domain | founded_year | HQ Location |
Cloud-native API-first core banking platform is provided for banks.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nymbus
Frequently Asked Questions about Nymbus
When was Nymbus founded?
Nymbus was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Nymbus located?
Nymbus is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Who is the current CEO of Nymbus?
Jeffery Kendall is the current CEO of Nymbus.
Is Nymbus a funded company?
Nymbus is a funded company, having raised a total of $195.42M across 11 funding rounds to date. The company's 1st funding round was a Series C of $3M, raised on Aug 15, 2016.
How many employees does Nymbus have?
As of Dec 31, 2023, the latest employee count at Nymbus is 221.
What does Nymbus do?
Nymbus was founded in 2015 and is headquartered in Miami, United States. Cloud-based core banking solutions are provided for banks and financial institutions in the fintech sector. Operations focus on digital banking tools, including SmartLaunch for establishing digital banks, SmartCore for open banking APIs, SmartMarketing for targeted campaigns, and SmartOnboarding for customer processes. Additional services encompass payment processing and vendor management systems.
Who are the top competitors of Nymbus?
Nymbus's top competitors include nCino, Thought Machine and Tuum.
How many acquisitions has Nymbus made?
Nymbus has made 3 acquisitions, including AgilityFOUR, R.C. Olmstead, and Sharp BancSystems.
Who are Nymbus's investors?
Nymbus has 12 investors. Key investors include Home Credit Group, ConnectOne Bank, VyStar Credit Union, Insight Partners, and The Banc Funds.
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