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Nitro - About the company

Nitro is an acquired company based in San Francisco (United States), founded in 2005 by Sam Chandler, Karl De Abrew, Chris Marks and Richard Wenzel. It operates as a Cloud-based PDF management and e-signing tools. Nitro has raised $36.6M in funding from Battery Ventures and Starfish Ventures. The company has 855 active competitors, including 65 funded and 51 that have exited. Its top competitors include companies like DocuSign, Adobe and Evrotrust.

Company Details

Cloud-based digital transaction management suite solutions. It allows users to create, prepare, and edit PDF documents while collaborating with the team. It also provides users with a software solution that enables users to create, merge, edit, convert, and review PDF files. It also provides secure and legally binding e-signature solutions. It is the tool available on a subscription-based pricing model.
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Phone Number
+1 **********
Registered Address
San Francisco, California
Key Metrics
Founded Year
2005
Location
San Francisco, United States
Stage
Acquired
Total Funding
$36.6M in 4 rounds
Latest Funding Round
Ranked
Employee Count
157 as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Alludo (Nov 15, 2022)

Nitro's acquisition details

Nitro got acquired by Alludo on Nov 15, 2022. It was facilitated by Kirkland & Ellis.
Click here to take a look at Nitro's acquisition in detail
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Nitro's funding and investors

Nitro has raised a total funding of $36.6M over 4 rounds. Its first funding round was on Apr 03, 2012. Its latest funding round was a Series C round on Apr 03, 2017 for $*****. 3 investors participated in its latest round. Nitro has 6 institutional investors.

Here is the list of recent funding rounds of Nitro:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 03, 2017
6258466
Series C
3737841
1378597
9787350
6656272
Jan 06, 2015
4903620
Series B
4371973
2593825
3005883
2667575
Oct 09, 2013
2084557
Series A
7432330
3709976
2799794
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Nitro's founders and board of directors

Founder? Claim Profile
The founders of Nitro are Sam Chandler, Karl De Abrew, Chris Marks and Richard Wenzel.
Here are the details of Nitro's key team members:

Nitro's employee count trend

Nitro has 157 employees as of Dec 22. The total employee count is 8.0% lower than what it was in Dec 21. Here is Nitro's employee count trend over the years:
Employee count trend for Nitro
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Nitro's Competitors and alternates

Top competitors of Nitro include DocuSign, Adobe and Evrotrust. Here is the list of Top 10 competitors of Nitro, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for DocuSign
DocuSign
2003, San Francisco (United States), Public
Provider of electronic signature and intelligent agreement management platform solutions
$520M
89/100
2nd
Logo for Adobe
Adobe
1982, San Jose (United States), Public
AI powered marketing creative management and customer journey management platform
-
83/100
3rd
Logo for Evrotrust
Evrotrust
2015, Sofia (Bulgaria), Series B
AI based identity verification and e-Signing solution provider
$13.8M
71/100
4th
Logo for EMudhra
EMudhra
2008, Bengaluru (India), Public
Provider of digital signature certificates, PKI, and e-signature solutions
$26.2M
70/100
5th
Logo for Signaturit
Signaturit
2013, Barcelona (Spain), Series A
Online electronic signature solution
$11.7M
67/100
6th
Logo for PrivyID
PrivyID
2016, Jakarta (Indonesia), Series C
Cloud-based platform offering e-signature software
$72M
66/100
7th
Logo for Skribble
Skribble
2018, Switzerland, Series A
Platform offering electronic signatures software
$11.3M
66/100
8th
Logo for CudaSign
CudaSign
2010, Newport Beach (United States), Acquired
e-Signing tool for enterprises
$2.5M
65/100
9th
Logo for Nitro
Nitro
2005, San Francisco (United States), Acquired
Cloud-based PDF management and e-signing tools
$36.6M
65/100
10th
Logo for Leegality
Leegality
2016, Delhi (India), Series A
Platform offering document automation software
$6.63M
60/100
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Nitro's Investments and acquisitions

Nitro has not made any investments yet. Nitro has made 4 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Nov 10, 2021
Acquisition
2014
Antwerp (Belgium)
Jun 28, 2021
Acquisition
2003
San Francisco (United States)
Oct 21, 2015
Acquisition
2005
San Francisco (United States)
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Reports related to Nitro

Here is the latest report on Nitro's sector:

News related to Nitro

lockFilter this list
Media has covered Nitro for a total of 2 events in the last 1 year, 2 of them have been about partnerships.
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FAQs about Nitro

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