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How Nitel CEO Margi Shaw grew to $193.7M revenue with a 463 person team in 2023.

Nitel is a leading next-generation technology services provider, specializing in simplifying the complex technology challenges faced by today's enterprise organizations. By offering seamless and integrated managed network solutions, Nitel enables organizations to move forward efficiently. The company focuses on solving complicated IT challenges, allowing customers to operate with enhanced productivity and security. This dedication frees up clients to concentrate on other critical business issues. To learn more about how Nitel can support your organization, visit their website at [www.nitelusa.com](http://www.nitelusa.com).

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Nitel Revenue

In 2023, Nitel's revenue reached $193.7M. Since its launch in 2003, Nitel has shown consistent revenue growth.

Nitel Revenue GrowthReported revenue / ARR over time$0$50M$100M$150M$200M$250M20032005200720092011201320152017201920212023$0$194MSource: GetLatka.com
YearMilestoneQuote
2023Nitel Hit $193.7m revenue in December 2023
2003Launched with $0 revenue

Nitel Valuation, Funding Rounds

Nitel is a bootstrapped Enterprise IT Management Software startup. Founded in 2003, Nitel has grown to $193.7M in revenue without raising any venture capital or outside funding.

As a self-funded Enterprise IT Management Software SaaS company, Nitel has built its business with no outside investment.

Nitel Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12003Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Margi Shaw

Margi Shaw is listed as Founder / CEO at Nitel.

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Customers

We do not have customer count information for Nitel yet.

Nitel Employees & Team Size

Nitel employs approximately 463 people as of 2026, up from 429 in 2022.

Nitel Team GrowthReported headcount over time01002003004005002003200520072009201120132015201720192021202300463463Source: GetLatka.com
YearMilestone
2023Reached 463 employees (December 2023)
2022Reached 429 employees (December 2022)

Frequently Asked Questions about Nitel

What is Nitel's revenue?

Nitel generates $193.7M in revenue.

Who founded Nitel?

Nitel was founded by Margi Shaw.

Who is the CEO of Nitel?

The CEO of Nitel is Margi Shaw.

How much funding does Nitel have?

Nitel raised $0.

How many employees does Nitel have?

Nitel has 463 employees.

Where is Nitel headquarters?

Nitel is headquartered in Chicago, Illinois, United States.

Compare Nitel to the industry

Nitel operates across multiple industries. Browse revenue, funding, and growth data for Nitel in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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