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Valuation · 2007

$2.4M

2020 Revenue

$18.8M

Customers

600K

Funding

$37.4M

Avg ACV

$31

Team · 2025

338

Founded

2005

Nitro Revenue, Valuation & Funding (2020)

Nitro generated $18.8M in revenue in 2020.

Nitro is changing the way the world works with documents. As the global leader in document productivity solutions, Nitro enables people to work smarter every day with their documents, on the desktop and in the cloud. From PDF creation, conversion, editing, and reviewing capabilities, to cloud-enabled workflows for secure sharing, collaboration and electronic signatures, Nitro offers best-in-class solutions that every knowledge worker in an organization should use to improve productivity, document security and corporate sustainability. Founded in 2005, Nitros enterprise-grade solutions are now trusted by more than 575,000 leading businesses worldwide, including over half of the Fortune 500. As the only PDF software company focused completely on solving document challenges, Nitro continues to drive innovation in the space by employing cutting edge technology, including natural language processing (NLP) and machine learning, to unlock the power of the information contained in business-critical documents. One of the fastest-growing private companies in the world, Nitro is also a multiple Inc. 500/5000, BRW Fast 100, Deloitte Technology Fast 50, and Software 500 award winner. Headquartered in San Francisco, Nitro has offices in Dublin, Melbourne, St. Petersburg and Nitra, Slovakia. Discover how to work smarter every day and do more with documents at GoNitro.com.

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Nitro Revenue

In 2020, Nitro's revenue reached $18.8M.

Nitro Revenue GrowthReported revenue / ARR over time$0$4M$8M$12M$16M$20M200520072009201120132015201720192020$0$18.8MSource: GetLatka.com
YearMilestoneSource
2020Nitro Hit $18.8m revenue in August 2020Not recorded
2005Launched with $0 revenue

Nitro Valuation, Funding Rounds

Nitro reached a $2.4M valuation in 2007, set during its Pre-Seed round.

Nitro has raised $37.4M in total funding across 5 rounds, most recently a $15M Series C round in 2017.

Nitro Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$500K$10M$1M$20M$1.5M$30M$2M$40M$2.5M$50M2005200720092011201320152017$2.4MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2017Series C$15M--Not recorded
2014Series B$15M--Not recorded
2013Series A$3.1M--Not recorded
2012Series A$3.5M--Not recorded
2007Pre-Seed$777.7K$2.4M33%Not recorded

Customers

Nitro serves 600K customers.

Nitro Employees & Team Size

Nitro employs approximately 338 people as of 2026, up from 209 in 2020, including 57 sales reps that carry a quota. It serves 600K customers that rely on its solutions.

Nitro Team GrowthReported headcount over time0751502253003752005200720092011201320152017201920212023202500338338Source: GetLatka.com
YearMilestoneSource
2025Reached 338 employees (July 2025)Not recorded
2020Reached 209 employees (December 2020)Not recorded
2020Reached 209 employees (August 2020)Not recorded
2020Reached 171 employees (June 2020)Not recorded
2019Reached 153 employees (December 2019)Not recorded
2018Reached 134 employees (December 2018)Not recorded

Frequently Asked Questions about Nitro

What is Nitro's revenue?

As of 2020, Nitro generated $18.8M in revenue.

What is Nitro's valuation?

As of 2007, Nitro was valued at $2.4M.

Who founded Nitro?

Nitro was founded by Sam Chandler.

When was Nitro founded?

Nitro was founded in 2005.

Who is the CEO of Nitro?

The CEO of Nitro is Sam Chandler.

How much funding does Nitro have?

Nitro raised $37.4M across 5 rounds.

How many employees does Nitro have?

As of 2025, Nitro had 338 employees.

Where is Nitro headquartered?

Nitro is headquartered in San Francisco, California, United States.

Compare Nitro to the industry

Nitro operates across multiple industries. Browse revenue, funding, and growth data for Nitro 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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