Nitro logo
Founded 2005

Nitro

2020 Revenue

$18.8M

YOY

Funding

$37.4M

How Nitro hit $18.8M in Revenue with 600K Customers in 2020.

About Nitro

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, Nitro’s 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.

Monthly Revenue

$1.6M

Total Expenses

$1.6M

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

San FranciscoCaliforniaUnited States
$Funding$Revenue

Nitro Revenue

In 2020, Nitro revenue run rate hit $18.8M in revenue.

$18.8M

Nitro Valuation and Funding History

Nitro has raised a total of $37.4M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
04/04/2017Series C$15.0M
11/01/2014Series B$15.0M
10/09/2013Series A$3.1M
04/03/2012Series A$3.5M
01/22/2007Pre Seed Round$777.7K$2.4M

Customers

Nitro has 600K customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Nitro has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Nitro has 209 employees. They have 57 sales reps that carry a quota They have an engineering team of 43. and a marketing team of 9.

20182019202014.00%▲12.00%▲
DistributionQty

Total Team Size

209

Engineers

43 (21%)

Sales

57 (27%)

Marketing

9 (4%)

CEO/Founder

Sam Chandler


CEO Q&A

What's your age?

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Favorite online tool?

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Favorite book?

-

Favorite CEO?

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Advice for 20 year old self

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Frequently Asked Questions about Nitro

When was Nitro founded?

Nitro was founded in 2005.


Who is the CEO of Nitro?

The CEO of Nitro is Sam Chandler


How many employees does Nitro have?

Nitro has 209 employees.

How much revenue does Nitro generate?

Nitro generates $18.8M in revenue.


How much funding does Nitro have?

Nitro has raised $37.4M.


Where is Nitro headquarters?

Nitro is headquartered at San FranciscoCaliforniaUnited States

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