# Nitro Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nitro-software

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.gonitro.com
- Total disclosed funding: $31M
- Latest round: Series C (Apr 3, 2017)
- Investors on record: 4

## About

Nitro Software, Inc. is a US-based company specializing in document management solutions, focusing on PDF editing and electronic signing for businesses of all sizes.Founded in 2005 in San Francisco, US, Nitro Software, Inc. provides innovative solutions in document management. The company has undergone strategic pivots to enhance its offerings. The founder, Sam Chandler, has an established history in the software industry. Nitro has successfully raised AUD 550.00 mn through its latest funding round, Public to Private, led by Potentia, with participation from HarbourVest Partners and L Capital.Nitro Software delivers an array of document management solutions centered around PDF editing and electronic signing. Their flagship product, Nitro PDF, enables users to edit, convert, combine, and sign PDF documents on various platforms, including Windows, Mac, and iOS. Nitro Sign enhances this portfolio with secure eSigning capabilities, streamlining contract and form processes for a diverse client base across industries such as real estate, healthcare, finance, and education, particularly in North America, Europe, and Asia-Pacific.In the most recent fiscal year, 2021, Nitro Software reported a revenue of AUD 50.85 mn, with an EBITDA of AUD -18.65 mn, reflecting the company's financial performance during that period.Nitro Software aims to launch new products designed to further enhance document management capabilities, with specific details and release dates forthcoming. The company plans to expand its market presence in regions such as Asia-Pacific and Europe by 2024. The recent funding round will support these initiatives, providing resources for product development and market expansion efforts.

## Funding rounds

- Series C, Apr 3, 2017, $15M — Battery Ventures, Regal Funds Management, Alium Capital Management
- Series B, Nov 4, 2014, $15M — Battery Ventures
- Angel, Jan 22, 2007, $1M — Venturian

## Investors

- Venturian (https://capitalatlas.ai/funds/venturian) — Angel
- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series B, Series C
- Regal Funds Management — Series C
- Alium Capital Management (https://capitalatlas.ai/funds/alium-capital-management) — Series C