Nitra - About the company
Nitra is a seed company based in New York City (United States)founded in 2021 by Tim Hwang. It operates as a Provider of a financial software for patients and healthcare professionals. Nitra has raised $62M in funding from investors like Andreessen HorowitzNew Enterprise Associates and AME Cloud Ventures. The company has 127 active competitorsincluding 23 funded and 9 that have exited. Its top competitors include companies like Conta SimplesCenter and AppZen.
Company Details
- Website
- www.nitra.com/
- Social
- Email ID
- *****@nitra.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2021
Location
New York City United States
Stage
Seed
Total Funding
$62M in 2 rounds
Latest Funding Round
Investors
Ranked
11th among 127 active competitors
Employee Count
8 as on Jul 012024
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Nitra's funding and investors
Nitra has raised a total funding of $62M over 2 rounds. Its first funding round was on Aug 232022. Its latest funding round was a Conventional Debt round on Aug 232022 for $*****. 1 investor participated in its latest round. Nitra has 25 institutional investors.
Here is the list of recent funding rounds of Nitra:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 232022 | 5279200 | Conventional Debt | 2498122 | 4580860 | 2250246 | 1163483 |
Aug 232022 | 1454775 | Seed | 6815269 | 6684203 | 3795437 |
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Nitra's founders and board of directors
Founder? Claim ProfileHere are the details of Nitra's key team members:
- Tim Hwang: Co-Founder & Co-CEO of Nitra.
View details of Nitra's Founder profiles and Board Members
Nitra's employee count trend
Nitra has 8 employees as of Jul 24. Here is Nitra's employee count trend over the years:
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Nitra's Competitors and alternates
Top competitors of Nitra include Conta SimplesCenter and AppZen. Here is the list of Top 10 competitors of Nitraranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Conta Simples 2018Sao Paulo (Brazil)Series B | Digital bank for businesses | $68.1M | 66/100 | |
2nd | Center 2014Bellevue (United States)Acquired | AI-based expense management software | $140M | 65/100 | |
3rd | AppZen 2012San Jose (United States)Series D | AI-powered finance automation platform streamlining accounts payableT&Eand card programs | $283M | 63/100 | |
4th | Provider of expense analysis and management solutions for businesses | $63M | 63/100 | ||
5th | Provider of a financial management solution for the providers to help their chronically ill patients manage their finances | $69M | 61/100 | ||
6th |  Brightflag 2014Dublin (Ireland)Acquired | AI-based legal spend management software for corporate lawyers | $40M | 61/100 | |
7th | MediSpend 1999Portsmouth (United States)Acquired | Compliance management software for spend analytics in life sciences industry | - | 55/100 | |
8th | Cloud-based expense management solution | $6.59M | 54/100 | ||
9th | Modular platform for bankingpaymentsremittanceand compliance | $13.4M | 53/100 | ||
10th | Receipt management solutions for digital banking applications | $46.5M | 48/100 | ||
11th |  Nitra 2021New York City (United States)Seed | Provider of a financial software for patients and healthcare professionals | $62M | 47/100 |
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Nitra's Investments and acquisitions
Nitra has made no investments or acquisitions yet.
Reports related to Nitra
Here is the latest report on Nitra's sector:
News related to Nitra
Media has covered Nitra for 1 event in last 1 yearIt was about partnerships.
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NITRA and CSIR Partner to Explore Milkweed as Sustainable FiberFashionatingWorld•Apr 122025•NitraNBRI
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Nitra Raises $62M in Equity and Debt FundingFinSMEs•Aug 242022•NitraAndreessen HorowitzNew Enterprise AssociatesPantera Capital and 16 others
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