Companies · Computers

Nitero, Inc.

AUSTIN · Computers

Diligence memoA one-page analyst read on Nitero, Inc. — recommendation, valuation, rhythm, risks.
$3.1M
Total raised · real
2
Rounds
0.9×
Latest step-up
Top 40%
Sector rank · raised
Seed
Latest stage · inferred · Tue Jun 26 2012 00:00:00 GMT+0000 (Coordinated Universal Time)

Nitero, Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the software/compute sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.96× the median modeled value of Seed Computers companies in 2010–2012 (82 peers) — value vs value, same stage and era.
  • Within the normal band (96% of peer median) for its niche.
Dormant
  • Last raise 14.0 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Computers

Nitero, Inc. is one of 1370 Computers companies tracked from AUSTIN. By capital raised it ranks mid-pack (ahead of 61% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$25M$50M$75M$100MSeed · 2011-06-21 Raised $1.6M (real) Modeled valuation $66M (est)$1.6M$66MSeed2011Seed · 2012-06-26 Raised $1.5M (real) Modeled valuation $61M (est)$1.5M$61MSeed2012+$1.5MCumulative $3.1M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.6M · 2011
Seed extension$1.5M · 2012

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$61.2M
Base estimate est.
$1.3M
Conservative case
$480.2M
Upside case
$7.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the software/compute sector profile. Directional, not a quoted figure.

Seed · modeled $65.8M · 2011-06-212011Seed · modeled $61.2M · 2012-06-262012
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.65×/yr
Annual markup
2.17×/yr upside case
6.0 yr
Elapsed time used
14.0 yr actual, capped for stale marks
software/compute
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
12 mo
Avg between rounds
$3.1M/yr
Capital velocity
15.0 yr
On record since
2011
First round
2
Rounds on file
How it compares to the market

Benchmarked against 1370 companies in Computers. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 1.6× above median
This company$3.1M
Sector median$1.9M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.9× of median
This company$1.5M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 1.9× above median
This company$61.2M
Sector median$33.0M

Raised more than 61% of sector peers (real $). Modeled value above 64% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #51 of 82.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Netsol Technologies Inc · Seed Raised $4.0M · modeled $163.2M (est)Mykonos Software Inc · Seed Raised $4.0M · modeled $163.2M (est)VM6 Software, Inc. · Seed Raised $4.0M · modeled $163.2M (est)dynaTrace software, Inc. · Seed Raised $4.0M · modeled $163.2M (est)Optaros Inc · Seed Raised $4.0M · modeled $163.2M (est)Intrinsity Inc · Seed Raised $4.0M · modeled $163.2M (est)Cognitive Electronics, Inc. · Seed Raised $3.8M · modeled $157.0M (est)Breker Verification Systems, Inc. · Seed Raised $3.8M · modeled $155.8M (est)Invoke Solutions Inc · Seed Raised $5.5M · modeled $153.3M (est)Certpoint Systems Inc · Seed Raised $5.9M · modeled $153.0M (est)Certify Data Systems Inc · Seed Raised $9.4M · modeled $147.3M (est)Green Mountain Digital Inc. · Seed Raised $4.0M · modeled $147.0M (est)Nitero, Inc. (this company) Raised $3.1M · modeled $61.2M (est)Nitero, Inc.
CompanyStageRaised · realValue · estvs peer med.
Netsol Technologies IncSeed$4.0M$163.2M2.56×
Mykonos Software IncSeed$4.0M$163.2M2.56×
VM6 Software, Inc.Seed$4.0M$163.2M2.56×
dynaTrace software, Inc.Seed$4.0M$163.2M2.56×
Optaros IncSeed$4.0M$163.2M2.56×
Intrinsity IncSeed$4.0M$163.2M2.56×
Cognitive Electronics, Inc.Seed$3.8M$157.0M2.47×
Breker Verification Systems, Inc.Seed$3.8M$155.8M2.45×
Invoke Solutions IncSeed$5.5M$153.3M2.41×
Certpoint Systems IncSeed$5.9M$153.0M2.40×
Certify Data Systems IncSeed$9.4M$147.3M2.31×
Green Mountain Digital Inc.Seed$4.0M$147.0M2.31×
Nitero, Inc. this companySeed$3.1M$61.2M0.96×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.6M2011-06-21$8.1M$65.8M90%
Seed$1.5M2012-06-26$7.5M$61.2M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.6M2011-06-21
    • First recorded raise — entered as Seed.
  2. Seed$1.5M2012-06-26
    • Raised 12 mo later, in step with the ~12 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2013 ~Q3
Modeled next raise · ~12mo cadence
$1.5M
Modeled next size est.range $1.5M$2.4M
0.9×
Last step-up
$3.1M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Clark Patrick Jernigan2012-06
Efstratios Patrick Skafidas2011-06
George Patrick Barber2012-06
Joel Patrick Rollins2012-06
Larry Patrick Marshall2012-06
Neil Patrick Kelly2011-06
Registry & provenance

Nitero, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1524340
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
FrontierBPM, Inc.ComputersSeed$3.1M$89.7Msame sector · same stage
Lab79, Inc.ComputersSeed$3.1M$86.0Msame sector · same stage
Storj Labs, Inc.ComputersSeed$3.0M$40.8Msame sector · same stage
Abuyo, Inc.ComputersSeed$3.2M$61.2Msame sector · same stage
Konfer, Inc.ComputersSeed$3.2M$60.1Msame sector · same stage
Digital Media Holdings, LLCComputersSeed$3.0M$61.2Msame sector · same stage
Rigor Technologies IncComputersSeed$3.0M$49.9Msame sector · same stage
Zelar Soft, LLCComputersSeed$3.0M$25.0Msame sector · same stage
Frequently asked
How much funding has Nitero, Inc. raised?
Nitero, Inc. has raised approximately $3.1M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Nitero, Inc.'s estimated valuation?
Provath's modeled valuation for Nitero, Inc. is approximately $61.2M (modeled range $1.3M–$480.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Nitero, Inc. at?
Nitero, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Jun 26.
What does Nitero, Inc. do and where is it based?
Nitero, Inc. operates in the Computers sector, based in AUSTIN.
Explore related

See where Nitero, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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