Nithio
PrivateLast Round
Debt
Dec 11, 2023
Total Funding Raised
$54M
Company Overview
Nithio is a climate fintech company that operates an AI-driven platform for clean energy investment in Africa. The company's core is its proprietary Risk Analytics Engine, which uses artificial intelligence, geospatial data, and customer repayment information to standardize credit risk assessment for investments in the distributed renewable energy sector. Nithio has a dual business model: it offers its analytics platform as a service to other investors, banks, and governments, and it also makes direct debt investments into clean energy companies through its own blended-finance vehicle, FAIR (The Facility for Adaptation, Inclusion, and Resilience), formerly known as Nithio FI. The firm aims to unlock capital at scale to improve energy access and build climate resilience in underserved markets.
Sector
Energy & Sustainability
Verticals
Renewable Energy, Lending & Credit, Credit Scoring, ESG Analytics, Investment Platforms
Business Model
B2B
Customer Profile
Services & Consulting, Data as a Service, Government Contracts
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Nithio Comparables
Compare Nithio with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Odyssey Energy Solutions | 69% | |
| Angaza | 68% | |
| Masunga (formerly Solaris Offgrid) | 65% | |
Nithio Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Dec 11, 2023 | ||||
| Debt | Oct 27, 2023 | ||||
| Debt | May 2, 2023 | ||||
| Debt | Sep 21, 2021 | ||||
| Series A | Apr 26, 2021 | ||||
Seed | Apr 9, 2018 |
Nithio Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Schmidt Family Foundation | Debt |
| Powerhouse Ventures | Series A |
| TPG Growth | Seed |
| Kupanda Capital | Seed, Series A |
| Emerson Collective | Series A |
| The Investment Fund for Developing Countries (IFU) | Debt |
| EDFI Management Company | Debt |
Market signals
Structured signals derived from secondary market and firmographic data.
- May 2, 2023
$3M raised from EDFI, Schmidt Family Foundation, and others.
- Sep 21, 2021
$23M raised from EDFI Management Company and Shell Foundation.
Nithio Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
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