Nerdio Revenue, Valuation, Funding & Investors

Nerdio is valued at $1.2B as of March 2025, a 12.0x multiple on its last reported $100M revenue.

Last Nerdio valuation

$1.2B

Series C · Mar 2025

Last Nerdio funding round

$500M

Series C · Mar 2025

Nerdio revenue

$100M

Series C · Mar 2025

Key investors in Nerdio

  • General Atlantic
  • StepStone Group
  • Lead Edge Capital
  • Updata Partners
  • MK Capital
  • Vadim Vladimirskiy

Nerdio Overview

About Nerdio

Nerdio is a management platform for Azure Virtual Desktop and Windows 365 deployments. It automates provisioning, cost optimization, and scaling for MSPs and enterprises using Microsoft Azure. Orlando-headquartered, Nerdio integrates with Intune and Sentinel for security, supporting thousands of virtual desktops in finance and healthcare sectors.


Founded

2016

HQ

United StatesChicago, IL

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Revenue

$100M (Mar 2025)

Valuation

$1.2B (Mar 2025)

Nerdio Valuation

Nerdio is currently valued at $1.2B, based on its Series C in March 2025.

The $500M round was led by General Atlantic, with participation from StepStone Group and Lead Edge Capital.

Nerdio valuation by funding round

Nerdio valuation by funding round
DateStageValuationRevenue Multiple
Mar 2025Series C$1.2B12.0x

Nerdio Revenue

Nerdio's latest recorded revenue is $100M, as of its Series C in March 2025. At a $1.2B valuation, that implies a 12.0x revenue multiple.

Nerdio revenue by funding round

Nerdio revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Mar 2025$100M$1.2B12.0xSeries C

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Nerdio Funding History

Nerdio has raised a total of $625M across 3 funding rounds.

Nerdio's first fundraising round was a $8M Series A in February 2020. The most recent completed round was a $500M Series C in March 2025.

Nerdio funding rounds

Nerdio funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Mar 2025Series CGeneral Atlantic (lead); StepStone Group; Lead Edge Capital$500M$1.2BNerdio is an automated End-User Computing (EUC) platform that helps organizations deploy, manage, and cost-optimize virtual desktop environments, particularly those running on Microsoft Azure, Windows 365, and Azure Virtual Desktop. The platform serves over 5 million users across 15,000 customers in more than 50 countries, including major enterprises such as Chevron, Kraft Heinz, ASDA, Carnival Cruise Line, Willis Towers Watson, and Penn State University. Founded in 2016 by Vadim Vladimirskiy (CEO) and Joseph Landes (CRO), the company simplifies complex IT operations that would otherwise require months of engineering work. In March 2025, Nerdio secured $500 million in Series C funding led by General Atlantic, with participation from Lead Edge Capital and StepStone Group, achieving unicorn status with a post-money valuation of $1 billion or higher. This investment quadrupled the company's valuation in just two years. The company demonstrated strong financial performance in the preceding year, achieving over 85% year-over-year ARR growth while maintaining profitability with no debt. The new capital will be deployed to accelerate product innovation across the EUC and Managed Service Provider (MSP) markets, expand global operations to meet international demand, and augment engineering and customer success teams to support rapid growth. General Atlantic partners Aaron Goldman and Asher Hecht joined Nerdio's board as part of the investment.
Dec 2022Series BUpdata Partners (lead)$117M-Nerdio is a Chicago-based SaaS company providing a management platform for Microsoft Azure Virtual Desktop and Desktop-as-a-Service (DaaS) solutions, enabling organizations to deploy, manage, and optimize virtual desktops using native Microsoft technologies. The platform offers features like auto-scaling, license optimization, security, compliance, monitoring, and reporting to deliver cost savings on top of Azure Virtual Desktop deployments. It targets service providers, managed service providers (MSPs), system integrators, SMBs, and enterprises modernizing hybrid and remote work setups. On December 14, 2022, Nerdio completed a $117 million Series B funding round led by and from Updata Partners, bringing total funding to $125 million including a prior $8 million Series A in February 2020 led by MK Capital and company founders. Updata Partners joined Nerdio's board alongside figures like former Microsoft executives Gavriella Schuster and Andy Lees. The investment aims to propel adoption of Nerdio's DaaS management solutions amid growing demand for cloud-delivered workspaces post-pandemic. Proceeds will fund customer acquisition, product R&D, hiring to more than double headcount (from ~100 employees), and global expansion into regions like UK, EMEA, Australia, New Zealand, India, and Brazil, with a focus on sales growth and executive leadership. Between February 2020 and December 2022, Nerdio achieved over 2,000% growth in annual recurring revenue, expanded to more than 5,000 customers and 1,000 channel partners, and demonstrated strong market traction in the Azure ecosystem. Updata highlighted Nerdio's proven value across verticals and its leadership in cloud DaaS management.
Feb 2020Series AMK Capital (lead); Vadim Vladimirskiy$8M-Nerdio raised $8 million in a Series A funding round in February 2020 led by MK Capital, with participation from co-founder Vadim Vladimirskiy and Chief Revenue Officer Joseph Landes. The company provides an automated end-user computing platform designed to simplify how organizations deploy, manage, and cost-optimize virtual desktop environments on Microsoft Azure. The company later announced in March 2025 that it had raised $500 million in Series C funding at a valuation exceeding $1 billion, having previously closed a $117 million Series B round in 2022.

Who has invested in Nerdio?

6 investors have backed Nerdio across its funding rounds, including General Atlantic, StepStone Group, Lead Edge Capital, Updata Partners, MK Capital and Vadim Vladimirskiy.

Lead investors include General Atlantic, Updata Partners and MK Capital.


Nerdio Investors

Investors in Nerdio by funding rounds participated
InvestorHQRoundsRoleFirst check
StepStone GroupUnited StatesNew York City, NY1ParticipantMar 2025
Lead Edge CapitalUnited StatesNew York City, NY1ParticipantMar 2025
Vadim VladimirskiyUnited StatesUnited States1ParticipantFeb 2020
MK CapitalUnited StatesChicago, IL1LeadFeb 2020

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Nerdio Competitors

Nerdio competitors include listed companies like Imdex and Zwsoft, and private ones like Motive, Vention, I-care Group and 24M Technologies.

Public and private companies comparable to Nerdio
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
MotiveUnited StatesSan Francisco, CAPrivate$600M-$1.2B-
VentionCanadaMontrealPrivate$73M-$1.2B16.4x
ImdexAustraliaAustraliaPublicly listed$370M$94M$1.2B3.6x
I-care GroupBelgiumMonsPrivate$115M-$1.2B10.2x
ZwsoftChinaChinaPublicly listed$133M$12M$1.3B6.9x
24M TechnologiesUnited StatesUnited StatesPrivate--$1.3B-

Nerdio Public Comps

Nerdio is still privately-owned, but its public comps include Imdex, Zwsoft, Vitec Software, Qt Group, GuoChuang Software, Shenzhen Tianyuan Dic, PSI Software, KPIT Technologies, Breton Technology and Shenzhen Sunwin.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Imdex$370M$94M3.7x3.6x14.6x11.4x
Zwsoft$133M$12M7.4x6.9x79.9x49.1x
Vitec Software$371M$151M3.7x3.5x9.1x9.0x
Qt Group$249M$62M4.3x3.9x17.3x16.0x
GuoChuang Software$220M($17M)4.8x-(60.4x)-
Shenzhen Tianyuan Dic$1.4B$42M0.9x-28.6x-
PSI Software$329M($7M)2.6x2.5x(127.4x)51.0x
KPIT Technologies$673M$128M2.3x2.2x11.8x11.3x

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Common questions about Nerdio

When was Nerdio founded?Nerdio was founded in 2016.
Where is Nerdio headquartered?Nerdio is headquartered in Chicago, IL, United States.
Is Nerdio publicly listed?No, Nerdio is a private, VC-backed company.
What is Nerdio's valuation?Nerdio was last valued at $1.2B in its Series C in March 2025.
How much funding has Nerdio raised?Nerdio has raised $625M across 3 funding rounds.
What was Nerdio's last funding round?Nerdio's last funding round was a $500M Series C in March 2025, led by General Atlantic.
Who are Nerdio's investors?Nerdio's investors include StepStone Group, Lead Edge Capital, Vadim Vladimirskiy, MK Capital, General Atlantic and Updata Partners.
What is Nerdio's revenue?Nerdio's latest recorded revenue is $100M (March 2025).
What is Nerdio's revenue multiple?Nerdio's latest valuation implies a 12.0x revenue multiple ($1.2B valuation on $100M of revenue).
Which companies are comparable to Nerdio?Companies comparable to Nerdio include Motive, Vention, Imdex, I-care Group, Zwsoft and 24M Technologies.

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