Citron logo — company profile

Citron

Founded 2015 Canada Toronto, Canada 8 employees Venture round Total: $20.00M ESG, Energy +1

General Information

Company Name Citron
Founded Year 2015
Location Canada Toronto, Canada
Employees 8
Industries ESG, Energy, Internet
Funding Stage Venture round
Social

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About Citron

Citron.io is a custom software development firm founded in 2011, based in Canada. The company focuses on combining the industry’s most cutting-edge patterns, processes, and rare talent to deliver better software on clients' toughest projects. In the words of Coté from Pivotal, "companies either get really good at delivering software and managing data, or fall by the wayside—like the Blockbuster versus Netflix storyline." Recently, on 11 April 2023, Citron.io secured a significant €20.00M Venture Round investment from prominent investors including Bpifrance, Eiffel Investment Group, and Entrepreneur Venture.

This investment reflects the market's confidence in Citron.io's potential to disrupt the custom software development industry. With a strong focus on leveraging rare talent and cutting-edge patterns, the company has positioned itself as a leader in delivering high-quality software solutions to its clients' toughest projects.

The substantial investment is expected to fuel Citron.io's further expansion and innovation efforts, allowing the company to capitalize on the growing demand for advanced software development services in the Internet sector. This strategic infusion of capital is likely to support the company's mission of delivering superior software solutions and managing data effectively, solidifying its position in the market.

Overall, with its recent significant €20.00M Venture Round investment and a strong portfolio of investors, Citron.io is well-positioned to capitalize on the increasing need for cutting-edge software solutions, projecting a promising trajectory for both the company and its investors.

Taxonomy: custom software development, cutting edge, processes, talent, delivering software, managing data, technology, innovation, agile, bespoke solutions

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round €20.00M 3
Bpifrance, Eiffel Investment Group +1
11 Apr 2023

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FAQ About Citron

Citron.io is a custom software development firm which combines industry’s most cutting edge patterns, processes and rare talent to deliver better software on clients toughest projects. "To put it more bluntly, companies either get really good at delivering software and managing data, or fall by t...
Citron was founded in 2015.
Citron is headquartered in Toronto, Canada.
Citron operates in ESG, Energy and Internet. Its work centres on custom software development, cutting edge, processes and talent.
Citron has approximately 8 employees.
Citron has completed 1 funding round, raising a total of $20.00M. The latest funding stage is Venture round.
Top alternatives and competitors to Citron include Avnos, TOHAR ENVIRONNEMENT, Hexagon Energy, Mtech Group, Bidgely. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Citron and Avnos are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Citron, https://bouncewatch.com/company/citron, updated 24 October 2024. When citing, please name BounceWatch and link this page.

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