From bootstrapped to billions: How Nord spent ‘hundreds of millions’ minting VPN customers to become Lithuania’s tech darling

Quick Summary:

Nord has seen remarkable growth offering a niche, sometimes controversial service—VPN.

It has big ambitions for a future, which may or may not need an IPO.

That’s just one of the many ways the company spends to get new customers on board as online threats continue to loom.“We spend hundreds of millions of dollars for our customer acquisition, and it works.

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Article Details

Author / Journalist: Prarthana Prakash

Category: EconomyBusiness

Markets: United StatesLithuania

Topics: Unicorns Featured LondonReups Europe Tech industry Eastern Europe Editor's Picks VPNs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 05:47:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 804 words

Reading Time: 5 minutes read

Sentences: 4 lines

Sentence Length: 201 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28294307

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 33 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #95

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