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BetterCloud

New York, NY Software Acquired

BetterCloud is the market leader for SaaS Operations, enabling IT professionals to transform employee experience, maximize operational efficiency, and centralize data protection. The platform automates onboarding, offboarding, and mid-lifecycle changes, manages SaaS application access and entitlements, and enforces security policies across multi-SaaS environments.

Acquired

BetterCloud has been acquired

Acquired by Vista Equity Partners June 9, 2022

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2011

Employees

201–500

Total Funding

$173.2M

7 rounds

Latest Valuation

$0.27B

June 9, 2022

Funding

Total raised $173.2M across 7 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series E

Date

April 2018

Amount

$60M

Valuation

$0.27B

Lead Investors

Bain Capital Ventures
DateRoundAmount RaisedValuationLead Investors
June 9, 2022 Series G / Growth investment Not disclosed Vista Equity Partners
May 20, 2020 Series F $75M Warburg Pincus
April 2018 Series E $60M $0.27B Bain Capital Ventures

Prominent Investors

Vista Equity Partners Accel baincapitalventures.com Warburg Pincus Vista Equity Partners Accel Bain Capital Ventures Warburg Pincus

Leadership

  • Jesse Levin

    Chief Executive Officer

  • David Politis

    Executive Chairman & Founder

    LinkedIn

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Okta

    Identity and access management platform with 19,000+ integrations. Market leader in IAM but with limited SaaS data control, shadow app discovery, and spend management.

  • JumpCloud

    Identity provider and device management (MDM) solution replacing Active Directory. All-in-one approach for mid-market and MSPs.

  • Zluri

    SaaS management platform competing in the SaaS ops space with advanced discovery and compliance capabilities.

  • Torii

    Distributed SaaS management platform using multi-layered discovery engine for shadow IT identification and SaaS operations.

  • Cisco Duo

    Zero trust security and authentication platform with SaaS application access controls.

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