Valuation
$210M
2024 Revenue
$67M(Est.)
Customers
2.5K
Funding
$186.9M
Avg ACV
$26.8K
Team
199
Founded
2011
BetterCloud Revenue, Valuation & Funding (2024)
BetterCloud is the first SaaS Operations Management platform, empowering IT to define, remediate, and enforce management and security policies for SaaS applications. Over 2,500 customers in 60+ countries rely on BetterCloud for continuous event monitoring, quickly remediating threats, and fully automating policy enforcement. BetterCloud is headquartered in New York City with an engineering office in Atlanta, GA., BetterCloud is the first SaaS Operations Management platform, empowering IT to define, remediate, and enforce policies for SaaS applications.
Last updated
BetterCloud Revenue
In 2024, BetterCloud's revenue reached $67M. The company previously reported $56.3M in 2023. Since its launch in 2011, BetterCloud has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | BetterCloud Hit $67m revenue in October 2024 | Estimated |
| 2023 | BetterCloud Hit $56.3m revenue in November 2023 | Estimated |
| 2022 | BetterCloud Hit $69.5m revenue in January 2022 | Estimated |
| 2021 | BetterCloud Hit $60.5m revenue in January 2021 | Estimated |
| 2020 | BetterCloud Hit $50m revenue in August 2020 | |
| 2011 | Launched with $0 revenue |
BetterCloud Valuation, Funding Rounds
BetterCloud reached a $210M valuation in 2018, set during its Series E round.
BetterCloud has raised $186.9M in total funding across 8 rounds, most recently a $75M Series F round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Series F | $75M | - | - | |
| 2019 | Corporate Round | $5M | - | - | |
| 2018 | Series E | $60M | $210M | 29% | |
| 2016 | Series D | $25M | $135M | 19% | |
| 2014 | Series C | $8.6M | - | - | |
| 2013 | Series B | $6M | - | - | |
| 2013 | Series A | $5.1M | - | - | |
| 2012 | Seed Round | $2.2M | - | - |
Founders
David Politis
CEO
Before founding BetterCloud, David was an early employee of Cloud Sherpas (acquired by Accenture), a preeminent leader in cloud advisory and technology services. As the VP of SMB Solutions, David led Cloud Sherpas to become the leading cloud services partner to small and medium sized businesses worldwide.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
BetterCloud serves 2.5K customers.
BetterCloud Employees & Team Size
BetterCloud employs approximately 199 people as of 2026, down from 276 in 2023, including 33 sales reps that carry a quota. It serves 2.5K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 199 employees (December 2024) | |
| 2024 | Reached 207 employees (October 2024) | |
| 2023 | Reached 276 employees (November 2023) | |
| 2023 | Reached 303 employees (September 2023) | |
| 2023 | Reached 303 employees (September 2023) | |
| 2023 | Reached 303 employees (September 2023) | |
| 2023 | Reached 309 employees (January 2023) | |
| 2022 | Reached 375 employees (June 2022) | |
| 2022 | Reached 370 employees (January 2022) | |
| 2021 | Reached 339 employees (August 2021) | |
| 2020 | Reached 282 employees (December 2020) | |
| 2020 | Reached 280 employees (August 2020) | |
| 2020 | Reached 340 employees (June 2020) | |
| 2019 | Reached 324 employees (December 2019) | |
| 2018 | Reached 222 employees (December 2018) |
Frequently Asked Questions about BetterCloud
What is BetterCloud's revenue?
BetterCloud generates an estimated $67M in annual revenue.
Who is the CEO of BetterCloud?
The CEO of BetterCloud is David Politis.
How much funding does BetterCloud have?
BetterCloud raised $186.9M across 8 rounds.
How many employees does BetterCloud have?
BetterCloud has 199 employees.
Where is BetterCloud headquarters?
BetterCloud is headquartered in New York, New York, United States.
Compare BetterCloud to the industry
BetterCloud operates across multiple industries. Browse revenue, funding, and growth data for BetterCloud in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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