
BetterCloud
Valuation
$210M
2024 Revenue
$67M
Customers
2.5K
Funding
$186.9M
YOY
19%
Avg ACV
$26.8K
Team
199
Founded
2011
How BetterCloud CEO David Politis grew BetterCloud to $67M revenue and 2.5K customers in 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 | Quote |
|---|---|---|
| 2024 | BetterCloud Hit $67m revenue in October 2024 | |
| 2023 | BetterCloud Hit $56.3m revenue in November 2023 | |
| 2022 | BetterCloud Hit $69.5m revenue in January 2022 | |
| 2021 | BetterCloud Hit $60.5m revenue in January 2021 | |
| 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 | Quote |
|---|---|---|---|---|---|
| 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 | - | - |
BetterCloud Employees & Team Size
BetterCloud employs approximately 199 people as of 2026, down from 276 in 2023.
BetterCloud has 199 total employees in different roles and functions and 33 sales reps that carry a quota. They have 2.5K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 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) |
Founder / CEO
David Politis
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
See how BetterCloud acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
Frequently Asked Questions about BetterCloud
What is BetterCloud's revenue?
BetterCloud generates $67M in revenue.
Who is the CEO of BetterCloud?
The CEO of BetterCloud is David Politis.
How much funding does BetterCloud have?
BetterCloud raised $186.9M.
How many employees does BetterCloud have?
BetterCloud has 199 employees.
Where is BetterCloud headquarters?
BetterCloud is headquartered in New York, New York, United States.
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Compare BetterCloud to the industry
BetterCloud operates across multiple industries. Browse revenue, funding, and growth data for BetterCloud in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .
Data Disclaimer
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