BetterCloud revenue hit $56.3M in 2024

BetterCloud generates revenue from 2500 customers

BetterCloud

333-7th Avenue, New York, New York, 10001, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How BetterCloud hit $56.3M revenue and 2.5K customers in 2023.

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.

Founded

2011

Founded

Revenue

$56.3M

2023 Revenue

YOY

-19%

YOY

Funding

$186.9M

Funding

BetterCloud Revenue

In 2023, BetterCloud revenue run rate hit $56.3M in revenue.

  • 2023

    BetterCloud hit $56.3M in revenue in 2023

  • 2022

    BetterCloud hit $69.5M in revenue in 2022

  • 2021

    BetterCloud hit $60.5M in revenue in 2021

  • 2020

    BetterCloud hit $50M in revenue in 2020

  • 2011

    BetterCloud launched in 2011 with $0 revenue

BetterCloud Funding History

  • 2022 Private Equity Round

    BetterCloud raised a Private Equity Round of in June, 2022

  • 2020 Series F

    BetterCloud raised a Series F of in May, 2020

  • 2019 Corporate Round

    BetterCloud raised a Corporate Round of in September, 2019

  • 2018 Series E

    BetterCloud raised a Series E of in April, 2018

  • 2016 Series D

    BetterCloud raised a Series D of in March, 2016

  • 2014 Series C

    BetterCloud raised a Series C of in May, 2014

  • 2013 Series B

    BetterCloud raised a Series B of in September, 2013

  • 2013 Series A

    BetterCloud raised a Series A of in January, 2013

  • 2012 Seed Round

    BetterCloud raised a Seed Round of in May, 2012

FUNDING DATE ROUND AMOUNT VALUATION
June, 09 2022 Private Equity Round
May, 12 2020 Series F
September, 25 2019 Corporate Round
April, 05 2018 Series E
March, 25 2016 Series D
May, 14 2014 Series C
September, 25 2013 Series B
January, 12 2013 Series A
May, 10 2012 Seed Round

Team

BetterCloud has 276 total employees and 33 sales reps that carry a quota. They have 2,500 customers an engineering team of 123 and a marketing team of 14.

DISTRIBUTION QTY
Total team size 276
Engineer 123 (45%)
Sales 33 (12%)
Marketing 14 (5%)

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

  • What's your age?

    -

  • Favorite online tool?

    -

  • Favorite book?

    -

  • Favorite CEO?

    -

  • Advice for 20 year old self

    -

Customers

Churn

BetterCloud Executives

Name Position Working Email Personal Email
David Politis CEO [email protected] -

BetterCloud Employees

Name Position Working Email Personal Email
David Politis CEO [email protected] -

Frequently Asked Questions about BetterCloud

  • When was BetterCloud founded?

    BetterCloud was founded in 2011.

  • How much revenue does BetterCloud generate?

    BetterCloud generates $56.3M 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 276 employees.

  • Where is BetterCloud headquarters?

    BetterCloud is headquartered at 333-7th Avenue, New York, New York, 10001, United States

People Also Viewed

Nasuni

Provider of an enterprise cloud storage and file sharing platform designed to solve the file data growth challenge for enterprise customers. The company's platform integrates and surpasses the capabilities of traditional Network Attached Storage (NAS), backup, archive, remote office replication, disaster recovery and mobile file access tools and provides a modern, infinitely scalable way to store, protect, access and manage file data, enabling enterprises to meet global growth, workforce productivity and cloud-first objectives, while also realizing massive IT cost savings.

Fruitstreet

Join live online classes with world class registered dietitians and use a Fitbit, wireless scale, and our mobile app to improve your health and lose weight.

Industry

Provider of a social platform intended to offer professional networking services in the hospitality sector. The company's platform offers an online hub where individuals can search for and connect with co-workers, friends and mentors in the hospitality industry, enabling users to share hospitality specific content to establish themselves as a thought leader or use the industry newsfeed to learn new skills.

Exusia

Developer of enterprise-scale data management solutions intended to deliver end-to-end data management offerings. The company offers program management, data governance, technology consulting, business process optimization and management consulting, enabling clients to grow revenue and optimize costs through the use of data, analytics and complex event processing.

Lendio

Provider of an online loan service for small scale enterprises. The company offers a platform for connecting small business owners with active banks, credit unions and other lending sources.

Pigment

Pigment is a business forecasting platform.