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Valuation

$150M

2020 Revenue

$50M

Customers

500

Funding

$8.2M

Avg ACV

$100K

Team

503

Founded

2004

How Cherwell-Software (acquired by Ivanti) CEO Sam Gilliland grew Cherwell-Software (acquired by Ivanti) to $50M revenue and 500 customers in 2020.

Cherwell Software is a privately held American technology company specializing in IT Service Management software.

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Cherwell-Software (acquired by Ivanti) Revenue

In 2020, Cherwell-Software (acquired by Ivanti)'s revenue reached $50M. Since its launch in 2004, Cherwell-Software (acquired by Ivanti) has shown consistent revenue growth.

Cherwell-Software (acquired by Ivanti) Revenue GrowthReported revenue / ARR by year$0$13M$25M$38M$50M$63M200420062008201020122014201620182020$0$50MSource: GetLatka.com
YearMilestone
2020Cherwell-Software (acquired by Ivanti) Hit $50m revenue in August 2020
2004Launched with $0 revenue

Cherwell-Software (acquired by Ivanti) Valuation, Funding Rounds

Cherwell-Software (acquired by Ivanti)'s most recent disclosed valuation is $150M.

Cherwell-Software (acquired by Ivanti) has raised $8.2M in total funding across 1 round, most recently a $8.2M Venture Round round in 2016.

Cherwell-Software (acquired by Ivanti) Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$2M$4M$6M$8M$10M20042006200820102012201420162004 cumulative: $0 • 2004 Founded: $02016 cumulative: $8M • 2004 Founded: $0 • 2016 Venture Round: $8M$8M2004 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2016Venture Round$8.2M--

Cherwell-Software (acquired by Ivanti) Employees & Team Size

Cherwell-Software (acquired by Ivanti) employs approximately 503 people as of 2026, down from 603 in 2019.

Cherwell-Software (acquired by Ivanti) has 503 total employees in different roles and functions and 58 sales reps that carry a quota. They have 500 customers that rely on the company's solutions.

Cherwell-Software (acquired by Ivanti) Team GrowthReported headcount over time015030045060075020042006200820102012201420162018202000503503Source: GetLatka.com
YearMilestone
2020Reached 503 employees (December 2020)
2020Reached 251 employees (August 2020)
2020Reached 554 employees (June 2020)
2019Reached 603 employees (December 2019)
2018Reached 482 employees (December 2018)

Founder / CEO

Sam Gilliland

Sam Gilliland is listed as Founder / CEO at Cherwell-Software (acquired by Ivanti).

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Customers

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Frequently Asked Questions about Cherwell-Software (acquired by Ivanti)

What is Cherwell-Software (acquired by Ivanti)'s revenue?

Cherwell-Software (acquired by Ivanti) generates $50M in revenue.

Who founded Cherwell-Software (acquired by Ivanti)?

Cherwell-Software (acquired by Ivanti) was founded by Sam Gilliland.

Who is the CEO of Cherwell-Software (acquired by Ivanti)?

The CEO of Cherwell-Software (acquired by Ivanti) is Sam Gilliland.

How much funding does Cherwell-Software (acquired by Ivanti) have?

Cherwell-Software (acquired by Ivanti) raised $8.2M.

How many employees does Cherwell-Software (acquired by Ivanti) have?

Cherwell-Software (acquired by Ivanti) has 503 employees.

Where is Cherwell-Software (acquired by Ivanti) headquarters?

Cherwell-Software (acquired by Ivanti) is headquartered in Colorado Springs, Colorado, United States.

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Compare Cherwell-Software (acquired by Ivanti) to the industry

Cherwell-Software (acquired by Ivanti) operates across multiple industries. Browse revenue, funding, and growth data for Cherwell-Software (acquired by Ivanti) 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 .

Cherwell-Software (acquired by Ivanti) Profile (2020)