Latka logo

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 to $50M revenue and 500 customers in 2020.

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

Last updated

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 over time$0$13M$25M$38M$50M$63M200420062008201020122014201620182020$0$50MSource: GetLatka.com
YearMilestoneQuote
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$0$0.2$2M$0.4$4M$0.6$6M$0.8$8M$1$10M2004200620082010201220142016Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2016Venture Round$8.2M--

Founder / CEO

Sam Gilliland

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

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

Cherwell-Software (acquired by Ivanti) serves 500 customers.

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, including 58 sales reps that carry a quota. It serves 500 customers that rely on its 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)

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.

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.

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.

Claim this profile
Cherwell-Software (acquired by Ivanti) Profile (2020)