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BetterCloud Analysis

What is BetterCloud?

BetterCloud is a SaaS management platform designed for IT teams to streamline operations. It uniquely combines user lifecycle management, spend optimization, and file governance in one tool. This integration helps organizations cut costs, automate processes, and enhance security across their SaaS applications.

HQ Country
New York City, United States
Employees
201-500
Founded
2011
Industry
SaaS, Hrtech, Cloud Infrastructure

Product Features & Capabilities

  • User automation with no-code workflow builder
  • Spend optimization for SaaS licenses and renewals
  • File governance for compliance and security
  • Integration with over 100 SaaS applications
  • Dynamic workflow decisioning for onboarding and offboarding.

How much BetterCloud raised

Seed - N/A

May 10, 2012

Series A - N/A

Jan 12, 2013
Lead Investor: Flybridge

Series B - N/A

Sep 25, 2013
Lead Investor: Flybridge

Series C - N/A

May 16, 2014

Series D - N/A

Mar 26, 2015
Lead Investor: Accel

Series E - N/A

Apr 5, 2018
Lead Investor: Bain Capital Ventures

Corporate Round - N/A

Sep 25, 2019
Lead Investor: Dropbox

Series F - N/A

May 20, 2020
Lead Investor: Warburg Pincus

Secondary Market - N/A

Apr 21, 2021

Secondary Market - N/A

Mar 10, 2022

Financial Overview

Seed
May 10, 2012
Series A
Jan 12, 2013
Investors: Flybridge
Series B
Sep 25, 2013
Investors: Flybridge
Series C
May 16, 2014
Series D
Mar 26, 2015
Investors: Accel
Series E
Apr 5, 2018
Investors: Bain Capital Ventures
Corporate Round
Sep 25, 2019
Investors: Dropbox
Series F
May 20, 2020
Investors: Warburg Pincus
Secondary Market
Apr 21, 2021
Secondary Market
Mar 10, 2022
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