Asset Manager

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BetterCloud

BetterCloud, headquartered in New York City, was founded in 2011. The company provides security and management solutions for SaaS and cloud applications.

BetterCloud

BetterCloud, headquartered in New York City, was founded in 2011. The company provides security and management solutions for SaaS and cloud applications. It has secured $186.8 million in total funding.

General information

Firm type

Asset Manager

Year founded

2011

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Additional offices

Denver, CO · Atlanta, GA

Principals

Jamie Tisch

CEO

Sector focus

Enterprise SoftwareCybersecurity

Frequently asked questions

Who leads BetterCloud and how is the company governed?

Jamie Tisch serves as CEO, appointed in December 2023. Founder David Politis remains as Chairman. The board includes representatives from Warburg Pincus and Accel, reflecting the company's venture-backed governance structure.

What does BetterCloud's platform actually automate?

BetterCloud automates the full employee lifecycle across SaaS applications — user provisioning, offboarding, license management, file auditing, and security policy enforcement. It integrates with core platforms like Microsoft 365, Google Workspace, Slack, and Zoom to replace manual IT scripts with conditional, event-driven workflows.

How is BetterCloud different from Microsoft's or Google's native admin tools?

BetterCloud is application-agnostic. Where Microsoft's admin center governs only Microsoft 365 and Google Workspace's console covers only Google, BetterCloud manages a cross-platform environment from a single policy engine. This matters for enterprises running both suites alongside best-of-breed apps like Dropbox and Slack, where native tools leave visibility gaps.

Which investors back BetterCloud?

Warburg Pincus led a $75 million Series F round in 2020. Existing backers include Accel, Bain Capital Ventures, Greycroft, and New Amsterdam Growth Capital. The company has raised over $180 million in venture funding since inception.

Does BetterCloud sell directly to IT teams or through channel partners?

BetterCloud sells primarily through a direct inside-sales motion to mid-market and enterprise IT leaders, with an increasing focus on channel partnerships given founder David Politis's background in the Google Apps reseller ecosystem. The go-to-market model emphasizes demonstrating time-saved-on-manual-tasks as the core ROI metric.

What acquisitions has BetterCloud made?

BetterCloud acquired Tricent, a file auditing and sharing risk company, in 2021. The deal deepened the platform's ability to scan, classify, and remediate permissions across shared drives — an area where IT teams often have limited native visibility.

What stage is BetterCloud as a business?

BetterCloud is a mature growth-stage SaaS company. As of the CEO transition in late 2023 and with substantial venture backing from Warburg Pincus, the firm's focus has shifted from aggressive customer acquisition toward efficient expansion, platform integration, and a path to profitability that positions it for a potential public listing or strategic exit.

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