Asset Manager

Updated:

Calero Software

Calero Software is a provider of telecom expense management and SaaS optimization platforms, helping enterprises control communications costs.

Calero Software

Calero Software, headquartered in Rochester, New York, was founded with a focus on telecom expense management (TEM) and later expanded into software asset management and SaaS optimization. The firm's platform helps enterprises manage mobile, fixed-line, and cloud communications spending, a niche that has grown as companies adopt more distributed work models (per industry reports). The company offers a suite of tools covering invoice management, usage analytics, contract compliance, and device lifecycle management. Calero serves mid-market to enterprise clients across sectors including healthcare, finance, retail, and government. The platform integrates with major carriers and SaaS providers to automate procurement and cost allocation (per the firm's official communications). Calero maintains a presence in North America, with additional offices in the United Kingdom and possibly Europe. The firm has expanded through acquisitions, including the purchase of TEM competitor MDSL in 2018, which broadened its international footprint (per TEM industry sources, 2018). No recent operational events are publicly documented apart from continued product updates. The firm's total professionals or AUM is not disclosed in public records. Calero's structural differentiation lies in its pure-play focus on telecom and SaaS cost optimization—a specialized vertical within the broader enterprise software market. Unlike large IT asset management suites, Calero focuses narrowly on communications expenses, enabling deeper integrations with telecom carriers and more granular invoice auditing. This specialization has allowed it to survive alongside larger players like ServiceNow and Snow Software.

Website
calero.com

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Rochester

Corporate office

Rochester, NY, United States

Sector focus

Enterprise SoftwareTelecom Expense Management

Frequently asked questions

Who owns Calero Software?

Calero Software is privately held, and its ownership structure is not publicly disclosed. The company has been acquired by private equity investors in the past; Clearlake Capital Group acquired a majority stake in 2019 (per Clearlake Capital press release, 2019). Current ownership details are not confirmed.

What does Calero Software's platform do?

Calero provides a cloud-based platform for telecom expense management (TEM) and SaaS optimization. It helps organizations manage invoices, audit usage, optimize contracts, and automate procurement for telecom and cloud services. The platform supports both mobile and fixed-line carriers as well as major SaaS vendors (per the firm's official communications).

Who are Calero's main competitors?

Calero competes with other TEM and SaaS management providers including Tangoe, Spiff, and Rippling's telecom module, as well as broader IT asset management platforms like ServiceNow and Snow Software. Its focus on communications expense management distinguishes it from these broader platforms.

Does Calero have any notable acquisitions or partnerships?

Calero acquired MDSL, a London-based TEM provider, in 2018 to expand its global footprint and service capabilities (per TEM industry sources, 2018). The firm also maintains partnerships with major telecom carriers including Verizon, AT&T, T-Mobile, and Vodafone for automated data integration (per the firm's official communications).

What types of organizations use Calero?

Calero serves mid-market to enterprise clients across multiple sectors. Its customer base spans healthcare systems, financial institutions, retailers, government agencies, and professional services firms. The platform is designed for organizations with thousands of mobile devices or complex telecom vendor networks (per the firm's official communications).

How does Calero generate revenue?

Calero operates on a subscription-based SaaS model, charging clients a recurring fee based on the number of users, devices, or invoices managed. The company also offers professional services for implementation and optimization projects. Pricing is not publicly disclosed, but industry-standard TEM platforms typically charge per invoice or per device per month (per industry benchmarks).

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on asset managers?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

More Rochester Asset Manager profiles