BetterCloud
AcquiredNew York, US · Founded 2012 · Delaware corporation · 138 employees on LinkedIn · 9 known investors
BetterCloud is a SaaS management platform for IT teams that automates user lifecycle processes, access management, and security policies across multiple SaaS applications. The platform enables customers to reduce manual SaaS management work while maintaining centralized data protection and threat prevention.
Also known as BetterCloud, Inc.
Founders & leadership
BetterCloud was founded in 2012 by David Politis.

Board
Investors · 9
Reported raises · per SEC filings
Form D private placements$168.6M disclosed across 5 rounds · 2014–2020
▶$75MraisedMay 2020 · 21 investors · Other TechnologyRule 506(b)
- Rixson Bartley HackingExecutive Officer
- Enrique SalemDirector
- David PolitisExecutive Officer, Director
- David AronoffDirector
- Arun MathewDirector
- Jonathan HalletExecutive Officer, Director
- Brian ChangDirector
- Offering amount
- $75M
- Amount sold
- $75M
- First sale
- May 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$59.9MraisedApr 2018 · 18 investors · Other TechnologyRule 506(b)
- David PolitisExecutive Officer, Director
- Arun MathewDirector
- David AronoffDirector
- Jonathan T HallettExecutive Officer, Director
- Enrique SalemDirector
- Offering amount
- $59.9M
- Amount sold
- $59.9M
- First sale
- Mar 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$76.8KraisedJan 2016 · 1 investors · Other TechnologyRule 506(b)
- Bart HackingExecutive Officer
- David AronoffDirector
- Michael R CoteDirector
- David PolitisExecutive Officer, Director
- Jonathan T HallettExecutive Officer, Director
- Offering amount
- $76.8K
- Amount sold
- $76.8K
- First sale
- Jan 2016
- Incorporated
- Corporation, Delaware, 2012
- Federal exemptions
- 06b
▶$25MraisedMar 2015 · 21 investors · OtherRule 506(b)
- David PolitisExecutive Officer, Director, Promoter
- David AranoffDirector
- Jonathan T. HallettExecutive Officer, Director
- Michael CoteDirector
- Bart HackingExecutive Officer
- Offering amount
- $25M
- Amount sold
- $25M
- First sale
- Mar 2015
- Incorporated
- Corporation, Delaware, 2012
- Federal exemptions
- 06b
▶$8.6MraisedMay 2014 · 14 investors · Other TechnologyRule 506(b)
- David PolitisExecutive Officer, Director
- Bart HackingExecutive Officer
- David AronoffDirector
- Jonathan T HallettExecutive Officer, Director
- Offering amount
- $8.6M
- Amount sold
- $8.6M
- Minimum investment
- $574
- First sale
- Apr 2014
- Incorporated
- Corporation, Delaware, 2012
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026BetterCloud is an independent software vendor headquartered in New York City with engineering offices in Atlanta, Georgia, that builds unified SaaS management software [4]. The platform gives IT teams a single workspace to discover, automate, and govern SaaS applications, users, spend, and, more recently, AI agents. Core capabilities include a no-code drag-and-drop workflow builder for onboarding, offboarding, and mid-lifecycle user changes; SaaS application access and entitlement management; file/content governance and scanning for policy violations; granular user roles and permissions; and license reclamation, renewal management, spend benchmarking, and shadow IT discovery [0][2][3]. The company states the platform can eliminate up to 78% of SaaS management work and ships with more than 100 integrations and 1,000+ out-of-the-box actions, with support for custom integrations [2][3].
More recent product work centers on an "IT Agent" that allows IT staff to query their SaaS environment and initiate actions in natural language. The agent is described as human-in-the-loop, requiring explicit approval before any action executes, supporting rollback of multi-step actions, running multiple agents in parallel with separate task contexts, and maintaining persistent chat history for audit and review; initial focus is on Google Workspace [0][3].
BetterCloud originated as a Google Apps management tool. Its first product, DomainWatch, was a security tool for Google Docs, Google Sites, and Google Calendar, followed by FlashPanel, which was rebranded in February 2015 as BetterCloud for Google Apps alongside a beta product for Microsoft Office 365. In December 2016 the company completed a pivot from G Suite to general SaaS management, and by September 2018 supported connections to G Suite, Atlassian, Box, Dropbox, Namely, Office 365, Okta, Salesforce, Slack, and Zendesk [4]. The company also coined and promoted the "SaaSOps" category [5].
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Competitors · 10
by search overlapCompanies competing with BetterCloud for the same Google search keywords, organic and paid, via search-intersection analysis.
Legal entities · 1
corporate structureIn the news
▸Research sources · 8
primary sources listed
- BetterCloudbettercloud.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does BetterCloud do?
- BetterCloud is a SaaS management platform for IT teams, acquired by cloud-governance vendor CoreStack in March 2026.
- Who founded BetterCloud?
- BetterCloud was founded by David Politis in 2012.
- Who are BetterCloud's investors?
- BetterCloud's investors include Accel, BLH Venture Partners, LLC, Flybridge Capital Partners, Greycroft, Millennium Technology Value Partners, Tribeca Venture Partners, Bain Capital Ventures, Greycroft Partners and 1 more.
- How much funding has BetterCloud raised?
- BetterCloud has disclosed $168.6M raised across 5 rounds.
- Where is BetterCloud headquartered?
- BetterCloud is headquartered in New York, US.






