Fundraising Fox

Thoma Bravo

Private equity

Orlando · Series B–Late Stage · 9 people tracked

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Investment thesis

Thoma Bravo invests in software companies across the enterprise space, with a focus on acquisition and value creation in the software sector. The firm leverages its operational expertise to scale portfolio companies and build multi-product platforms that serve various industries including construction, fitness, payments, and compliance.

Source: firm website, verified Jul 21, 2026.

Stage
Series B–Late Stage
HQ
Orlando, US
Instruments
Equity
AUM
$182.9B
Tracked investments
10

Team · 9 people

from the firm's website
Carl D. Thoma· Founder and Managing Partner
Orlando Bravo· Founder and Managing Partner
A.J. Rohde· Senior Partner
Holden Spaht· Managing Partner
Lee M. Mitchell· Managing Partner
Scott Crabill· Managing Partner
Seth Boro· Managing Partner
Abby Farr· Vice President, Communications and Marketing
Jennifer James· Managing Director, Chief Operating Officer and Head of Investor Relations and Marketing

What they invest in

from 9 of 10 portfolio companies

Enterprise Software ×7SaaS ×5AI & Machine Learning ×4Cloud Computing ×3Data & Infrastructure ×3Fintech ×2Gaming ×1Healthtech ×1

HQs:United States×3

Investments · 10 tracked

founders shown can be your intro path
Aiseraaisera.comin𝕏✓ verified

Aisera develops agentic AI systems for enterprises that proactively anticipate needs and solve repetitive tasks, freeing teams to focus on strategic decisions and complex problem-solving. The company serves enterprise customers across industries globally.

AI & Machine LearningEnterprise SoftwareSaaSSanta Clara, US

Abhi Maheshwari(Chief Executive Officer)Jared Lucas(Chief People Officer)Dejan Deklich(Chief Development Officer)Rahul Guha(VP of Product Management)

Implyimply.io✓ verified

Imply provides a commercial platform built around Apache Druid, an open-source database designed for real-time analytics on large datasets. The company serves enterprises and organizations requiring high-performance data analysis and visualization capabilities.

Cloud ComputingData & InfrastructureEnterprise SoftwareSaaS

Apache Druid original creatorsFangjin Yang(Co-Founder and Chief Executive Officer)Gian Merlino(Co-Founder and Chief Technology Officer)Vadim Ogievetsky(Co-Founder and Chief Experience Officer)

Almamyalmafi.comin𝕏

A mobile banking application that incorporates game-like mechanics and offers users the chance to win prizes, including a $1 million jackpot distributed weekly.

FintechGamingSeattle, US

Agni Bhattacharya(Founder)inAllison Bellows(Founder)in

Almahelloalma.com

Alma provides practice management and insurance billing software solutions for behavioral health providers, helping them manage sessions and payments. The platform targets independent and group mental health clinics through streamlined insured client billing.

HealthtechMental HealthSaaSSan Francisco, US

Anchorcoupa.comin𝕏

Coupa provides an AI-native platform for business spend management, covering procurement, finance, and supply chain operations for enterprises. The platform leverages data from over 10 million buyers and sellers globally to deliver intelligent insights and autonomous spend management capabilities.

AI & Machine LearningEnterprise SoftwareFintechSaaS<UNKNOWN>

Epturaeptura.com

Eptura provides an integrated platform for workplace and asset management, serving facility teams, real estate managers, and enterprise operations. The platform combines workplace experience scheduling, enterprise asset management, space operations, visitor management, and real estate portfolio optimization tools.

Enterprise SoftwarePropTech

Flexeraflexera.com

Flexera provides a unified platform for technology visibility and management across AI, SaaS, cloud, and IT assets, helping enterprises optimize spend, reduce risk, and govern their technology environments. The platform serves large enterprises needing consolidated management of their hybrid IT portfolios including AI cost management, FinOps, SaaS management, and IT asset management.

Cloud ComputingEnterprise SoftwareSaaS

Qlikqlik.com

Qlik provides data integration and AI-powered analytics platforms designed to help organizations prepare data for artificial intelligence and drive business decisions through data-driven insights.

AI & Machine LearningData & InfrastructureEnterprise Software

Starburststarburst.io

Starburst provides a data analytics platform built on Trino that allows organizations to query and analyze data across distributed sources and cloud environments with built-in governance, security controls, and query optimization. The company serves enterprises requiring production-grade data lake analytics with strong security and operational compliance.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise Software

Justin Borgman(Founder & CEO)Kamil Bajda-Pawlikowski(Co-founder)Martin Traverso(Chief Technology Officer)

UNKNOWN

Frequently asked questions

What stage does Thoma Bravo invest at?
Thoma Bravo invests at the Series B, Series C, Late Stage stages.
What sectors does Thoma Bravo focus on?
Thoma Bravo focuses on Enterprise Software, SaaS, Sector Agnostic.
Where is Thoma Bravo located?
Thoma Bravo is headquartered in Orlando, US.

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