BetterCloud

BetterCloud

SaaSOps platform for managing SaaS applications

About

BetterCloud specializes in SaaSOps, focusing on optimizing and securing the digital workplace for organizations that use multiple Software-as-a-Service (SaaS) applications. Its platform offers tools for IT professionals to manage, monitor, and secure these applications, allowing IT departments to maintain control over their digital environments. BetterCloud's services include directory integration, file alerts, workflows, and privilege management, which help automate tasks, enhance security, and ensure compliance with industry standards. Unlike many competitors, BetterCloud provides a comprehensive suite of features tailored to the needs of both small businesses and large enterprises, all through a subscription-based model. The company's goal is to streamline operations for its clients and reduce the complexity of managing various SaaS applications, while continuously updating its platform to meet evolving client needs.

Company Stage

Series F

Employees

51-200

Industries

Enterprise Software, Cybersecurity

Total Funding

$181.7M

Headquarters

New York City, New York

Founded

2011


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Simplify's Take

What believers are saying

  • Growing demand for SaaS management platforms boosts BetterCloud's market potential.
  • Strategic partnership with G2 enhances BetterCloud's market visibility and credibility.
  • New leadership with growth experience could accelerate BetterCloud's market expansion.

What critics are saying

  • Emerging competitors like Lumos could challenge BetterCloud's market position.
  • Economic downturns may reduce IT budgets, affecting BetterCloud's subscription revenue.
  • New executive appointments may lead to strategic shifts disrupting current operations.

What makes BetterCloud unique

  • BetterCloud automates user lifecycle management and data protection for SaaS applications.
  • The platform offers a powerful integration library for seamless SaaS operations.
  • BetterCloud provides 'Zero Touch' SaaS operations in less than two months.

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Growth & Insights
Headcount

6 month growth

-16%

1 year growth

-16%

2 year growth

-16%

Benefits

Health & Wellness: Medical, Dental, and Vision benefits including HSA and FSA, along with Mental Health Days, and dedicated mental health resources through Spring Health

Financial Benefits: 401(K), Quarterly financial wellness support, Stock Options

Time Away: Generous PTO and Wellness Days

Distributed Work: Make your home office your own with a workspace stipend

Family Support: Parental Leave for all families, fertility benefits, and flexible spending account for dependent care

Community: Regular In person and remote events; Employee Resource Groups

New Hire Program: Cross-functional buddy to help you learn the ropes

Reward & Recognition: Monthly, quarterly, and annual awards recognizing employee impact and contributions

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