United States · Funded startup

Who invested in Cherwell Software

4 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

SoftwareCustomer Experience

Funding summaryUpdated 26 Oct 2026

$250Mraised across 4 rounds since 2012, from 4 sources

$25MVenture$3.2MVenture$50MRound$172MRound
Latest round
Round, $172MApr 2018
Step-upi
3.4×
Investors
2
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

201320142015201620172018
$25MVenture$3.2MVenture$50MRound$172MRound
First round
Venture, $25M
Nov 2012
Biggest round
$172M
Round · Apr 2018
Usual gap between rounds
23 months
the median of 3

The rounds

  1. Apr 2018
    Round$172M1 returning

    Reported by FinSMEsSEC filing: $29M sold, first sale Feb 2015

  2. Feb 2017
    Round$50M1 new

    Reported by FinSMEsSEC filing: $19M sold, first sale Feb 2015

  3. Apr 2015
    Venture$3.2M

    No investor was named in the report.

    From a historical funding recordSEC filing: $3.2M sold, first sale Feb 2015

  4. Nov 2012
    Venture$25M1 new

    Reported by sg.finance.yahoo.com

Founders and team

From Cherwell Software's own website and the SEC filings it signed: 18 on the team.

  • Garrett (Gary) K. GoldenChief Financial Officer and Executive Vice Presidenti
  • Michael (Sam) G. GillilandChief Executive Officer, Member of the Board of Managers.i
  • Robert HansonChief Technology Officer
  • Andre K. CueninChief Revenue Officeri
  • Jean Alison PatrickChief Transformation Officeri
  • Scott K. GaineyChief Marketing Officeri
  • Steve K. RoddaChief Operating Officeri
  • Nithin P.Sales Engineer
  • Paul HigdonSenior Director of Enterprise Applications
  • Andrew HarmanMember of the Board of Managersi
  • Arlen G. FeldmanMember of the Board of Managers.i
  • Dave G. WelshNon-Executive Chairman, Member of the Board of Managersi
  • Jaye Alison AlfersGeneral Counsel and Assistant Secretaryi
  • John G. SpiliotisMember of the Board of Managers.i
  • Kevin Alison MorganControlleri
  • Rob G. SalvagnoMember of the Board of Managers.i
  • Timothy G. PfeiferOf Counsel, Secretary and Member of the Board of Managersi
  • Vance BrownMember of the Board of Managers. The Members of the Board of Managers function like Directors.i

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Venture2012Venture2015Round2017Round2018KKRInsight Partners

Everyone who backed them

KKRVC firm2rounds
Insight PartnersVC firm1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Cherwell Software

Who invested in Cherwell Software?

Cherwell Software's investors include KKR and Insight Partners.

How much has Cherwell Software raised?

Cherwell Software has raised $250M across 4 rounds since 2012.

When did Cherwell Software last raise?

Cherwell Software's most recent round was an Undisclosed round of $172M in Apr 2018.

What was Cherwell Software's biggest round?

Its most recent round, $172M in Apr 2018, is also its largest on record.

Who backed Cherwell Software first?

Cherwell Software's first round on record, in Nov 2012, was backed by Insight Partners.

What stage is Cherwell Software at?

Cherwell Software's latest named round is an Undisclosed round, in Apr 2018.

Where is Cherwell Software based?

Cherwell Software is based in the United States.

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