# Cherwell Software funding: rounds and investors

> Cherwell Software has raised $250M across 4 rounds since 2012. Investors include KKR and Insight Partners. Every round with its source.

Source: https://millionrounds.com/company/cherwell-software (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# 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.

Software Customer Experience

Funding summary Updated 26 Oct 2026

**$250M** raised across 4 rounds since 2012, from 4 sources

**$25M** Venture **$3.2M** Venture **$50M** Round **$172M** Round

- **Latest round:** Round, $172M Apr 2018
- **Step-up i:** 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.

2013 2014 2015 2016 2017 2018

**$25M** Venture

**$3.2M** Venture

**$50M** Round

**$172M** Round

- **First round:** Venture, $25M
- **Biggest round:** $172M
- **Usual gap between rounds:** 23 months

## The rounds

- **Apr 2018** Round **$172M** *1 returning* [KKR](https://millionrounds.com/fund/kkr) Reported by FinSMEs SEC filing: $29M sold, first sale Feb 2015
- **Feb 2017** Round **$50M** *1 new* [KKR](https://millionrounds.com/fund/kkr) Reported by FinSMEs SEC filing: $19M sold, first sale Feb 2015
- **Apr 2015** Venture **$3.2M** No investor was named in the report. From a historical funding record SEC filing: $3.2M sold, first sale Feb 2015
- **Nov 2012** Venture **$25M** *1 new* [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) 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. Golden** Chief Financial Officer and Executive Vice President i
- **Michael (Sam) G. Gilliland** Chief Executive Officer, Member of the Board of Managers. i
- **Robert Hanson** Chief Technology Officer
- **Andre K. Cuenin** Chief Revenue Officer i
- **Jean Alison Patrick** Chief Transformation Officer i
- **Scott K. Gainey** Chief Marketing Officer i
- **Steve K. Rodda** Chief Operating Officer i
- **Nithin P.** Sales Engineer
- **Paul Higdon** Senior Director of Enterprise Applications
- **Andrew Harman** Member of the Board of Managers i
- **Arlen G. Feldman** Member of the Board of Managers. i
- **Dave G. Welsh** Non-Executive Chairman, Member of the Board of Managers i
- **Jaye Alison Alfers** General Counsel and Assistant Secretary i
- **John G. Spiliotis** Member of the Board of Managers. i
- **Kevin Alison Morgan** Controller i
- **Rob G. Salvagno** Member of the Board of Managers. i
- **Timothy G. Pfeifer** Of Counsel, Secretary and Member of the Board of Managers i
- **Vance Brown** Member 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.

**Venture** 2012 **Venture** 2015 **Round** 2017 **Round** 2018 [KKR](https://millionrounds.com/fund/kkr) [Insight Partners](https://millionrounds.com/fund/insight-venture-partners)

## Everyone who backed them

[KKR](https://millionrounds.com/fund/kkr) VC firm **2** rounds

[Insight Partners](https://millionrounds.com/fund/insight-venture-partners) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cherwell-software).

## 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.

## Companies like Cherwell Software

In the same sector, and raised in the last eighteen months.

[**TruAgents** $3.4M · Oct 2026](https://millionrounds.com/company/truagents)[**Fireworks AI** $1.7B · Oct 2026](https://millionrounds.com/company/fireworks-ai)[**VECKTA** $11M · Oct 2026](https://millionrounds.com/company/veckta)[**Punch** $11M · Oct 2026](https://millionrounds.com/company/punch)[**Othello** $8.0M · Oct 2026](https://millionrounds.com/company/othello)[**Tamr** $90M · Oct 2026](https://millionrounds.com/company/tamr)

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