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    Developers

    2,259+ AI companies

    • Radar
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    1. Home
    2. Developers
    3. Flexera

    Flexera

    Flexera is on a mission to maximize the value of technology investments through best-in-class IT asset management, FinOps, SaaS management, and cloud cost optimization solutions.

    Visit Website

    At a Glance

    1Tool Listed
    4Products
    7Capabilities
    Discussions
    Itasca, ILHeadquarters
    1987Est.
    2KEmployees
    $1.9BRaised
    Focus Areas
    Compute Optimization
    Cloud Management
    3D and Animation
    Connect
    Latest News
    Flexera acquires ProsperOps and Chaos Genius to expand FinOps leadershipMar 1, 2026
    Flexera appoints Mike Jerich as President to oversee operations and growthJan 1, 2026
    Markets
    • Fortune 500
    • Large Enterprises
    • Managed Service Providers (MSPs)
    • Cloud-First Organizations

    AI Tools by Flexera

    (1)
    View Spot by Flexera
    Spot by Flexera tool icon

    Spot by Flexera

    Cloud Cost Optimization Tool

    Compute Opt.Cloud Management3D and Animation

    Discussions

    No discussions yet

    Be the first to start a discussion about Flexera

    Latest News

    03/01/2026

    Flexera acquires ProsperOps and Chaos Genius to expand FinOps leadership

    Flexera Press Center
    01/01/2026

    Flexera appoints Mike Jerich as President to oversee operations and growth

    PR Newswire
    03/01/2026

    Flexera achieves 5-star honors in 2026 CRN Partner Program Guide

    Flexera Newsroom
    02/01/2024

    Flexera completes acquisition of Snow Software

    Thoma Bravo Press

    Products & Services

    4
    Flexera One
    2021

    A comprehensive SaaS platform that provides IT visibility, IT asset management, FinOps, and cloud cost optimization.

    Snow Atlas
    N/A

    A cloud-native platform for technology intelligence, acquired through the Snow Software merger.

    InstallShield
    1987

    The world's leading software installation tool for Windows desktop, server, and cloud applications.

    Revenera
    N/A

    A division of Flexera providing software composition analysis, monetization, and installation for software suppliers.

    Market Position

    Flexera is positioned as a leader in Technology Value Optimization, uniquely bridging the gap between ITAM and FinOps with its hybrid cloud capabilities.

    Leadership

    Founders

    VB

    Viresh Bhatia

    Co-founded InstallShield in 1987; grew it from a two-person startup to a global leader in software deployment.

    RH

    Rick Harold

    Co-founded InstallShield in 1987; co-developed the initial software installation products that became industry standards.

    Executive Team

    JR

    Jim Ryan

    Chief Executive Officer

    CEO since 2016; previously President and COO; over 20 years at Flexera/Macrovision.

    MJ

    Mike Jerich

    President

    Joined in 2026; formerly CEO of HungerRush and CRO of ServiceChannel; over 25 years in enterprise tech.

    Board of Directors

    JS
    John Shackleton
    Chairman of the Board; Former CEO of OpenText
    AR
    A.J. Rohde
    Senior Managing Director at Thoma Bravo
    SB
    Seth Boro
    Managing Partner at Thoma Bravo

    Founding Story

    Flexera began in 1987 as The Stirling Group (later InstallShield) when founders Viresh Bhatia and Rick Harold identified a critical inefficiency in how PC software was distributed and installed, leading them to create the first Windows software installation tools.

    Business Model

    Revenue
    Approximately $221.4M ARR reported in 2025; Snow Software acquisition added $100M+ ARR.

    Revenue Model

    Primarily a subscription-based (SaaS) model with additional revenue from perpetual licenses and support services.

    Pricing Tiers

    Flexera One
    Enterprise pricing

    Custom quotes based on nodes, users, or cloud spend managed.

    Snow Atlas
    Enterprise pricing

    Subscription-based model for technology intelligence.

    Private (Majority owned by Thoma Bravo)

    Target Markets

    Industries & Segments
    • Fortune 500
    • Large Enterprises
    • Managed Service Providers (MSPs)
    • Cloud-First Organizations
    Use Cases
    • Optimizing cloud spend and reducing wasted IT costs
    • Managing hybrid and multi-cloud environments (AWS, Azure, GCP)
    • Ensuring software license compliance and audit readiness
    • Improving cybersecurity posture through vulnerability tracking
    Notable Customers
    • Chegg
    • Accruent
    • Flaschenpost
    • Global Insurance Companies

    Quick Facts

    Headquarters
    300 Park Blvd, Suite 500, Itasca, IL 60143
    Founded
    1987
    Entity Type
    LLC
    Employees
    2,029
    Total Funding
    $1.9B - $3B
    Investors
    Thoma Bravo, TA Associates
    Office Locations
    Itasca
    Austin
    Warrington
    Bengaluru
    +2 more

    Funding History

    Majority AcquisitionUndisclosed
    2020-12
    $2,850M valuation
    Thoma Bravo
    Majority AcquisitionUndisclosed
    2011-07
    Undisclosed valuation
    Ontario Teachers' Pension Plan
    Debt Financing$3,000M
    2025-08
    N/A valuation
    N/A

    History & Milestones

    2026

    Acquisition of FinOps automation platforms ProsperOps and Chaos Genius

    2024

    Flexera completes the acquisition of Snow Software

    2020

    Thoma Bravo acquires majority interest from TA Associates and OTPP at a $2.85B valuation

    2011

    Ontario Teachers' Pension Plan (OTPP) acquires a majority stake

    2009

    Acresso Software renamed to Flexera Software

    Key Capabilities

    7
    IT Asset Management (ITAM)
    FinOps and Cloud Cost Optimization
    SaaS Management
    Software Asset Management (SAM)
    Vulnerability Management
    License Compliance and Optimization

    Integrations & Partnerships

    Platform Integrations

    • ServiceNow ITBM/ITSM
    • Salesforce
    • Jira
    • AWS Cost Explorer
    • Azure Cost Management

    Key Partnerships

    IBM
    ServiceNow
    AWS

    Connect

    Website
    flexera.com
    LinkedIn
    flexera

    AI Topics

    3

    Flexera focuses on these topics:

    Compute Optimization(1)
    Cloud Management(1)
    3D and Animation(1)
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