The clever part was not finding one more signal. It was making hundreds of tools compare notes - and turning the discrepancies into a product security teams could act on.
JumpCloud began by automating access to servers. The bigger business appeared when its founders realized the directory - the dull, indispensable list behind every login - could become the control plane for modern work.
Lumos began by replacing the IT ticket queue with an internal app store. Six years later, it is betting that the next identity administrator will be a coordinated crew of software agents - with humans reserved for the judgment calls.
For nearly five decades, a quiet software company near Stuttgart has been helping big organizations tame the IT sprawl no one else wants to touch - and it just landed a Thoma Bravo backer to do more of it.
Cristina Vila Vives is the founder and CEO of Cledara, a SaaS spend-management platform that gives companies visibility and control over their software subscriptions. After more than a decade running operations teams in the financial industry, she launched Cledara in 2018 to solve a problem she kept seeing firsthand: companies losing money and time to a sprawling, unmanaged stack of software. Cledara now serves over a thousand customers across Europe and the United States, and Forbes has named her among the business leaders changing the world.
Cledara is a software management and spend platform that helps growing companies discover, buy, manage and cancel their SaaS subscriptions from one place. By pairing virtual cards with a system of record for every application, Cledara gives finance and IT teams real-time visibility into software costs and usage, automates invoice collection and accounting, and enforces approval workflows. Founded in 2018 by Cristina Vila Vives and Brad van Leeuwen, it serves 1,000+ customers across 32 countries.
Torii is a SaaS Management Platform (SMP) that helps IT and finance teams discover, optimize, and govern the software running across their organization. Founded in 2016 by three serial entrepreneurs, Torii pioneered a discovery-first approach that surfaces shadow IT - and, more recently, shadow AI - through browser extensions, SSO, direct integrations, and financial data. On top of that visibility it layers spend analytics, license optimization, and no-code automation for tasks like onboarding, offboarding, and renewals. Headquartered in New York with R&D in Israel, Torii counts customers such as Instacart, Bumble, and Palo Alto Networks, and was named a Leader in Gartner's 2025 Magic Quadrant for SaaS Management Platforms.
Uri Haramati is the co-founder and CEO of Torii, a New York-based SaaS management platform that helps IT teams discover, track, and automate the sprawl of software applications inside modern companies. A serial entrepreneur, he previously co-founded Life on Air, the studio behind the viral live-streaming apps Meerkat and Houseparty, and earlier launched the event-discovery app Skedook. He raised a $50M Series B for Torii led by Tiger Global in 2022, bringing total funding to $65M, and describes his lifelong ambition as building 'one software to manage all software.'
Flexera helps large organizations see and control what they actually own and spend across software, SaaS, hardware and cloud. Born in 1987 as the maker of InstallShield, it has grown into a technology value optimization company whose Flexera One platform combines IT asset management, FinOps, SaaS management and IT visibility on top of its proprietary Technopedia data library. More than 50,000 customers, many of them Fortune 500, use Flexera to cut waste, stay license-compliant and turn messy IT estates into decisions.
Chaithanya Yambari is the Co-Founder and CTO of Zluri, a next-generation Identity Governance and Administration (IGA) platform that helps enterprise IT teams discover, manage, secure, and automate their SaaS applications. An engineer from BITS Pilani, he spent nearly a decade rising from software developer to Director of Engineering at gamification startup KNOLSKAPE before co-founding Zluri in 2020 alongside Ritish Reddy and Sethu Meenakshisundaram. Under his technical leadership, Zluri has raised $32M in total funding - including a $20M Series B led by Lightspeed Venture Partners in July 2023 - and now serves 270+ employees and hundreds of enterprise customers worldwide.
Rajiv Ramanan is the Co-Founder and Chief Revenue Officer of Spendflo, an AI-native procurement platform that helps fast-growing companies bring structure, visibility, and control to how they buy and manage software vendors. A Chennai native now based in San Francisco, Rajiv spent years at Freshworks building partner ecosystems and working with over 5,000 vendors before co-founding Spendflo in 2021 alongside Siddharth Sridharan and Ajay Vardhan. Under his GTM leadership, Spendflo has raised $15.9M in total funding, grown to 140 employees, and manages over $100M in SaaS expenditure for customers—delivering an average 23% reduction in software spend.
Ritish Reddy is the Co-Founder and CEO of Zluri, a San Francisco-based enterprise SaaS management and identity governance platform that has raised $32M and earned back-to-back recognition as a Gartner Magic Quadrant Leader. A serial entrepreneur on his third venture, Ritish previously co-founded Cranium Media and was part of the founding team at KNOLSKAPE, where he served as Chief Marketing Officer and Head of Global Partnerships. With an MBA from SP Jain School of Global Management, he brings deep expertise in marketing, partnerships, and scaling enterprise software go-to-market motions across India, APAC, and North America.
Productiv is a SaaS and AI portfolio governance platform that helps enterprise IT teams discover, measure, and right-size every application employees actually use - including the AI tools nobody told them about. Founded in 2018 in Palo Alto, the company has raised $73M and now counts companies like DocuSign, Robinhood and Okta among its customers.
Zluri is a next-gen SaaS Management and Identity Governance platform that helps IT and security teams discover every app and identity inside an enterprise, automate joiner-mover-leaver workflows, and run access reviews without spreadsheets. Founded in 2020 and headquartered in San Francisco with engineering in Bengaluru, it serves 250+ enterprise customers including Monday.com, Tipalti, Whoop, Razorpay, and Traveloka.

Sean D. Murray is the CEO of Productiv, the AI Portfolio Governance platform that gives enterprise IT teams real-time visibility over every SaaS and AI application running in their organization - including the ones nobody approved. A 20-year revenue and sales leadership veteran, Murray spent years building go-to-market engines at CEB (now Gartner), Xactly Corp, SalesLoft, and Greenhouse Software before stepping into the CEO seat at Productiv in April 2024. He now leads a 160-person company backed by IVP, Accel, and Norwest - on a mission to turn shadow AI from an enterprise liability into a managed capability.
Siddharth Sridharan is the Co-Founder and CEO of Spendflo, an AI-native procurement platform that helps fast-growing and enterprise companies manage SaaS vendor relationships and cut software spend. He co-founded Spendflo in 2021 after spotting a universal blind spot: CFOs had no centralized way to track or negotiate SaaS contracts. Backed by $15.9M in funding including a Series A, Spendflo has grown to 140 employees and operates out of San Francisco, promising guaranteed savings on software procurement through a hybrid AI-plus-expert-negotiation model.