Nerdio, an automated End-User Computing (EUC) platform transforming how organizations deploy and manage Microsoft cloud technologies, recently announced it has signed a definitive agreement for a $500 million minority investment from General Atlantic with participation from Lead Edge Capital and StepStone. Upon closing the deal, this funding will quadruple Nerdio’s valuation in just two years to $1+ billion.
Companies often waste a lot of money managing complex cloud environments, relying on highly skilled IT talent and outdated tools. This challenge has become increasingly critical as flexible work models become the norm and end-user computing requires increasing sophistication.
Nerdio simplifies Microsoft cloud management, automating routine and complex processes while maximizing existing resources and enabling cost savings. And the platform enables organizations to deliver better digital workspace experiences for employees while eliminating the complexity typically associated with cloud infrastructure—all without requiring specialized technical expertise.
The Nerdio platform serves over 5 million users across 15,000 customers in over 50 countries, including Chevron, Impact Networking, Kraft Heinz, ASDA, Carnival Cruise Line, Willis Towers Watson, and Penn State University.
Nerdio’s record over the past year included:
— Scaling profitably at over 85% year-over-year ARR growth
— Being awarded the 2024 Microsoft Americas Partner of the Year
— Influencing more than $350 million of Microsoft revenue
— Launching 20 product releases, including new Microsoft 365 management capabilities for Nerdio Manager for MSP, broad endpoint management and application delivery enhancements, and AI infused into all products
— Expanding its global presence with new offices in the EMEA and APAC regions
The new funding round will help drive innovation and growth across several strategic areas:
— Accelerating product innovation for the End-User Computing (EUC) market and Managed Service Providers (MSPs), including enhanced Windows 365, Azure Virtual Desktop, and Microsoft 365 management solutions to simplify IT operations and boost efficiency
— Expanding Nerdio’s global presence to serve growing international demand
— Augmenting its engineering and customer success teams to support rapid customer growth
General Atlantic will take two seats on Nerdio’s board in connection with the investment, with Aaron Goldman and Asher Hecht representing the firm.
J.P. Morgan served as the exclusive financial advisor to Nerdio.
KEY QUOTES:
“The workplace has fundamentally changed, with remote and hybrid models becoming standard for organizations of all sizes. Most companies struggle with the technical complexities and costs of supporting this transformation. Nerdio’s platform turns what would be months of engineering work into automated processes that any IT team can manage. We are pleased to partner with General Atlantic on the next stage of our growth journey and believe this investment will accelerate our mission to make cloud management simple and cost-effective for every organization, regardless of their technical resources.”
– Vadim Vladimirskiy, Co-Founder and CEO of Nerdio
“Switching from traditional virtual desktop infrastructures to Nerdio has truly been transformative for Teleperformance. The challenge with traditional VDI is that you still have that legacy mindset with infrastructure. With the capabilities of the cloud, you now have the ability to essentially manage your entire infrastructure, and that’s what drove me to Nerdio. The ability to no matter where I was in the world, have a central management plane for my organization.”
– Garion Bown, Global Vice President of Virtualization Technologies at Teleperformance
“Nerdio is enabling the transition of virtualization to the cloud and is delivering immediate and measurable value to organizations struggling with cloud complexity. The team’s ability to combine technical innovation with ease of use has resulted in remarkable customer loyalty and growth.”
– Aaron Goldman, Managing Director and Head of Enterprise Technology at General Atlantic
“We’re excited to support Nerdio’s vision of making advanced cloud workspace technology accessible to all organizations.”
– Asher Hecht, Principal at General Atlantic
