Chicago, March 18, 2025 (GLOBE NEWSWIRE) -- Nerdio, the automated End-User Computing (EUC) platform transforming how organizations deploy and manage Microsoft cloud technologies, today announced it has signed a definitive agreement for a $500 million minority investment from General Atlantic, a leading global growth investor, with participation from Lead Edge Capital and StepStone. Upon closing, the investment will quadruple Nerdio's valuation in just two years to $1 billion+.

Companies waste millions trying to manage complex cloud environments, relying on highly-skilled IT talent and outdated tools.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. Industry analysts project the Desktop-as-a-Service market will exceed $60 billion by 2037, growing by 18% annually, as organizations worldwide seek more efficient ways to deliver secure, high-performance digital workspaces to their employees.

Nerdio solves this problem with a platform that simplifies Microsoft cloud management, automating both routine and complex processes while making the most of existing resources and enabling cost savings. The platform allows 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 more than 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 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 workplace has fundamentally changed, with remote and hybrid models becoming standard for organizations of all sizes," said Vadim Vladimirskiy, Co-Founder and CEO of Nerdio. "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."

“Switching from traditional virtual desktop infrastructures to Nerdio has truly been transformative for Teleperformance,” said Garion Bown, Global Vice President of Virtualization Technologies at 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."

The new funding 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

“Nerdio is enabling the transition of virtualization to the cloud and is delivering immediate and measurable value to organizations struggling with cloud complexity,” said Aaron Goldman, Managing Director and Head of Enterprise Technology at General Atlantic. “The team’s ability to combine technical innovation with ease of use has resulted in remarkable customer loyalty and growth.”

Asher Hecht, Principal at General Atlantic, added, “We’re excited to support Nerdio’s vision of making advanced cloud workspace technology accessible to all organizations.”

As part of the investment, General Atlantic will take two seats on Nerdio's board, with Aaron Goldman and Asher Hecht representing the firm. J.P. Morgan served as exclusive financial advisor to Nerdio. With no debt, ongoing profitability, and a growing global footprint, Nerdio is well-positioned to scale while continuing to prioritize its mission—making cloud management accessible, cost-effective, and effortless for organizations of all sizes and managed service providers.

Nerdio is hiring across all departments. For more information, visit: https://getnerdio.com/careers-nerdio/

Kaitlyn Ethier
Nerdio
kethier@getnerdio.com

Emily Japlon & Sara Widmann
General Atlantic 
media@generalatlantic.com