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Firm · October 29, 2026

Thoma Bravo Earns Spot on Inc.’s Founder-Friendly Investors List for Fourth Consecutive Year

SAN FRANCISCO—Thoma Bravo, a leading software investment firm, today announced that it has been recognized on Inc., opens in a new tab., opens in a new tab.’s Founder-Friendly Investors list, opens in a new tab., opens in a new tab., marking the fourth consecutive year the firm has earned this distinction.

As one of the world’s largest software-focused investors, Thoma Bravo has a 40+ year history of collaborating with management teams to help its portfolio companies excel in product innovation, operational excellence and sustainable growth. In addition to traditional software private equity buyouts, the firm has a dedicated credit strategy focused on making debt investments in software and technology companies.

"We are honored to be recognized by Inc. as a Founder-Friendly Investor again this year. Founders trust us with the companies they’ve spent years building, and we take that responsibility seriously. We remain focused on providing our companies with the operational and deep sector expertise required to scale and reach that next phase of growth. And we remain grateful for their continued confidence in our ability to deliver."

- Holden Spaht, Managing Partner

Inc.’s Founder-Friendly Investors list is based on direct feedback from entrepreneurs who have worked with private equity and venture capital firms. Founders were surveyed about their experiences and shared data on their companies’ growth during these relationships.

For more information, or to view the complete list of honorees, visit: https://www.inc.com/founder-friendly-investors/2026, opens in a new tab., opens in a new tab..

About Thoma Bravo

Thoma Bravo is the world's largest software-focused investment firm, with approximately $170 billion in assets under management as of June 30, 2026. Partnering with some of the world's most sophisticated investors, Thoma Bravo's private equity and private credit platforms reflect a focused investment strategy, supported by disciplined execution, deep sector expertise and leadership continuity. Over the past 20-plus years, Thoma Bravo has acquired or invested in approximately 600 software and technology companies, representing more than $325 billion of aggregate enterprise value (including control and non-control investments, as well as add-on acquisitions). Learn more at thomabravo.com and on LinkedIn.

This list is the opinion of the party conferring the list and should not be considered an endorsement of Thoma Bravo. Issued by Inc. Business Media on October 29, 2026, the Inc. Founder-Friendly Investors Honorees are based upon the preceding one to five years. Thoma Bravo paid an application fee in connection with this list. In general, the receipt of compensation influences, and is likely to present a potential material conflict of interest, relating to any list. There can be no assurance that other providers or surveys would utilize the same criteria used to determine this list or reach the same conclusion.