DFX Intelligence

Data Factory

Bettercloud, Inc

sponsor (inference, pe portfolio stem): Greycroft LP

Search this name across graphsid dfx:pc:6c02b52a-a796-224b-52a7-c312cbb9a56c

Data as of Jun 30, 2026 (this record's last observation) from The BDC tape; Adviser-reported credit funds; Deal parties; Pending. Page built Sep 19, 2026, 6:48 PM UTC and rebuilt at most every 15 minutes.

Relationships: 1
Dated events: 40
On other graphs: 0
Observed: Sep 30, 2022 to Jun 30, 2026
4 observations

Right now

4 signals name this record (all private credit signals)

#1IntensifiedSignalPrivate creditCredit deterioration (intensified)

Bettercloud, Inc: lender marks fell to 76 cents across 2 BDC lenders, second consecutive quarter

State INTENSIFIED at the 2024-12-31 quarter end, readable when the filing landed on 2025-11-14.

Exposure: $40.6M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.53x non accrual, 138d median

Main Street Capital CORP · lender MSC INCOME FUND, INC. · lender

Credit Attention / portfolio monitorDec 31, 2024 · seen 2 days ago

#2IntensifiedSignalPrivate creditCredit deterioration (intensified)

Bettercloud, Inc: lender marks fell to 62 cents across 2 BDC lenders, second consecutive quarter

State INTENSIFIED at the 2025-03-31 quarter end, readable when the filing landed on 2025-05-13.

Exposure: $40.6M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.53x non accrual, 138d median

Main Street Capital CORP · lender MSC INCOME FUND, INC. · lender

Credit Attention / portfolio monitorMar 31, 2025 · seen 2 days ago

#3IntensifiedSignalPrivate creditCredit deterioration (intensified)

Bettercloud, Inc: lender marks fell to 15 cents across 2 BDC lenders, second consecutive quarter

State INTENSIFIED at the 2025-06-30 quarter end, readable when the filing landed on 2025-08-14.

Exposure: $40.6M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.53x non accrual, 138d median

Main Street Capital CORP · lender MSC INCOME FUND, INC. · lender

Credit Attention / portfolio monitorJun 30, 2025 · seen 2 days ago

#4NewSignalPrivate creditCredit deterioration

Bettercloud, Inc: lender marks fell to 84 cents across 2 BDC lenders

State NEW at the 2024-09-30 quarter end, readable when the filing landed on 2024-11-14.

Exposure: $39.7M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.38x non accrual, 139d median

Main Street Capital CORP · lender MSC INCOME FUND, INC. · lender

Credit Attention / portfolio monitorSep 30, 2024 · seen 2 days ago

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Lenders: 2
BDCs: 2
Facilities: 3
First on a schedule: Sep 30, 2022
Last on a schedule: Jun 30, 2026
Sponsor basis: pe_portfolio_steminferencedeal party is a fact; a portfolio stem or a Form D signer is an inference

Facilities

one facility is one borrower, one kind and one lien; its size is the sum of the BDC pieces the tape can see, a lower bound, never the commitment

Kind	Lien	Size, lower bound	Fair value	Maturity	Maturity basis	Spread	PIK	Lenders	BDCs	Status	Last seen
Term loan	unknown	n/a	n/a	n/a	n/a	n/a	n/a	2	2	Unknown	Jun 30, 2026
Common equity	equity	n/a	n/a	n/a	n/a	n/a	n/a	2	2	Unknown	Jun 30, 2026
other	unknown	n/a	n/a	n/a	n/a	n/a	n/a	2	2	Unknown	Dec 31, 2025

Lenders holding it now

each BDC's own pieces on its latest schedule, folded to one row per lender; every amount is that BDC's piece as filed, so a sum is a lower bound; 4 rows folded into 2

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
Main Street Capital CORP	2	$0	$0	$0	n/a	Jun 30, 2026
MSC INCOME FUND, INC.	2	$0	$0	$0	n/a	Jun 30, 2026

Relationships

Sponsors (1)

← Greycroft LPSponsor of borrowersPE portfolio stem
Jan 1, 2012 to presentinferenceDFX's own graph

Dated events

21 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Dec 31, 2025
PIK interest increased
Bettercloud, Inc term loan: PIK interest rose from 7.25% to 12.07%
BDC schedule of investments
$7.8M
Occurred
Dec 31, 2025
Coupon changed
Bettercloud, Inc term loan: spread moved from 10.25% to 8.25%
BDC schedule of investments
$7.8M
Occurred
Dec 31, 2025
PIK interest increased
MSC INCOME FUND, INC.: pik increased in Bettercloud, Inc (7.25% to 12.07%)
BDC schedule of investmentsobserved 1 months ago
0.1207 usd
Occurred
Dec 31, 2025
Mark recovered
Main Street Capital CORP: fair value recovery in Bettercloud, Inc (57 to 100 cents on cost)
BDC schedule of investmentsobserved 1 months ago
1 usd
Occurred
Dec 31, 2025
Mark recovered
MSC INCOME FUND, INC.: fair value recovery in Bettercloud, Inc (57 to 100 cents on cost)
BDC schedule of investmentsobserved 1 months ago
1 usd
Occurred
Dec 31, 2025
Spread decreased
Main Street Capital CORP: spread decreased in Bettercloud, Inc (10.25% to 8.25%)
BDC schedule of investmentsobserved 1 months ago
0.0825 usd
Occurred
Dec 31, 2025
Spread decreased
MSC INCOME FUND, INC.: spread decreased in Bettercloud, Inc (10.25% to 8.25%)
BDC schedule of investmentsobserved 1 months ago
0.0825 usd
Occurred
Dec 31, 2025
PIK interest increased
Main Street Capital CORP: pik increased in Bettercloud, Inc (7.25% to 12.07%)
BDC schedule of investmentsobserved 1 months ago
0.1207 usd
Occurred
Jun 30, 2025
Marked down across lenders
Bettercloud, Inc term loan: marked from 62 to 57 cents on cost across 2 lender(s)
BDC schedule of investments
$174M
Occurred
Jun 30, 2025
Marked down by a BDC
MSC INCOME FUND, INC.: fair value markdown in Bettercloud, Inc (62 to 57 cents on cost)
BDC schedule of investmentsobserved 1.1 years ago
0.56699455639385 usd
Occurred
Jun 30, 2025
Marked down by a BDC
Main Street Capital CORP: fair value markdown in Bettercloud, Inc (62 to 57 cents on cost)
BDC schedule of investmentsobserved 1.1 years ago
0.566826536552909 usd
Occurred
Mar 31, 2025
Marked down across lenders
Bettercloud, Inc term loan: marked from 76 to 62 cents on cost across 2 lender(s)
BDC schedule of investments
$41.0M
Occurred
Mar 31, 2025
Marked down by a BDC
Main Street Capital CORP: fair value markdown in Bettercloud, Inc (76 to 62 cents on cost)
BDC schedule of investmentsobserved 1.4 years ago
0.618844636722229 usd
Occurred
Mar 31, 2025
Marked down by a BDC
MSC INCOME FUND, INC.: fair value markdown in Bettercloud, Inc (76 to 62 cents on cost)
BDC schedule of investmentsobserved 1.4 years ago
0.618958904109589 usd
Occurred
Dec 31, 2024
Marked down across lenders
Bettercloud, Inc term loan: marked from 84 to 76 cents on cost across 2 lender(s)
BDC schedule of investments
$82.0M
Occurred
Dec 31, 2024
Marked down by a BDC
MSC INCOME FUND, INC.: fair value markdown in Bettercloud, Inc (84 to 76 cents on cost)
BDC schedule of investmentsobserved 6 months ago
0.761534246575342 usd
Occurred
Dec 31, 2024
Marked down by a BDC
Main Street Capital CORP: fair value markdown in Bettercloud, Inc (84 to 76 cents on cost)
BDC schedule of investmentsobserved 6 months ago
0.761420027993383 usd
Occurred
Sep 30, 2024
Marked down across lenders
Bettercloud, Inc term loan: marked from 96 to 84 cents on cost across 2 lender(s)
BDC schedule of investments
$40.2M
Occurred
Sep 30, 2024
Marked down by a BDC
Main Street Capital CORP: fair value markdown in Bettercloud, Inc (96 to 84 cents on cost)
BDC schedule of investmentsobserved 1.9 years ago
0.843683919450861 usd

Show 21 bookkeeping events

Occurred
Mar 31, 2026
MSC INCOME FUND, INC.: position exited in Bettercloud, Inc
Occurred
Mar 31, 2026
Main Street Capital CORP: position exited in Bettercloud, Inc
Occurred
Dec 31, 2025
Bettercloud, Inc term loan: marked from 57 to 100 cents on cost
Occurred
Dec 31, 2025
Main Street Capital CORP: new position in Bettercloud, Inc
Occurred
Dec 31, 2025
MSC INCOME FUND, INC.: new position in Bettercloud, Inc
Occurred
Dec 31, 2025
Main Street Capital CORP: new position in Bettercloud, Inc
Occurred
Dec 31, 2025
MSC INCOME FUND, INC.: new position in Bettercloud, Inc
Occurred
Dec 31, 2025
MSC INCOME FUND, INC.: principal decreased in Bettercloud, Inc ($1.7M principal)
Occurred
Dec 31, 2025
Main Street Capital CORP: principal decreased in Bettercloud, Inc ($6.0M principal)
Occurred
Jun 30, 2025
MSC INCOME FUND, INC.: position exited in Bettercloud, Inc
Occurred
Jun 30, 2025
Main Street Capital CORP: position exited in Bettercloud, Inc
Occurred
Jun 30, 2025
Main Street Capital CORP: principal increased in Bettercloud, Inc ($134.8M principal)
Occurred
Jun 30, 2025
MSC INCOME FUND, INC.: principal increased in Bettercloud, Inc ($39.1M principal)
Occurred
Mar 31, 2025
Main Street Capital CORP: position exited in Bettercloud, Inc
Occurred
Mar 31, 2025
Main Street Capital CORP: principal decreased in Bettercloud, Inc ($31.8M principal)
Occurred
Mar 31, 2025
MSC INCOME FUND, INC.: principal decreased in Bettercloud, Inc ($9.2M principal)
Occurred
Mar 31, 2025
MSC INCOME FUND, INC.: position exited in Bettercloud, Inc
Occurred
Dec 31, 2024
MSC INCOME FUND, INC.: new position in Bettercloud, Inc
Occurred
Dec 31, 2024
MSC INCOME FUND, INC.: principal increased in Bettercloud, Inc ($18.5M principal)
Occurred
Dec 31, 2024
Main Street Capital CORP: principal increased in Bettercloud, Inc ($63.6M principal)
Occurred
Dec 31, 2024
Main Street Capital CORP: new position in Bettercloud, Inc

Provenance

Graph: Private Credit
Canonical id: dfx:pc:6c02b52a-a796-224b-52a7-c312cbb9a56c
First observed: Sep 30, 2022
Last observed: Jun 30, 2026 2 months ago
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

Bettercloud, Inc

sponsor (inference, pe portfolio stem): Greycroft LP

Search this name across graphsid dfx:pc:6c02b52a-a796-224b-52a7-c312cbb9a56c

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

unknown

n/a

Unknown

Jun 30, 2026

Common equity

equity

n/a

Unknown

Jun 30, 2026

other

unknown

n/a

Unknown

Dec 31, 2025

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

Main Street Capital CORP

n/a

Jun 30, 2026

MSC INCOME FUND, INC.

n/a

Jun 30, 2026