About Stretto
Stretto is a company based in Irvine (United States) founded in 1987.. Stretto has raised $5.81 million across 2 funding rounds. The company has 442 employees as of December 31, 2022. Stretto has completed 4 acquisitions, including CINgroup, Chapter11Dockets and Stretto. Stretto offers products and services including Bankruptcy Software and Claims Administration.
- Headquarter Irvine, United States
- Employees 442 as on 31 Dec, 2022
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Phone
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Website
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Social
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- Legal Name Stretto, Inc
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Annual Revenue
$29.25 K (USD)-75as on Dec 31, 2017
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Net Profit
$-19.23 K (USD)-215as on Dec 31, 2017
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EBITDA
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Total Equity Funding
$5.81 M (USD)
in 2 rounds
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Latest Funding Round
$4.76 M (USD), Series A
Jan 26, 2017
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Investors
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Employee Count
442
as on Dec 31, 2022
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Investments & Acquisitions
CINgroup
& 3 more
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Products & Services of Stretto
Stretto offers a comprehensive portfolio of products and services, including Bankruptcy Software and Claims Administration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for managing bankruptcy cases is provided to support legal and financial operations
Administration of legal claims in contexts like class actions and receiverships is handled
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Funding Insights of Stretto
Stretto has successfully raised a total of $5.81M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.76 million completed in January 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $4.8M
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First Round
First Round
(28 May 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Series A - Stretto | Valuation |
investors |
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| May, 2015 | Amount | Unspecified - Stretto | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Stretto
Stretto has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include CINgroup, Chapter11Dockets and Stretto. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Enterprise defense and risk management software is provided by Acumen.
|
2014 | ||||
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Provider of recruitment, student loans, and recovery services
|
2014 | ||||
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Software and due diligence solutions are provided by CINgroup.
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1979 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Stretto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Stretto Comparisons
Competitors of Stretto
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Stretto
When was Stretto founded?
Stretto was founded in 1987 and raised its 1st funding round 28 years after it was founded.
Where is Stretto located?
Stretto is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
Is Stretto a funded company?
Stretto is a funded company, having raised a total of $5.81M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $1.05M, raised on May 28, 2015.
How many employees does Stretto have?
As of Dec 31, 2022, the latest employee count at Stretto is 442.
What is the annual revenue of Stretto?
Annual revenue of Stretto is $29.25K as on Dec 31, 2017.
What does Stretto do?
Stretto was founded in 1987 and is based in Irvine, United States. Operations center on the legal services sector, with a focus on bankruptcy and restructuring cases. Case management software, workflow tools, and communication platforms are offered to attorneys and professionals. Services support nationwide bankruptcy proceedings, including document preparation and stakeholder coordination. The company serves the U.S. legal market through its technology-enabled solutions.
What products or services does Stretto offer?
Stretto offers Bankruptcy Software and Claims Administration.
How many acquisitions has Stretto made?
Stretto has made 4 acquisitions, including CINgroup, Chapter11Dockets, and Stretto.