Stretto is a leading provider of comprehensive case-management services, depository solutions, and technology tools tailored for fiduciaries and legal professionals. Established in 2019 and headquartered in Irvine, California, the company has rapidly become a pivotal player in the corporate restructuring and consumer bankruptcy sectors. Stretto's mission is to harmonize the administrative processes of bankruptcy cases, enabling professional advisors to concentrate on substantive business operations. The company's name, derived from a musical term indicating overlapping voices, symbolizes its commitment to seamless integration and collaboration within the bankruptcy ecosystem.
Key Strategic Focus
Stretto's strategic focus centers on delivering best-in-class technology and services to bankruptcy attorneys, trustees, and corporate restructuring professionals. The company specializes in:
- Case-Management Services: Providing tools and support to streamline the administration of bankruptcy cases.
- Depository Solutions: Offering secure and efficient financial services to manage funds associated with bankruptcy proceedings.
- Technology Tools: Developing innovative software solutions that enhance workflow efficiency and accuracy for legal professionals.
By integrating these services, Stretto aims to facilitate effective resolution of complex transactions and maintain its position as an industry innovator.
Financials and Funding
As of 2025, Stretto generates an estimated annual revenue of approximately $172.8 million, with a revenue per employee projected at $337,500. The company employs over 500 professionals, reflecting a 2% year-over-year growth in workforce. Stretto has expanded its capabilities through strategic acquisitions, including:
- CINgroup: Acquired in March 2019, known for its Best Case software used by bankruptcy attorneys in over 80% of Chapter 7 filings.
- the525group: Acquired in June 2019.
- Acumen Recovery Services: Acquired in February 2021.
- Chapter 11 Dockets: Acquired in October 2024.
These acquisitions have bolstered Stretto's service offerings and market presence.
Pipeline Development
In 2024, Stretto expanded into Treasury & Cash Management Services, addressing trustees' banking challenges with an Insured Deposit Program that maximizes FDIC coverage through partner banks. The company also launched its Legal Claims Administration Services, leveraging proven bankruptcy claim workflows to manage class action engagements, including securities, mass torts, and regulatory remediation. Additionally, Stretto introduced Stretto Intelligence, an AI-powered engine generating technology tools, research, and insights to enhance professional workflows.
Technological Platform and Innovation
Stretto distinguishes itself through its proprietary technologies and innovative solutions, including:
- Best Case® Bankruptcy Software: A leading bankruptcy forms preparation software widely used by attorneys.
- Trustee Suite™: A practice management software designed for trustees.
- Stretto Conductor: An AI-powered platform for bankruptcy case communication and management, demonstrating the company's commitment to innovation.
These platforms exemplify Stretto's dedication to enhancing efficiency and accuracy in bankruptcy case management.
Leadership Team
Stretto's leadership comprises seasoned professionals with extensive industry experience:
- Eric Kurtzman: Co-CEO, previously served as Managing Director at Skywell.
- Jonathan Carson: Co-CEO, formerly President & CMO at Skywell.
- Kyle Koelbel: Chief Financial Officer.
- James M. Le: Chief Operating Officer.
Their collective expertise drives Stretto's strategic initiatives and operational excellence.
Competitor Profile
Stretto operates in a competitive landscape with several notable companies:
- XClaim: Founded in 2018, headquartered in Los Angeles, California, XClaim focuses on the professional services industry, generating approximately 20% of Stretto's revenue.
- Jubilee: Established in 2016, based in San Antonio, Texas, Jubilee operates within the professional services sector and has a smaller workforce compared to Stretto.
- Solution Management: Another competitor in the professional services field, with a comparable employee count to Stretto.
These competitors contribute to a dynamic market environment, prompting continuous innovation and service enhancement.
Strategic Collaborations and Partnerships
Stretto has expanded its service offerings through strategic acquisitions, including:
- CINgroup: Acquired in March 2019, known for its Best Case software used by bankruptcy attorneys in over 80% of Chapter 7 filings.
- the525group: Acquired in June 2019.
- Acumen Recovery Services: Acquired in February 2021.
- Chapter 11 Dockets: Acquired in October 2024.
These acquisitions have bolstered Stretto's service offerings and market presence.
Operational Insights
Stretto's strategic acquisitions and technological innovations have solidified its market position, offering a comprehensive suite of services that address the multifaceted needs of bankruptcy professionals. The company's commitment to integrating advanced technology with deep industry expertise provides a distinct competitive advantage.
Strategic Opportunities and Future Directions
Looking ahead, Stretto is poised for continued growth by leveraging its unique combination of people, processes, and technology. The company plans to explore new markets and expand its service offerings, ensuring sustained leadership in legal and financial technology services.
Contact Information
- Website: www.stretto.com
- LinkedIn: www.linkedin.com/company/stretto
Stretto's dedication to innovation, strategic growth, and client-centric services positions it as a leader in the bankruptcy technology and services industry.
