Stretto

What Stretto does

Stretto is a bankruptcy technology and professional services firm founded in 1987 and headquartered in Irvine, California, with additional offices in Denver and New York. The company serves Chapter 7 Panel Trustees, corporate restructuring professionals, bankruptcy attorneys, receivers, and other fiduciaries across all U.S. jurisdictions. Stretto combines proprietary technology with court-supervised professional services, including claims administration, legal noticing, distribution management, schedules and SOFA preparation, and banking services for estate funds. The company reports serving more than 50% of U.S. Chapter 7 Panel Trustees and has handled matters ranging from large-scale Chapter 11 cases (e.g., Gawker Media, Agera Energy, REVA Medical, Omnicare, ATech/Akoustis Technologies, Crucible Industries) to long-running receiverships involving 25 entities, 2,500+ creditors, and 100+ bank accounts.

The company's technology platform centers on Stretto CORE, a proprietary cloud-native case-administration portal, augmented by Trustee Suite (Chapter 7 trustee workflows), Best Case (consumer bankruptcy filing software for attorneys), Research Suite (AI-powered precedent research built on the acquired Chapter 11 Dockets data asset), SecureAI (a confidential AI workspace with zero retention), Forecaster (predictive analytics for bankruptcy filings up to four months in advance), and Conductor (an AI chatbot for case queries). This product suite is bundled under the Stretto Intelligence brand. Revenue is generated through three streams: professional services fees tied to court-supervised engagements, recurring SaaS subscriptions for software products, and transaction-based claims administration. The company also operates an internal banking services team with 50+ years of cumulative financial-institution experience and relationships with UST-approved national bank partners.

Stretto has been privately held since its founding and is led by co-CEOs Jonathan Carson and Eric Kurtzman, who previously co-founded Kurtzman Carson Consultants (KCC). The company has pursued an active inorganic growth strategy, completing four acquisitions since 2019 — CINgroup (2019), the525group (2019), Acumen Recovery Services (2021), and Chapter 11 Dockets (2024) — and has launched multiple new product lines in 2026, including Real Estate Services and the AI-led Stretto Intelligence suite. Distribution is primarily direct enterprise sales augmented by thought-leadership content, industry events (ABI, TMA, AIRA, NAFER), case studies, and a freemium self-serve tier for Research Suite Essentials.

Name

Stretto

Legal name

Stretto Inc

Website

https://stretto.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

101–250 employees

Short description

Stretto is a bankruptcy technology and professional services firm providing case administration, claims management, and AI-powered research tools to Chapter 7 Trustees, corporate restructuring professionals, bankruptcy attorneys, and receivers across the United States.

Ownership category

akta.pro rank

Product category

Bankruptcy Administration Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Finance Services (6199), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Regulatory Reporting & Compliance Operations (Ops support for reporting, audits, exams) (FSABALAM)

akta.pro secondary industry

Securities Transaction Reporting Utilities (Equities/FI/Repos/SFT) (FSAFAJAB)

Keywords

• Bankruptcy administration
• Claims management
• Corporate restructuring
• Legal noticing services
• Case management software

Headquarters

HQ city

Irvine

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Professional Services: Claims agent services, legal noticing, distribution agent services, case administration, and advisory services for bankruptcy and restructuring proceedings. Revenue is generated through fees for service engagements in court-supervised processes.
2. Software/Subscription Products: SaaS-based software products including Best Case (bankruptcy filing software), Trustee Suite, Research Suite, Forecaster, and SecureAI offered on subscription basis with tiered access levels.
3. Claims Administration: Fees for administering claims processes, creditor notifications, ballot tabulation, and solicitation services in corporate restructuring matters.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Stretto provides end-to-end bankruptcy and corporate restructuring services combined with proprietary technology for legal and financial professionals. Core deliverables include claims administration, legal noticing, distribution agent services, case management, and real estate disposition, powered by the Stretto Core portal, Trustee Suite for Chapter 7 Trustees, Best Case filing software for attorneys, and the Stretto Intelligence AI suite (Research Suite, SecureAI, Forecaster, Conductor). The firm also maintains an internal Banking Services Team that partners with UST-approved banks to open estate accounts, manage cash, and execute disbursements nationwide.

Product overview

Stretto offers an end-to-end, bankruptcy-technology platform combining legal services with proprietary software products. The core offerings include Research Suite (AI-powered bankruptcy precedent research with SecureAI), Forecaster (AI bankruptcy case predictor), and Trustee Suite (Chapter 7 case management). Best Case by Stretto provides bankruptcy filing software for attorneys. These products are complemented by professional services including claims administration, legal noticing, distribution services, and real estate disposition services across bankruptcy, corporate restructuring, and legal claims administration verticals.

Differentiator

Problem solved

Functional benefit

Brands

• Best Case by Stretto: Bankruptcy software for filing bankruptcy cases, featuring forms, automation, and cloud-based case management.
• Stretto CORE
• Trustee Suite by Stretto
• Research Suite
• SecureAI
• Forecaster
• Conductor
• Stretto Real Estate Services

Products and services

• Trustee Suite by Stretto Best-in-class technology and professional-level client service platform for Chapter 7 Trustees offering case management from petition to distribution, with intuitive navigation, simplified workflows, document management, 341(a) meeting tabs, distribution management, and banking integration.
• Best Case by Stretto Bankruptcy filing software for attorneys to prepare and file Chapter 7 and Chapter 13 cases, featuring automated forms, client intake via MyCaseInfo, automated communications, credit report ordering, calendar management, and court notice tracking.
• Stretto Core Proprietary cloud-native case administration portal enabling disbursements, legal document preparation and filing services, claims processing, and real-time reporting for corporate restructuring and bankruptcy matters.
• Research Suite AI-powered research platform for bankruptcy professionals enabling document comparison and analysis across jurisdictions, with tracked-changes capabilities for contract review and due diligence.
• SecureAI Secure, confidential AI workspace for legal and financial professionals that enables drafting, analyzing, and synthesizing documents using advanced AI models, with zero data retention by default, model flexibility, and prebuilt workflows for restructuring professionals.
• Forecaster AI-fueled bankruptcy case predictor that provides filing data across jurisdictions up to four months in advance, tracking Chapter 7, 11, 12, and 13 filings with geographic pattern analysis.
• Conductor AI-powered chatbot for bankruptcy case websites that enables immediate information queries about cases.
• Claims Agent Services End-to-end claims administration service for Chapter 11 and corporate restructuring matters, including creditor notifications, claims reconciliation, plan solicitation and balloting, and certification of results via a cloud-native e-balloting application.
• Stretto Real Estate Services End-to-end bankruptcy-specific real estate asset disposition services that assist professionals in managing real estate dispositions within bankruptcy and insolvency proceedings, leveraging AI tools and Stretto subject-matter expertise.
• Legal Noticing Professional legal noticing services for bankruptcy, corporate restructuring, and class action matters, including creditor notifications across U.S. jurisdictions and international parties (e.g., European clinical trial participants).

Quantifiable outcome

• Over 50% of U.S. Panel Trustees served
• +3 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature8 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• National Network of Bank PartnerscoreOthersStretto leverages a national network of well-capitalized bank partners, described as the industry leader in claims calculation and distribution technology integrated with concierge banking services. These UST-approved bank partners enable Stretto to provide comprehensive cash management and distribution services for bankruptcy estates. The relationship involves long-standing strategic partnerships with multiple financial institutions across the country.
• K&L Gates LLPcoreImplementation/ SI/ Consulting PartnerK&L Gates LLP serves as co-counsel for ATech (Parent) Resolution Corp. in their Chapter 11 bankruptcy proceedings, working with Stretto as claims agent and case administration platform. This represents a key professional services partnership in handling complex corporate restructuring matters.
• Landis Rath & Cobb LLPcoreImplementation/ SI/ Consulting PartnerLandis Rath & Cobb LLP serves as co-counsel for ATech (Parent) Resolution Corp. in Chapter 11 proceedings, collaborating with Stretto on case administration and claims management.
• Getzler Henrich & Associates LLCcoreImplementation/ SI/ Consulting PartnerGetzler Henrich & Associates LLC provides Finance Transformation Officer and additional personnel for the ATech bankruptcy case, working alongside Stretto's services team.
• Raymond James & Associates, Inc.coreImplementation/ SI/ Consulting PartnerRaymond James & Associates, Inc. serves as investment banker for the ATech Chapter 11 case, with Stretto providing case administration support in coordination with this engagement.
• McDermott Will EmerycoreImplementation/ SI/ Consulting PartnerMcDermott Will Emery engaged Stretto for Agera Energy Chapter 11 case to provide Schedules & SOFA preparation, noticing services, and call center operations.
• Glass RatnercoreImplementation/ SI/ Consulting PartnerGlass Ratner worked closely with Stretto on the Agera Energy bankruptcy case for turnaround advisory services.
• DLA PipercoreImplementation/ SI/ Consulting PartnerDLA Piper served as turnaround advisor for REVA Medical Inc. Chapter 11 case, collaborating with Stretto on international noticing and case administration across nearly 15 European countries.
• Opportune (CRO Services)coreImplementation/ SI/ Consulting PartnerOpportune served as Chief Restructuring Officer for Gawker Media bankruptcy case, with Stretto engaged to provide depository and banking services in conjunction with the bankruptcy proceedings.
• Industry Publications and Standards BodiesminorGTM or Marketing PartnerStretto partners with industry publications and standards bodies including ABI (American Bankruptcy Institute), TMA (Turnaround Management Association), AIRA, and NAFER for thought leadership, event sponsorship, and professional development.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Kurtzman Carson Consultants (KCC): Predecessor firm co-founded by Stretto's Co-CEOs Carson and Kurtzman; continues as an independent direct peer offering restructuring administration and corporate services with overlapping client relationships.
• Donlin, Recano & Company: Bankruptcy noticing, claims, and balloting agent specializing in Chapter 11 cases; a longstanding direct peer for fiduciary services and solicitation work.
• Prime Clerk: Corporate restructuring claims and noticing agent active on large Chapter 11 engagements; among the most direct comparables to Stretto's claims-agent services.
• BMC Group (Bankruptcy Management Corporation): Claims, noticing, and plan administration firm with a deep Chapter 11 practice, directly comparable to Stretto's Trustee and Corporate Restructuring service lines.
• Epiq Corporate Restructuring: Largest direct competitor to Stretto, offering claims administration, noticing, voting, and case management for Chapter 11 and restructuring matters; the most frequently named rival on flagship engagements.
• Verita Global: Claims administration and class action services provider with overlapping capabilities to Stretto's Legal Claims Administration line and adjacent to Trustee Services.
• Rust Consulting / Omni Bridgeway: Claims administration and noticing competitor with shared fiduciary and class action practice areas directly comparable to Stretto's noticing and recovery services.
• Kroll Restructuring Administration: Restructuring administration practice within Kroll providing claims agent services, noticing, and class action administration that directly overlap with Stretto's full-stack services.

Emerging players

• Harvey: AI-native legal tech platform used by restructuring attorneys and professional services firms for research and drafting; emerging threat to Stretto's SecureAI and Research Suite workflows.

Broad incumbents

• Wolters Kluwer (Bankruptcy Software / CCH): Broad incumbent in legal and regulatory software with bankruptcy preparation tools that compete with Best Case by Stretto, plus enterprise legal and compliance research capability.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/stretto-com

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stretto