SingleHop
SingleHop (operating as HorizonIQ) is a Chicago-based infrastructure provider delivering managed private cloud, bare metal, and GPU server solutions to 1,000+ enterprises across financial services, gaming, AdTech, blockchain, and AI/ML workloads.
- Company typePrivate
- Founded2006
- HeadquartersChicago, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What SingleHop does
SingleHop, operating commercially as HorizonIQ, is a Chicago-based infrastructure-as-a-service provider founded in 2006 and now part of Summit following a December 2025 acquisition. The company delivers managed private cloud, bare metal, and GPU server solutions to a stated base of 1,000+ businesses globally, with named customers spanning financial services (Mastercard, JDP Darwin), gaming and platforms (Unity), marketing and SEO technology (Active Campaign, SEO Clarity), and telecommunications (Voxtell). The product positioning is built around single-tenant dedicated infrastructure that eliminates shared multi-tenant environments, with a stated 100% uptime SLA, SOC 2, HIPAA, and PCI DSS compliance, and cost savings of up to 70% versus traditional providers.
The product portfolio spans compute (GPU Dedicated Servers starting at $0.70/hour, Bare Metal from $39/month, Managed Private Cloud from $1,990/month, and Virtual Private Cloud), storage (block, object, backup and recovery), networking (load balancer, low-latency connectivity), and security (firewall, DDoS mitigation). Underlying compute runs on Intel Xeon Gold and AMD EPYC processors with NVMe SSD storage. A self-service platform called Compass enables customers to monitor, reboot, reinstall operating systems, enable rescue mode, and automate infrastructure operations. Vertical-specific solution bundles address AdTech, financial services, gaming, AI, blockchain, hybrid cloud, cloud repatriation, and VMware alternatives, with an "Infrastructure in a Box" package bundling compute, storage, networking, and security.
SingleHop monetizes through a mix of monthly subscriptions for managed private cloud and bare metal services and usage-based hourly pricing for GPU compute. Distribution combines direct enterprise sales, a self-service/PLG funnel through the HorizonIQ online shop and free trial, and a partner deal-registration channel for mid-market resellers. Historically the company has raised approximately $72.3M across disclosed funding rounds, including $27.5M from Battery Ventures in April 2012, a $14.8M round led by Silicon Valley Bank in May 2014, and a $30M strategic investment by Digital Realty in December 2014. In early 2015 the company acquired URC Partners, Server Intellect, and Datagram, broadening its hosting and managed services footprint.
SingleHop firmographics
Firmographics- Name
- SingleHop
- Website
- https://singlehop.com
- Company type
- Private
- Founded year
- 2006
- Headcount range
- 501–1,000 employees
- Short description
- SingleHop (operating as HorizonIQ) is a Chicago-based infrastructure provider delivering managed private cloud, bare metal, and GPU server solutions to 1,000+ enterprises across financial services, gaming, AdTech, blockchain, and AI/ML workloads.
- Ownership category
- akta.pro rank
SingleHop industry classification
Industry- Product category
- Cloud Infrastructure
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Computer Systems Design and Related Services (54151)
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Data Center Operations & Managed Services (Remote Hands, NOC/SOC) (HDABANAA)
- akta.pro secondary industries
- Private Cloud Platforms (On‑Prem Cloud Stacks) (HDABABAA), Hybrid & Multi-Cloud Orchestration (Private-Cloud-Centric) (HDABABAE)
Keywords
Where SingleHop is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Markets served
SingleHop business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales, Supply Chain
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | GPU Dedicated Servers starting at $0.70/Hour |
| Subscription | Monthly | Bare Metal starting at $39/month |
| Subscription | Monthly | Managed Private Cloud starting at $1,990/month |
Distribution channels3 records
Marketing channels3 records
SingleHop product offering
Product offeringCore offering
SingleHop (operating as HorizonIQ) provides dedicated server and managed cloud infrastructure, including GPU servers, bare metal, managed private cloud, and virtual private cloud, complemented by enterprise storage, networking, security, and a self-service management platform called Compass. The offering targets businesses needing single-tenant, high-performance infrastructure with compliance support (SOC 2, HIPAA, PCI DSS) and a 100% uptime SLA, delivered with 24/7 expert support and remote hands.
Product overview
HorizonIQ is a cloud and dedicated server solutions provider offering a portfolio of infrastructure products built around private cloud and bare metal compute services. The core offerings include GPU Servers for AI and compute-intensive workloads, Bare Metal servers for raw performance with full control, Managed Private Cloud for fully managed compliant infrastructure, and Virtual Private Cloud for isolated network environments. These compute products are complemented by enterprise storage solutions (Block Storage, Object Storage, and Backup and Recovery), networking services (Connectivity and Load Balancer), and security add-ons (Firewall and DDoS Mitigation). The company also provides a self-service management platform called Compass for infrastructure monitoring and automation. The portfolio supports industry-specific solutions for AdTech, Financial Services, Gaming, AI, Blockchain, Cloud Repatriation, and High Performance Computing use cases.
Differentiator
Problem solved
Functional benefit
Products and services
- GPU Servers High-performance NVIDIA GPUs deployed on dedicated, single-tenant infrastructure designed to accelerate AI, 3D rendering, and compute-intensive workloads. Targeted at AI/ML and HPC organizations.
- Bare Metal Customizable bare metal servers providing raw compute power, full control, and predictable pricing for latency-sensitive, performance-critical applications. Targeted at performance-critical enterprises.
- Managed Private Cloud Fully managed private cloud nodes backed by a 100% uptime SLA and hands-on support, providing secure, scalable, and compliant infrastructure. Targeted at regulated and compliance-sensitive enterprises.
- Virtual Private Cloud Isolated virtual network environment providing enhanced security and network segmentation for workloads needing cloud agility with dedicated network boundaries.
- Block Storage Enterprise-grade block storage providing low-latency storage access for high-performance workloads.
- Object Storage Scalable object storage with RESTful API access for high-volume data storage and retrieval workloads.
- Backup and Recovery Enterprise backup and disaster recovery services that protect critical data and ensure business continuity.
- Load Balancer
Quantifiable outcome
- Up to 70% cost reduction compared to traditional providers
- +1 more outcomes
Companies that use SingleHop
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
SingleHop technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
SingleHop partnerships and signals
Strategic signalScale indicators1 record
Recent moves6 records
Expansion highlights6 records
SingleHop competitors and assessment
Company assessmentBroad incumbents
- OVHcloud: Global cloud provider offering dedicated servers, private cloud (Hosted Private Cloud), and public cloud. Direct overlap on bare metal, private cloud, and cost-competitive positioning.
- IONOS: Large European-based hosting and cloud provider with dedicated servers, VPS, and managed cloud. Comparable broader portfolio competitor to SingleHop/HorizonIQ in dedicated server and SMB cloud.
Direct peers
- DigitalOcean: Cloud infrastructure platform (Droplets/Virtual Machines, managed databases, GPU droplets) targeting developers and SMBs. Comparable to SingleHop/HorizonIQ on cloud compute with a similar self-service, transparent pricing philosophy.
- Vultr: Global cloud platform offering bare metal, virtual machines, GPUs, and managed databases with hourly transparent pricing. Direct overlap with SingleHop/HorizonIQ's GPU/bare metal product lines and SMB/developer PLG motion.
- InMotion Hosting: SMB-focused dedicated server, VPS, and managed hosting provider. Similar SMB/mid-market positioning and dedicated infrastructure focus as SingleHop/HorizonIQ.
- Linode (Akamai Connected Cloud): Cloud compute, GPU, and bare metal provider (now part of Akamai) targeting developers and SMBs. Comparable to SingleHop/HorizonIQ on simplified, transparent cloud compute and storage.
- Liquid Web: Managed dedicated server, VPS, and private cloud provider targeting SMBs and agencies. Highly comparable to SingleHop/HorizonIQ's bare metal and managed hosting focus with similar SMB/mid-market GTM.
- PhoenixNAP: Provider of dedicated servers, private cloud, bare metal cloud, and colocation with a strong compliance and security focus. Closely mirrors SingleHop/HorizonIQ's bare metal + managed private cloud stack and compliance-ready positioning.
- Rackspace Technology: Multi-cloud managed services and dedicated hosting provider serving enterprise customers. Overlaps with SingleHop/HorizonIQ's managed private cloud, 24/7 support, and compliance-ready positioning.
- Hetzner: European hosting provider offering dedicated servers, cloud servers, and storage with cost-competitive pricing. Comparable to SingleHop/HorizonIQ on bare metal and value-priced cloud compute.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
SingleHop social profiles
Digital presenceSingleHop compliance and trust
Trust signalCompliance3 records
SingleHop financial estimates
Financial estimateRevenue estimate
Valuation estimate
SingleHop leadership team
Management profileNumber of profiles
SingleHop funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SingleHop M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SingleHop
What does SingleHop do?
SingleHop (operating as HorizonIQ) provides dedicated server and managed cloud infrastructure, including GPU servers, bare metal, managed private cloud, and virtual private cloud, complemented by enterprise storage, networking, security, and a self-service management platform called Compass. The offering targets businesses needing single-tenant, high-performance infrastructure with compliance support (SOC 2, HIPAA, PCI DSS) and a 100% uptime SLA, delivered with 24/7 expert support and remote hands.
Is SingleHop a public or private company?
SingleHop is a private company. It is classified as corporate owned.
When was SingleHop founded?
SingleHop was founded in 2006. It employs 501 to 1,000 people.
Where is SingleHop based?
SingleHop is headquartered in Chicago, United States, in the North America region.
Who are SingleHop's main competitors?
Broad incumbents on record are OVHcloud and IONOS. Direct peers are DigitalOcean, Vultr, InMotion Hosting, Linode (Akamai Connected Cloud), Liquid Web, PhoenixNAP, Rackspace Technology and Hetzner.
Does SingleHop have an API?
No public API is recorded for SingleHop.
What industry is SingleHop in?
SingleHop's product category is Cloud Infrastructure. Its primary akta.pro industry code is HDABANAA, Data Center Operations & Managed Services (Remote Hands, NOC/SOC), with a secondary code of HDABABAA, Private Cloud Platforms (On‑Prem Cloud Stacks). Its NAICS code is 518 and its SIC code is 7373.