Singletrack, a capital markets client engagement and analytics expert, today announced a significant capital growth investment from Accel-KKR, a leading technology-focused private equity firm. Industry sources added that this investment will empower Singletrack to accelerate expansion plans into global markets and execute on strategic M&A.
Founded in 2009, Singletrack is an engagement, research management, and analytics platform purpose-built by industry professionals for capital markets, helping clients on both the sell and buy sides maximize revenue, efficiency, and profitability.
Stuart Berwick, co-founder, and CEO of Singletrack stated: “Our success within the space can be measured in several ways: from our client base, which includes top-performing independent investment banks, to our 29-country global footprint and our expanded product offerings which serve both buy and sell sides. As the capital markets grow in opportunity and complexity, we are poised for aggressive market expansion. This investment from Accel-KKR is a great catalyst for Singletrack and our mission.”
Phil Cunningham, Managing Director at Accel-KKR and Lead for the firm’s Emerging Buyout Partners fund stated: “Singletrack recognized early on the potential in combining on-demand technology and advanced analytics for a purpose-built CRM solution for capital markets. Seasoned leaders like Paul and Stuart draw on deep experience within the global investment banking industry and their informed approach has differentiated the company, propelling Singletrack to the forefront of financial CRM tools and positioning it to capitalize on a fragmented marketplace. We are excited to partner with Singletrack as they growth.”
Industry sources added that Singletrack’s heritage is deep-rooted in capital markets. Founders Stuart Berwick and Paul Dyson have decades of experience driving innovation at global investment banks. They developed Singletrack in 2009 as a radical new approach to capital markets CRM. Singletrack’s sell-side platform leverages assets and information for sales and trading, research, events and corporate finance, using an array of advanced tools including AI and machine learning to surface deep client behavior insights and inform client strategy.