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Phocas Software secures a strategic investment from Accel-KKR to advance BI and FP&A innovation and growth.

Oct 15, 202515 days ago
SydneySoftwareAnalytics

Investors

Accel Kkr

Description

Phocas Software received a majority equity investment from Accel-KKR to enhance its Business Intelligence and Financial Planning capabilities. The funds will accelerate their global market expansion through product development and customer success initiatives. Accel-KKR's support enables Phocas to focus on delivering integrated AI features for mid-market companies. CEO Myles Glashier emphasized the importance of this investment for the company's growth trajectory.

Company Information

Company

Phocas Software

Location

Sydney, New South Wales, Australia

About

Phocas Software is a leading Business Intelligence and Financial Planning & Analysis (BI and FP&A) platform for the middle-market, designed to help mid-market manufacturers, distributors and retailers explore data effectively. The platform connects to industry ERPs and consolidates data sources into a single solution, delivering fast, accurate insights for planning, analysis, and decision-making. Phocas supports over 2,800 businesses globally to work smarter and more efficiently across various financial functions. Accredited as a B Corp in 2022, Phocas is recognized for its product innovation in both the BI and FP&A categories.

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