Phocas Software secures a strategic investment from Accel-KKR to advance BI and FP&A innovation and growth.
Oct 15, 2025•15 days ago
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers