BigTime offers cloud-based practice management software that consolidates time tracking, invoicing and project management for professional services firms. Its industry-specific solutions serve consultants across accounting, engineering, architecture and IT services and are used by more than 2,300 firms to track over $4 billion of billable time each year. The company emphasizes delivering user-friendly tools that provide real-time KPI reporting and financial visibility. BigTime plans to use new capital to enhance product development and innovation, expand recruiting in its Chicago and Phoenix offices, and bolster customer sales and support. Management says the company will prioritize growth in the SMB professional services automation market as firms shift toward virtual and hybrid workplace models. BigTime Software offers an integrated cloud-based platform for budgeting, time tracking, project management and invoicing used by more than 2,000 professional services firms. Founded in 2002 and bootstrapped by founder and CEO Brian Saunders, the company has positioned itself as an industry-leading SaaS provider. BigTime has received recognition including G2 Crowd’s Top 100 Software Companies, a Gold Stevie Award in Cloud ERP, and a top QuickBooks-integrated app nod from Intuit. Management says demand for its enterprise product outpaced its ability to scale without additional investment. The company plans to use new capital to deepen its senior management team, accelerate sales and marketing, and fast-track product development hires in its Chicago team. Its platform targets consultants across engineering, architecture and IT services with industry-specific practice-management tools. BigTime Software develops cloud-based productivity and practice-management tools with a customizable, browser-based interface for professional services firms. The company licenses its technology to OEM partners as a core component of accounting and productivity suites. BigTime is an Intuit Gold Certified Developer and a member of the Microsoft Partner Network. It has users in the United States, Canada, the UK and Australia. Founded in 2002 by CEO Brian Saunders, the company intends to use new funding to expand its sales channel and marketing efforts. The fundraising is part of a Series A round totaling $2.7M.

Total raised

$117M

Funding rounds

3

Latest round

Equity

Latest activity

Jan 2022