Participated · Series B · Mar 2021

Scoro provides an end-to-end work management platform that consolidates projects, sales, billing and reporting for professional service and creative businesses. The product is designed to be scalable across an entire business and is marketed as an alternative to single-use point solutions. Thousands of teams in more than 60 countries use Scoro to increase margins, save time and enable data-driven decision making. Recent product work includes a modernization of the Gantt chart and the release of French and Spanish versions of the software. The company says it will continue building collaborative tools to improve productivity and profitability and to support its international expansion. Founded in 2013, Scoro is headquartered in London with additional offices in Tallinn and New York. Scoro provides an end-to-end business management solution that lets professional and creative services control their entire workflow from sales through billing. The platform includes calendaring, task and project management, quoting and billing, enterprise-level reporting and a real-time dashboard. Led by founder and CEO Fred Krieger, Scoro aims to streamline work and eliminate routine tasks so businesses run more efficiently. The company plans to use new funding to expand its New York and London offices and to develop deeper integrations and machine learning capabilities. Scoro employs a team of 65 across offices in New York, London, and the Baltics (Tallin, Riga and Vilnius). Scoro provides a SaaS-based work management solution that lets professional and creative services control the entire workflow from sales through billing. Its platform includes calendaring, task and project management, quoting and billing, enterprise-level reporting and a real-time dashboard. The company was launched in 2013 in Estonia by Fred Krieger, Kristina Lilleõis, Indrek Saarnak and Priit Matiisen and is described as London, UK–based. Customers include professional services and creative agencies such as Grant Thornton, Sotheby’s International Realty, Graphic Evidence and WSI. Scoro closed a $1.9M seed funding round led by SmartCap, Inventure and Alchemist Accelerator. The company will use the funds to accelerate development of automation features and integrations with other business tools and to expand its sales and support teams across its five international offices.