What does Projectworks do?
Projectworks is a San Mateo-based provider of a project intelligence platform that offers professional services automation software, connecting a diverse ecosystem of engineers, architects, software, and management consultants.
How much did they raise?
The Series A round raised $12M, led by Ten Coves Capital with participation from Bridgewest Group and Punakaiki Fund, bringing the total funding to over $20M.
What are their plans for the money?
The company plans to use the new capital to expand its product development, enhance its go-to-market strategy, and grow its customer success teams, which could significantly improve service delivery for consulting firms.
What have they achieved so far?
Projectworks has already achieved notable success by supporting over 15,000 professionals worldwide, aiding consulting firms to focus on the work that drives growth.