Scoro, a London, UK-based provider of a work management software platform for professional service businesses, closed a $16.4m Series B funding.
The round was led by Kennet Partners with participation from Columbia Lake Partners, Inventure, Livonia Partners and Tera Ventures. In addition to the funding, Dave Kellogg, an experienced SaaS advisor, joined Scoro’s Board of Directors along with Kennet Partners’ Managing Director Hillel Zidel.
The company intends to use the funds for continued global expansion and creation of innovative tools which enable professional service businesses to improve their productivity and profitability.
Led by Founder and CEO Fred Krieger, Scoro is a work management software platform for collaborative teams in the professional services and creative industries to boost productivity and profitability,
The company has additional offices in Tallinn and New York.