Rodeo, an Amsterdam, The Netherlands-based cloud-native project management software provider with a focus on creative services companies, received a strategic growth investment from PSG.
The amount of the deal was not disclosed.
Following the transaction, Rodeo will continue to be led by its existing management team and will work in partnership with PSG and existing investors in seeking to accelerate its growth through increased GTM investment and geographical expansion. PSG will also support Rodeo in implementing a focused buy-and-build strategy to acquire additional products that support the core workflows of creative services companies to create a comprehensive cloud suite of software solutions.
Founded in 2016 by CEO Pieter Vos, Rodeo offers an all-in-one project management software that optimizes the workflows of creative services companies by harmonizing planning, administration and reporting processes. The company’s solution covers the entire project lifecycle, seamlessly connecting each step of the process from the budget to estimate, planning, time-tracking, invoicing and reporting.
Rodeo serves a significant customer base including marketing and advertising agencies, design and architecture firms, media companies and other creative organizations across The Netherlands, US, Germany and UK, and today has a presence in the US with offices in New York and Atlanta.
FinSMEs
25/07/2022