Scoro secured $5.2m in Series A funding from Livonia Partners, with participation from Inventure and Tera Ventures.

Scoro, a Tallin, Estonia-based provider of a business management platform, raised $5.2m in Series A funding.

The round was led by Livonia Partners, with participation from Inventure and Tera Ventures.

The funds will be used to expand its New York and London offices and develop the platform’s deep integrations and machine learning capabilities.

Scoro, founded in 2013 by CEO Fred Krieger, developed an end-to-end business management solution that allows professional and creative services to control their entire workflow from one place. It allows users to streamline work and eliminate routine tasks to ensure a business runs as efficiently as possible – from sales right through to billing.
Features include calendaring, task and project management, quoting and billing, enterprise-level reporting and a real-time dashboard.

The company currently employs a team of 65, across offices in New York, London, and the Baltics (Tallin, Riga and Vilnius).