Scoro to get involved in a $16.4 million Series B funding round led by Kennet Partners.
Scoro, Talinn, Estonia-based SAAS developer of work management solutions, announced securing $16.4 million in Series B funding round
Hillel Zidel from Kennet Partners will join the Board of Directors, alongside Dave Kellogg who chairs from the San Francisco Bay area. Martin Fincham, Partner at The Gorilla Factory continues to lead the Board of Directors as Scoro’s Chairman.
Proceeds will be used for geographical expansion.
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.
Prior to this deal, the company raised about $7 million, with a last round of $5M in 2018.