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| Industry | Software as a Service (SaaS) |
|---|---|
| Genre | Project Management, Professional Services |
| Founded | 2013 |
| Founder | Fred Krieger |
| Headquarters | London, England |
Area served | Worldwide |
| Products | Professional Services Automation Software |
| Website | www |
Scoro is a software-as-a-service platform for professional services firms, including consultancies, agencies, architecture firms, and IT companies. It provides tools for project management, resource planning, time tracking, billing, and financial reporting. The company is headquartered in London, England, with additional offices in New York, Tallinn, Riga, and Vilnius.1
History
Scoro was founded in 2013, in Tallinn, Estonia, by Fred Krieger.2
In August 2016, Scoro secured $1.9 million in investment capital during its Seed round of funding, which was led by three VCs: Inventure, SmartCap, and Alchemist Accelerator.1 In November 2018, Scoro closed a $5 million Series A round led by Livonia Partners with participation from existing investors Inventure and Tera Ventures.3 The deal brings the total amount raised from investors to $6.9 million.4 In 2021, Scoro raised $16.4 million in a Series B round led by Kennet Partners, with participation from Columbia Lake Partners, Inventure, Livonia Partners, and Tera Ventures.5 In January 2026, Scoro acquired Envoice, an Estonian AI-driven expense and bill management company.6 The acquisition combined Scoro's project management capabilities with Envoice's automated invoice capture and expense approval tooling. Both products continued to operate independently following the transaction.7
The company has been named one of the fastest-growing technology firms in Central Europe by the Deloitte Technology Fast 500.8 Scoro has also been featured on the Inc. magazine's Inc. 5000 list as one of the fastest-growing private companies in America.9 In 2019, Scoro was named as one of the hottest young companies across Europe and Israel by TNW.10
Software
Mobile
Scoro introduced its version 1.0 iOS11 and Android12 application in 2016, allowing users to work from their iPhone or Android devices.
Platform
Scoro is a software-as-a-service platform designed for professional services firms, including consultancies, agencies, architecture firms, and IT companies. It provides tools for project management, resource planning, time tracking, billing, and financial reporting within a single system. This design allows firms to manage work throughout the process without switching between multiple tools.1314
Recognition and awards
2017
2018
- Inc. 5000 fastest-growing companies in America16
- Easiest to Use Business Process Management Software by G217
2019
- Best Software Companies in EMEA by G218
- FrontRunners for Project Management by Software Advice19
- Category leader for Business Management category by GetApp20
- Category leader for Project Management category by GetApp21
- Easiest to Use Business Software by G222
2022
- Global Business Tech Awards: Tech Company of the Year (Medium Size) and Entrepreneur of the Year for CEO Fred Krieger23
References
References
- "Estonian business management software Scoro raises €4.4 million". Superfounders. 2 January 2018. Retrieved 2 January 2018.
- "Workflow software startup Scoro raises $1.9 million seed round". Tech.eu. Retrieved 7 October 2016.
- "Estonian business management software company Scoro raises 4.4 mln euros from investors". The Baltic Course | Baltic States news & analytics. Retrieved 27 September 2019.
- Delova, Gabriela. "Estonian business management software Scoro raises €4.4 Million | SuperFounders". superfounders.com. Retrieved 5 November 2018.
- "Estonian-founded, London-based Scoro raises $16.4 million in Series B round". Tech.eu. 9 March 2021. Retrieved 5 May 2026.
- "Scoro acquires Envoice to close the project cost visibility gap". Tech.eu. 27 January 2026. Retrieved 5 May 2026.
- "Estonian Scoro acquires Envoice to bring real-time cost visibility to professional services firms - ArcticStartup". arcticstartup.com. 2 February 2026. Retrieved 25 June 2026.
- "Technology Fast 50 Central Europe | Deloitte". www2.deloitte.com. Retrieved 5 November 2018.
- "Inc. 5000 2018: America's Top Entrepreneurs". Inc.com. 15 August 2018. Retrieved 5 November 2018.
- "TNW Tech5 2019". TNW Tech5. Retrieved 19 July 2019.
- "Scoro". App Store. Retrieved 5 November 2018.
- "Scoro – Rakendused Google Plays". play.google.com (in Estonian). Retrieved 5 November 2018.
- Manager, The Digital Project. "Scoro Review 2026: Expert Opinion & Full Analysis". The Digital Project Manager. Retrieved 25 June 2026.
- "Estonian business management software company Scoro raises 4.4 mln euros from investors". The Baltic Course | Baltic States news & analytics. Retrieved 27 September 2019.
- "Technology Fast 50 Central Europe 2019". www2.deloitte.com. Retrieved 19 July 2019.
- "Inc. 5000: Meet the Most Inspiring Companies of 2018". Inc.com. 15 August 2018. Retrieved 19 July 2019.
- "Best Business Process Management Software in 2019". G2. Retrieved 19 July 2019.
- "Best Software Companies in EMEA". G2. Retrieved 19 July 2019.
- "Best Project Management Software - 2019 Reviews & Pricing". www.softwareadvice.com. Retrieved 19 July 2019.
- "GetApp's Top Business Management Category Leaders". GetApp. Retrieved 19 July 2019.
- "GetApp's Top Project Management Category Leaders". GetApp. Retrieved 19 July 2019.
- "Best Business Process Management Software in 2019". G2. Retrieved 19 July 2019.
- "2022 Winners". Global Business Tech Awards. Retrieved 23 June 2026.
