
Scoro raises $1.9m seed funding from Inventure et al.
Inventure, SmartCap and Alchemist Accelerator have led a $1.9m seed round for work management software provider Scoro.
The round was led by Inventure and SmartCap, the investment arm of the Estonian Development Fund, launched in 2007 by the Riigikogu – the Estonian parliament.
The London-based, Estonia-founded startup will use the funding to accelerate the development of its automation software and other business tools, as well as expand its sales and support teams in its five international offices.
Company
Launched in Estonia in 2013, Scoro offers an end-to-end work management platform for professional services firms and creative agencies, aiming at managing workflow and automating tasks.
The platform features calendars, task and project management, quotations, billing, enterprise-level reporting and real-time dashboards, among other functions. Grant Thornton and Sotheby's International Realty are among Scoro's clients.
The startup is headquartered in London, with additional offices in Tallinn and San Francisco.
People
Inventure – Tuomas Konosen (partner).
Alchemist Accelerator – Ravi Belani (founding partner).
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