Scoro

Software company

Scoro Software OÜ

Industry| Software as a Service (SaaS)
Genre| Project Management, Professional Services
Founded| 2013
Founder| Fred Krieger
Headquarters| London, United Kingdom

Area served

| Worldwide
Products| Business management software
Website| www.scoro.com

Scoro is a software-as-a-service solution[buzzword] for professional and creative services. The all-in-one business management software combines project management with time and team management, sales, billing, and professional services automation.[1] The company has offices in London, New York, Tallinn, Riga, and Vilnius.[2]

## History

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Scoro was founded in 2013, in Tallinn, Estonia.[3]

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.[2] In November 2018, Scoro closed a $5 million Series A round led by Livonia Partners with participation from existing investors Inventure and Tera Ventures.[4] The deal brings the total amount raised from investors to $6.9 million.[5]

The company has been named one of the fastest growing technology firms in Central Europe by the Deloitte Technology Fast 500.[6] Scoro has also been featured on the Inc. magazine's Inc. 5000 list as one of the fastest-growing private companies in America.[7] In 2019, Scoro was named as one of the hottest young companies across Europe and Israel by TNW.[8]

## Software

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### Mobile

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Scoro introduced its version 1.0 iOS[9] and Android[10] application in 2016, allowing users to work from their iPhone or Android devices.

## Recognition and awards

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### 2017

[edit]

* Technology Fast 50 by Deloitte[11]

### 2018

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* Inc. 5000 fastest-growing companies in America[12]
* Easiest to Use Business Process Management Software by G2[13]

### 2019

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* Best Software Companies in EMEA by G2[14]
* FrontRunners for Project Management by Software Advice[15]
* Category leader for Business Management category by GetApp[16]
* Category leader for Project Management category by GetApp[17]
* Easiest to Use Business Software by G2[18]

## References

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1. ^ Gage, Deborah (23 August 2016). "WSJ Pro Venture Capital". Wall Street Journal. ISSN 0099-9660. Retrieved 7 October 2016.
2. ^ a b "Estonian business management software Scoro raises €4.4 million". Superfounders. 2 January 2018. Retrieved 2 January 2018.
3. ^ "Workflow software startup Scoro raises $1.9 million seed round". Tech.eu. Retrieved 7 October 2016.
4. ^ "Estonian business management software company Scoro raises 4.4 mln euros from investors". The Baltic Course | Baltic States news & analytics. Retrieved 27 September 2019.
5. ^ Delova, Gabriela. "Estonian business management software Scoro raises €4.4 Million | SuperFounders". superfounders.com. Retrieved 5 November 2018.
6. ^ "Technology Fast 50 Central Europe | Deloitte". www2.deloitte.com. Retrieved 5 November 2018.
7. ^ "Inc. 5000 2018: America's Top Entrepreneurs". Inc.com. 15 August 2018. Retrieved 5 November 2018.
8. ^ "TNW Tech5 2019". TNW Tech5. Retrieved 19 July 2019.
9. ^ "Scoro". App Store. Retrieved 5 November 2018.
10. ^ "Scoro – Rakendused Google Plays". play.google.com (in Estonian). Retrieved 5 November 2018.
11. ^ "Technology Fast 50 Central Europe 2019". www2.deloitte.com. Retrieved 19 July 2019.
12. ^ "Inc. 5000: Meet the Most Inspiring Companies of 2018". Inc.com. 15 August 2018. Retrieved 19 July 2019.
13. ^ "Best Business Process Management Software in 2019". G2. Retrieved 19 July 2019.
14. ^ "Best Software Companies in EMEA". G2. Retrieved 19 July 2019.
15. ^ "Best Project Management Software - 2019 Reviews & Pricing". www.softwareadvice.com. Retrieved 19 July 2019.
16. ^ "GetApp's Top Business Management Category Leaders". GetApp. Retrieved 19 July 2019.
17. ^ "GetApp's Top Project Management Category Leaders". GetApp. Retrieved 19 July 2019.
18. ^ "Best Business Process Management Software in 2019". G2. Retrieved 19 July 2019.