Scoro Secures 16M Series B Funding to Drive Growth

Scoro Secures $16.4 Million in Series B: Big Money, Bigger Impact

Scoro, the cheeky work‑management wizard for professional service firms, just pulled in a hefty $16.4 million from a mix of savvy investors. Kennet Partners is the headline investor, but the crowd also includes Columbia Lake Partners, Inventure, Livonia Partners, and Tera Ventures. The cash infusion is slated to turbo‑charge global expansion and unleash new French and Spanish language versions of the platform.

Why the Money? The Real Villains Are the Multiple Tools

Before the pandemic, most service‑biz teams juggled up to a dozen useless apps.
Switching between them destroyed concentration, mixed up data, and caused data duplicates.
Teams are finally getting rid of those “mass‑distraction” weapons thanks to Scoro.

Fred Krieger, Scoro’s founder and CEO, summed it up: “We’re proud to have Kennet and the rest of the crew backing our fight against the chaos.”

Star‑Studded Board Shuffle

The company’s Board now sports fresh faces: Dave Kellogg, an expert SaaS advisor, and Hillel Zidel (Kennet Partners’ Managing Director). Chairman Martin Fincham keeps the helm steady.

“It’s a privilege to sit with such a stellar board,” said Fincham. “We’re thrilled to have Europe’s top B2B SaaS investors cheering us on.”

Zidel added: “Scoro’s a perfect illustration of a high‑growth, founder‑led SaaS company we love to back. Clients are digging the value, and I’m excited to help Scoro dominate the international stage when businesses crave productivity boosts.”

Product Highlights – The Updated Gantt Chart

Scoro’s latest upgrade revamps the classic Gantt chart, which had been stuck in its early‑20th‑century form for ages. With the fresh capital, the team will keep pushing innovations that help service firms punch up productivity and profit.

Covid‑19: A Spark for Change

Kellogg noted that the pandemic rewired work habits. “It’s time to rethink how we do business,” he said. “Platforms like Scoro will help teams collaborate sharp, flexible, and distraction‑free.”