Tech Company Financing Transactions
Projectworks Funding Round
On 6/3/2025, Projectworks raised $12 million in Series A investment from Ten Coves Capital, Bridgewest Group and Punakaiki Fund.
Transaction Overview
Company Name
Announced On
6/3/2025
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
Proceeds Purpose
The round intends to use the funds to expand its product development, go-to-market, and customer success teams.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1825 South Grant Street 200
San Mateo, CA 94402
USA
San Mateo, CA 94402
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Projectworks began as a simple in-house time tracking tool, created by co-founder Doug Taylor to meet a pressing need within his professional services firm, Provoke. By 2011, Julian Clarke, a keen problem solver at Provoke, recognized the potential to evolve Doug's software into something greater. He expanded its capabilities to support Provoke's rapid growth, and the first iteration of what would become Projectworks was born.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Orttung
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