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Projectworks

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Run a More Profitable, Scalable Firm

San Mateo, United StatesFounded 2017Other B2B Software
Valuation $50–100M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Projectworks and the history behind them.

About Projectworks

Projectworks is professional services automation software that helps consulting firms grow.

As a project intelligence platform, Projectworks connects time tracking, expense tracking, resource management, invoicing, and financial reporting in one live system. It gives you the visibility to see what’s working, fix what’s not, and scale your firm with confidence.

The team behind our project intelligence platform has 150+ years of collective experience in professional services. These days, our software is used and loved by 20,000+ consultants across 56 countries, who have invoiced $3 billion within the platform. On average, Projectworks customers grow by 20% in their first year of use.

Integrated Time Tracking Software That Enables Smarter Resourcing and Billing: Projectworks time tracking software brings your time and expenses into one accurate, connected system. Say goodbye to costly, non-billable admin and make smarter resourcing and billing decisions.

Resource Management Software That Makes Capacity Planning Crystal Clear: Projectworks resource management software lets you accurately plan your capacity, prevent utilization guesswork, and keep your projects on time and budget.

Invoicing Software That Connects Time, Expenses, and Billing Data Seamlessly: Projectworks invoicing software eliminates disconnected systems and costly finance admin, improving invoice accuracy, controlling WIP, and improving your cash flow.

Live and Accurate Project Management Reporting That Keeps Every Project Profitable: Projectworks delivers project management reporting that’s designed for professional services firms. You’ll get access to live WIP reports, utilization rate, margins, project financial reporting, and real-time dashboards that help you keep your projects and profitability healthy.

Want to see how Projectworks can accelerate your firm's profitability and growth? Speak to an expert at https://projectworks.com/book-a-demo.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
San Mateo, United States
Employees
75
Open positions
None listed
Dealroom signal
82.4/100
Industry
Enterprise Software
Sector
Other B2B Software, NZ tech startup
Business model
SaaS
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jun 2025 $13M $52M Punakaiki Fund · Bridgewest Group · Ten Coves Capital ↗
SERIES A✓Equity / VC Oct 2024 $5.3M $65M Punakaiki Fund · Mark Orttung · Artlung · Bridgewest Group ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Projectworks website traffic

Latest recorded traffic for Projectworks is 20K monthly website visits, down 52.4% over the last three months. Projectworks's team declined 1.3% over the past year.

Latest monthly visits20K 3-month web change-52.4% 1-year team growth-1.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • Punakaiki Fund
  • Snowball Effect

Series A4 investors entered at this stage

  • Bridgewest Group
  • Mark Orttung
  • Artlung
  • Ten Coves Capital
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇳🇿 New Zealand69%
🇺🇸 United States20.7%
🇵🇭 Philippines3.5%
🇬🇧 United Kingdom3.5%
🇮🇳 India1.7%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Projectworks on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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