Scoro

Scoro is a business management platform designed for professional services companies — agencies, consultancies, and service firms — providing project management, resource planning, time tracking, billing, and financial reporting in a single integrated system that connects the work being done with the business outcomes generated. Founded in 2013 and headquartered in London and Tallinn, Estonia, Scoro has raised approximately $17 million and serves over 1,000 agencies and professional services companies globally who need visibility from project activity through to profitability.\n\nScoro's platform is built around the project profit model — connecting scoped work (tasks, milestones, resource assignments) to financial outcomes (billable hours, expenses, margins, invoicing). Project managers can see real-time budget burn versus actual progress, ensuring projects stay profitable. Resource planners can view the entire team's capacity and allocate work hours to projects, preventing overutilization. The CRM component tracks opportunities and converts won deals into projects without data re-entry, maintaining the sales-to-delivery handoff in a single system.\n\nIn 2025, Scoro competes in the professional services automation (PSA) market for agencies against Productive.io, Teamwork, Kantata (Mavenlink), and Forecast for integrated agency project and financial management. The PSA market for agencies is mid-sized but high-intent — agencies seeking PSA tools are typically outgrowing disconnected tools (Asana for projects, Harvest for time tracking, QuickBooks for billing) and need integration. Scoro's differentiator is its complete financial management integration — not just time tracking and project management but full P&L visibility at the project and client level. The 2025 strategy focuses on growing North American agency adoption, deepening its financial reporting capabilities, and adding AI-powered utilization and profitability forecasting.