Projectworks, Inc.
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Projectworks, Inc. - overview
Established
2017
Location
Wellington, -, New Zealand
Primary Industry
Software
About
Founded in 2017 and based in New Zealand, Projectworks, Inc. operates as a developer of professional services automation (PSA) software platform offering an integrated solution that connects various business tools, offering real-time visibility into project performance, team productivity, and financial health. Mark Orttung is leading the firm as CEO as of 2024. In June 2025, Projectworks, Inc.
raised USD 12 million in series A1 funding led by Ten Coves Capital, with participation from 2040 Ventures, BridgeWest, and other unspecified investors. Projectworks offers a suite of tools tailored to the needs of professional services firms. Key features include time tracking, budgeting, resource planning, invoicing, reporting, and forecasting. The platform integrates with tools such as Xero, QuickBooks, and Salesforce, allowing data flow between business operations.
Projectworks is designed to help businesses manage the full lifecycle of a project, from initial planning to invoicing and payment. Projectworks generate revenue through subscription-based pricing models for its software platform. It charges USD 33. 3 per user per month.
The company will use the June 2025 funding to expand its go-to-market and customer success teams and accelerate its product development efforts.
Current Investors
BridgeWest, 2040 Ventures, Snowball Effect
Primary Industry
Software
Sub Industries
Accounting/Finance Software, Analytics & Performance Software, Application Integration Software
Website
www.projectworks.io/
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Series A
Total Amount Raised
Subscriber access only
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