Backed to take on the world

This new investment brings Projectworks’s total funding to more than $20M USD, making it a massive milestone for our company - and the 600+ firms who use our software. This new funding reflects a belief that nimble, expert-led consulting firms — armed with the right tools — can take on the world.

Our new US-based investor Ten Coves Capital comes with a stellar track record of backing and scaling high-growth start-ups, and we’re excited to have them backing our mission.

“It’s a good time to challenge the status quo. With the latest advances in project intelligence, specialists with lean teams and deep experience can go toe-to-toe with larger firms — and win. Projectworks is the first end-to-end solution built for consultants from the ground up. It breaks down silos that get in the way of growth, and gives firms the tools to bid for and manage projects from a position of strength. Having backed Mark Orttung when he served as president of BILL, we are thrilled to reunite with him and support his team as they break new ground in the professional services automation space.”
Steve Piaker, Managing Partner, Ten Coves Capital.

We’re excited to welcome Steve to our board of directors, knowing his insights will help us build a better business, and a smarter platform, for our customers.

Coded by consultants, for consultants

Born in New Zealand in 2019, Projectworks was created by consultants who saw first-hand how project chaos kills consultancies. Since then we’ve helped hundreds of consulting firms grow, and seen massive 140% compound annual revenue growth ourselves. This growth journey kicked up a gear in 2024 in our opening new headquarters in Silicon Valley and our appointment of CEO Mark Orttung.

“Consultants are solving some of the world’s hardest and most important problems, yet they often shortchange key areas like resource planning, profitability, time sheets and invoicing. If you don’t nail the basics, nothing else matters. You can’t scale. You can’t make a profit. And most importantly, you can’t serve your clients, employees, or shareholders. That’s what makes Projectworks so special. By eliminating project chaos, we help firms focus on work that makes a real difference in people’s lives.” 
Mark Orttung, CEO, Projectworks

1 billion hours by 2030

This investment won’t just be backing our future - it’ll be backing our customers' futures too. The funding will unlock AI-powered upgrades to the most boring things on every consultant’s to-do lists, including timesheets, proposals and quotes. Our mission is to unleash a billion hours a year of consulting brain power on the work that truly matters, and this funding gets us so much closer.

“Projectworks completely transformed how we manage projects. It was quick to set up, intuitive to use, and immediately gave us a single source of truth for all our projects. Within days, we were syncing teams across countries, tracking progress in real time, and making faster, more confident decisions. It’s been a game-changer for our US expansion and beyond.”
Christian Nolden, President of Groundline Engineering, USA

“We’ve been growing like crazy the last few years, and it’s reassuring to know Projectworks understands the challenges of firms like ours. It doesn’t force you into a particular way of doing things. I love how it integrates with our accounting software, because it makes hiring so much easier. No matter where you are, you can always find someone who knows how to run Quickbooks.”
Marc Foster, Vice President at Cypress Environment and Infrastructure.

From one win to another

This funding round follows our recent win at the Hi-Tech Awards as Emerging Company of the Year - another nod to the trust our customers have placed in us and the hard work of our team.

As our co-founder and president, Matthew Hayter, puts it:

“The future of NZ tech is bright and I’ve never been as optimistic as I am now. Sure, there are challenges and headwinds, but if there's one thing the last four years have taught me, it's that the world isn’t run by the smartest or best people - it’s run by the people who keep showing up. With Projectworks, I know we’re just getting started.”
Matthew Hayter, Co-Founder and President, Projectworks

To every consultant across the globe who’s put their trust in us so far - thank you. Let’s keep building what’s next, together.