Proggio, a Tel Aviv, Israel-based provider of Project Portfolio Management, announced a $7 million in Series A funding.
The round was led by a US-based 2.0 Ventures, with participation from both existing investors Mangrove Capital Partners and Cresson Management.
The funding will enable Proggio to accelerate its operations and growth in the United States and continue to strengthen its enterprise solution.
Company: Project Map Ltd.
Raised: $7.0M
Round: Series A
Funding Month: April 2022
Lead Investors: 2.0 Ventures
Additional Investors: Mangrove Capital Partners and Cresson Management
Company Website: https://www.proggio.com/
Software Category: Project Management Software
About the Company: Proggio™ is a next-generation, adaptive project portfolio management solution for enterprises and mid-market companies. By bringing clarity and simplicity to project portfolio management, Proggio accelerates digital transformation in a segment that is primarily using spreadsheets and presentations. With its unique, adaptive solution, Proggio provides dynamic high-level views for executive managers, project managers, and other stakeholders. The solution was designed to quickly adapt to a change-driven environment, with an unprecedented level of user interface simplicity.
Source: https://www.prnewswire.com/news-releases/proggio-announces-a-7m-series-a-in-a-mission-to-help-fast-paced-digital-businesses-drive-project-portfolio-clarity-and-timeline-collaboration-simplicity-301523905.html