Projectworks offers an all-in-one cloud-based PSA platform that integrates time tracking, invoicing, real-time resourcing, forecasting, reporting, and financial management tailored for professional services like consulting, engineering, architecture, and software development. Its core value lies in helping organizations maximize billable work, minimize project risk, and streamline project delivery across teams and geographies.
Founded in New Zealand, Projectworks started as an internal time-tracking solution at Provoke, then evolved into a market-facing product in 2016 under the leadership of Julian Clarke, Matthew Hayter, and Doug Taylor. After a public launch in 2019, it expanded rapidly throughout New Zealand, Australia, the US, Canada, and the UK, reflecting strong adoption in the global mid-market professional services sector.
Projectworks completed a notable Series A round in 2024, raising US$5 million (NZ$8.2 million) led by Bridgewest Group with participation from existing investors, including Punakaiki Fund and its founders. This round, combined with earlier seed funding, brings the company’s valuation to over US$100 million (NZ$160 million) and is fueling investment in R&D, international expansion, and new product development.
Projectworks provides a comprehensive PSA suite featuring:
Timesheet management, expense tracking, and real-time team resourcing
Revenue forecasting, automated invoicing with deep accounting integration, and advanced reporting/analytics
Portfolio and project management, budgeting, leave/absence tracking, custom dashboards, and integrations with platforms like Xero, QuickBooks, Jira, DevOps, and Salesforce
The latest product developments emphasize predictive analytics, AI automation, deeper ecosystem integration, and expanded workflow support for international clients. Recent funding is accelerating the roll-out of new features and the establishment of a Silicon Valley-based engineering team.
Projectworks promotes a collaborative, supportive culture shaped by its founders’ consulting roots. The company is customer-driven, emphasizing innovation, transparency, and a commitment to building long-term partnerships with clients by continuously reinvesting in product and support teams.
With over 500+ companies worldwide relying on Projectworks, the user base includes engineering, architecture, software, and management consulting firms. The company fosters an active expert community through educational content, industry insights, direct user feedback loops, and responsive support, ensuring high customer advocacy and shaping the platform’s roadmap.
Projectworks
By Spiderworks Limited
