What is BigTime Software?
Founded in 2002 and headquartered in Chicago, IL, BigTime Software, Inc. specializes in developing practice management tools tailored for professional services firms. Their solutions are designed to assist businesses in tracking, managing, and invoicing time effectively. The company's award-winning, industry-specific software caters to a diverse range of consultants, including those in accounting, engineering, architecture, and IT services, positioning it as a key player in the professional services automation market.
How much funding has BigTime Software raised?
BigTime Software has raised a total of $119.2M across 5 funding rounds:
Private Equity
$2.1M
Series A
$2.7M
Private Equity
$413K
Series B
$14M
Private Equity
$100M
Private Equity (2011): $2.1M, investors not publicly disclosed
Series A (2011): $2.7M led by Geneva Advisors, Long Term Care partners,LLC., and Runa Capital
Private Equity (2014): $413K supported by Runa Capital
Series B (2019): $14M featuring Migration Capital, MassMutual Ventures, and Wavecrest Growth Partners
Private Equity (2022): $100M backed by Vista Equity Partners
Key Investors in BigTime Software
Vista Equity Partners
Vista Equity Partners is a leading global investment firm exclusively focused on enterprise software, data, and technology-enabled organizations. They bring a strategic approach to creating enduring market value through their Vista's investments are anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions and proven, flexible management techniques that drive sustainable growth.
Migration Capital
Migration Capital is a private investment company focused on sectors positioned for innovative disruption and exponential growth, such as Biotech. They operate with an opportunistic approach, leveraging long-term relationships with sector specialists and a permanent capital base.
MassMutual Ventures
MassMutual Ventures is a venture capital investment firm that primarily invests in cybersecurity, healthtech, and enterprise SaaS. Established in 2014, the firm is based in Boston, Massachusetts.
What's next for BigTime Software?
The substantial enterprise-level funding, particularly the recent strategic investment, indicates BigTime Software is poised for significant scaling and market expansion. This capital infusion will likely fuel product development, enhance sales and marketing efforts, and potentially support strategic acquisitions. The company's focus on practice management for professional services firms suggests continued growth within this niche, aiming to capture a larger share of the market by offering robust and specialized tools.
See full BigTime Software company page
