What is BigTime Software?
Founded in 2002 and headquartered in Chicago, BigTime Software provides specialized practice management software tailored for professional services firms. The company's platform is engineered to address the unique operational requirements of consultants, including those in accounting, engineering, architecture, and IT services. By automating critical workflows such as time tracking and invoicing, BigTime enables growing firms to enhance operational efficiency and improve profitability. Its market position is defined by a deep understanding of the professional services lifecycle, allowing it to deliver industry-specific solutions that drive measurable business outcomes.
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 Runa Capital, Geneva Advisors, and Long Term Care partners,LLC.
Private Equity (2014): $413K supported by Runa Capital
Series B (2019): $14M featuring Massachusetts Mutual Life Insurance, Wavecrest Growth Partners, and Migration Capital
Private Equity (2022): $100M backed by Vista Equity Partners
Key Investors in BigTime Software
Vista Equity Partners
Vista is a leading global investment firm that exclusively invests in enterprise software, data, and technology-enabled organizations, prioritizing the creation of enduring market value.
Massachusetts Mutual Life Insurance
MassMutual Ventures is a venture capital firm focusing on early-to-growth stage investments in cybersecurity, healthtech, and enterprise SaaS sectors.
Wavecrest Growth Partners
Wavecrest Growth Partners is a growth equity firm specializing in B2B software and technology-enabled services, providing both capital and operational expertise to scale companies.
What's next for BigTime Software?
With the support of major enterprise-level funding, BigTime Software is well-positioned to accelerate its product innovation and expand its market footprint. The strategic focus will likely center on deepening the integration of its software within the broader enterprise SaaS ecosystem, potentially through enhanced data analytics and AI-driven insights. As the firm scales, it will continue to prioritize the development of robust, scalable infrastructure to support its growing client base, ensuring that its practice management tools remain at the forefront of the industry. The recent capital injection provides the necessary runway to pursue aggressive growth initiatives and solidify its competitive advantage in an increasingly digitized professional services landscape.
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