BigTime Software Inc is a Chicago, IL- and Phoenix, AZ-based that provider of cloud-based software for professional firms. The company recently received a raise of $100 million in strategic growth investment. The investment round was led by Vista Equity Partners. The existing investors Wavecrest Growth Partners will retain a stake. The other stakeholders include the Company’s founder, Brian Saunders, and some other stakeholders.
Founded in the year 2002, BigTime Software is a private equity-funded company that is committed to helping its customers run professional services firms with more efficiency. The company has recorded around $4 billion (USD) of billable time each year. The SaaS-based product offered by the company is custom-built for the professional services industry. The project management software of BigTime is top-rated and can effortlessly amplify profits and productivity. The powerful, simple-to-use software can help architects, engineers, accountants, and consultants. The versatile project management app adapts to the business module of the enterprise, as well as integrates with Quickbooks Online or Quickbooks Desktop. Project budgeting and planning systems are backed by reporting and analytics. The smart system negates the guesswork from utilization, capacity planning, and project profitability.
The fresh funds will be used to speed up innovation and improve product development. The company even aims at driving its recruitment efforts, especially for BigTime’s Chicago and Phoenix offices. Along with this, enhancing bolster customer sales and support is also in the plan.
BigTime Software, led by Brian Saunders, the founder and CEO is dedicated to developing practice management tools. The tools are aimed at helping in the growth of professional services firms. The platform makes tracking, management, and invoicing easier as well as effective. The solutions offered by BigTime are specifically designed for consultants of all stripes including engineering, accounting, IT services, and architecture. As of now, the tools are used by more than 2,300 professional services firms.