Ten Coves Capital Leads Series A Growth Investment in Projectworks

June 3, 2025

Projectworks raised an additional $12M to its Series A led by new investor Ten Coves Capital, with existing backers Bridgewest Group and Punakaiki Fund participating, bringing total funding to more than $20M. The growth capital will be used to expand product development (including generative AI capabilities), go-to-market and customer success teams, and to grow headcount as Projectworks accelerates expansion in North America and other global markets.

Buyers
Ten Coves Capital, Bridgewest Group, Punakaiki Fund
Targets
Projectworks
Industry
Cloud & SaaS
Location
California, United States
Transaction Type
Growth capital

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