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Eversheds Sutherland Ots&Co advised Scoro in completing a $16.4 million Series B financing round

  • Estonia
  • General

22-03-2021

Eversheds Sutherland Ots&Co advised Scoro in completing a $16.4 million Series B financing round. Scoro is an Estonian start-up specializing in the creation of work management software. The Eversheds Sutherland team included managing partner Maivi Ots and associate Taavi Kõiv.

The lead investor in the round was Kennet Partners, a leading international growth equity firm. Additional investors include Columbia Lake Partners, which provides investment for growing technology companies, as well as previous investors Inventure, Livonia Partners and Tera Ventures.

The investment moved Scoro into an elite group of Estonian start-ups, which have raised more than $20 million in venture capital, including Skype, Wise, and Bolt.

This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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