Total Synergy, a Sydney, Australia-based project management software provider for architecture and engineering (A&E) practices, has secured a strategic growth investment.
Investors
The investment comes from M33 Growth and PSG, two renowned growth equity firms.
M33 Growth is a Boston-based venture and growth-stage investment firm that partners with bootstrapped companies poised for rapid scaling. With expertise in sales, marketing, acquisitions, and product development, M33 seeks to invest in companies in the software, healthcare, and services sectors across North America.
PSG is a growth equity firm supporting software and tech-enabled services companies through transformational growth and strategic opportunities. Since 2014, PSG has backed over 140 companies and 500 add-on acquisitions, leveraging deep expertise and collaboration with management teams. It operates from offices in Boston, Kansas City, London, Paris, Madrid, and Tel Aviv.
Total Synergy Use of Funds
The funds will drive innovation in Total Synergy’s software, expand its global market presence, enhance platform reliability, support best practices for architecture and engineering firms, and grow its team.
About Total Synergy
Founded in 1999 by Scott Osborne and led by new CEO Kane Hochster, Total Synergy specializes in business management software and solutions for Architecture, Engineering, and Construction (AEC) businesses. From resource planning and project tracking to invoicing and reporting, Total Synergy provides AEC firms with software that simplifies complex tasks, helping professionals focus on delivering remarkable project outcomes. It is headquartered in Sydney, Australia, with offices in the United Kingdom and the USA.
Funding Details
Company: Total Synergy Pty Ltd
Raised: Undisclosed
Round: Growth
Funding Date: November 2024
Investors: M33 Growth, PSG
Company Website: https://totalsynergy.com/
Software Category: Business and Project Management
Source: https://www.prnewswire.com/news-releases/total-synergy-secures-strategic-investment-from-m33-growth--psg-302306148.html