# Project Map

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/project-map

- Industry: Internet
- Headquarters: Kefar Sava, Israel
- Website: www.proggio.com
- Total disclosed funding: $7M
- Latest round: Series A (Dec 23, 2021)
- Investors on record: 3

## About

Project Map Ltd. is a technology company that offers an AI-driven project management platform, focusing on enhancing timeline management and portfolio planning for organizations across various sectors.Founded in 2016 by Yaniv Shor, Project Map Ltd. is headquartered in Kefar Sava, Israel. The company specializes in providing a project management solution aimed at improving organizational efficiency. Project Map has successfully completed two funding rounds, with the latest being a Series A round in December 2021. The company raised USD 7.000 mn in this round, led by 2.0 Ventures, with participation from Mangrove Capital Partners and Cresson Management.Proggio specializes in providing an AI-driven project management platform designed to enhance timeline management and portfolio planning. Their core offerings include Proggio GenAI, ProjectMap timelines, and resource management tools, all aimed at transforming project goals into clear, actionable steps. The platform features three dynamic views—Timeline view for execution, Board view for strategic oversight, and List view for task clarity—allowing teams to seamlessly collaborate and maintain focus on their objectives. Proggio’s products cater to a diverse client base, including project management professionals across various sectors such as IT, biotech, and engineering. The platform is utilized not only by individual project managers but also by teams in leading companies globally, enhancing their project execution and decision-making processes. Proggio's solutions are marketed primarily in North America, Europe, and select regions in Asia, effectively addressing the needs of organizations seeking streamlined project management.Proggio operates a subscription-based revenue model, offering various plans that cater to different organizational needs, including options for teams, PMOs, and executives. The company's transactions typically involve direct B2B engagements, where clients subscribe to the platform to access its suite of project management tools. Specific pricing plans are structured to provide value through features such as task management, budget oversight, and real-time insights, enabling clients to manage project costs effectively. Proggio emphasizes the deployment of its flagship products—such as the Proggio GenAI and ProjectMap timelines—within these subscription packages, thereby facilitating long-term engagements with clients who aim to improve their project outcomes.In April 2022, Project Map Ltd. raised USD 7.000 mn in Series A funding to enhance its operations and growth in the United States, as well as to further develop its enterprise solution. The company plans to expand its focus on new product offerings and strengthen its market presence in North America and Europe.

## Funding rounds

- Series A, Dec 23, 2021, $7M — Mangrove Capital Partners, Cresson Management, 2.0 Ventures

## Investors

- Mangrove Capital Partners (https://capitalatlas.ai/funds/mangrove-capital-partners) — Series A
- Cresson Management (https://capitalatlas.ai/funds/cresson-management) — Series A
- 2.0 Ventures (https://capitalatlas.ai/funds/2-0-ventures) — Series A