Teamwork.com

Emerging#15 in Productivity & Collaboration

Cork Ireland project management platform for agencies at $83.3M revenue with client portals and time tracking for 20K+ customers; $100M raised competing with Asana and Monday.com for professional services project management.

Team Collaboration & Project Management
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Customers
20K

Company Overview

About Teamwork.com

Teamwork.com is a Cork, Ireland-based project management and client collaboration platform — privately funded with $100 million raised — providing marketing agencies, professional services firms, consultancies, and other client-facing businesses with project management, time tracking, resource planning, client portals, and team communication in a unified platform that generated $83.3 million in revenue in 2024 serving 20,000+ customers with a 350+ person global team. Founded in 2007 by Peter Coppinger and Daniel Mackey, Teamwork.com differentiates from generic project management tools (Asana, Monday.com) through its client-centric feature architecture — the customer portal (giving external clients transparent project visibility), client-specific billing and budget tracking, and agency-optimized retainer management that matches how professional services firms actually operate.

Business Model & Competitive Advantage

Teamwork.com's platform covers the agency and professional services operational lifecycle: project setup and planning (task lists, milestones, Gantt charts, dependencies), time tracking against tasks and budgets (ensuring billable hours are captured accurately for client invoicing), resource management (seeing team utilization across projects to prevent over-allocation), and client communication (combining project updates, file sharing, and messaging in the client portal so external clients don't need a separate communication channel). The Teamwork product suite extends the core with Teamwork Chat (team messaging comparable to Slack), Teamwork Desk (helpdesk ticketing for client support), and Teamwork Spaces (documentation wiki) — enabling agencies to consolidate multiple tools into a single platform ecosystem. HubSpot and Slack integrations connect Teamwork to the CRM and communication tools that agencies use alongside project management.

Competitive Landscape 2025–2026

In 2025, Teamwork.com competes in the project management and professional services automation market with Asana (NYSE: ASAN, $689M revenue), Monday.com (NASDAQ: MNDY, $960M revenue), and Wrike (acquired by Citrix/Semaphore Capital) for team project management adoption, and more specifically with Harvest (time tracking), Birdview PSA (professional services), and Accelo (professional services automation) for agency-specific platform features. The $100M funding supports continued product development and go-to-market expansion — Teamwork.com has remained founder-led and profitable-focused rather than high-burn growth, enabling sustainable revenue expansion. The professional services automation market is growing as agencies and consultancies face margin pressure from increasing labor costs and client expectations for real-time project visibility. The 2025 strategy focuses on growing the US market (where Teamwork.com has been expanding from its Irish headquarters), building the AI project analysis features (budget risk prediction, timeline optimization), and deepening the financial services integration for client billing workflows.

Revenue
$83.3M
Customers
20K
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Key Differentiators

Emerging Innovator

Teamwork.com is an emerging player bringing innovative solutions to the Productivity & Collaboration market.

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