About Tiimo
Tiimo is a company based in Copenhagen (Denmark) founded in 2015 by Helene Lassen Nørlem and Melissa Azari.. Tiimo has raised $5.99 million across 7 funding rounds from investors including European Union, Crowberry Capital and People Ventures. The company has 19 employees as of November 30, 2024. Tiimo operates in a competitive market with competitors including GT Independence, Asha AI, Myneva, Auticiel and moio.care, among others.
- Headquarter Copenhagen, Denmark
- Employees 19 as on 30 Nov, 2024
- Founders Helene Lassen Nørlem, Melissa Azari
- Stage Minicorn
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Tiimo A/S
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Annual Revenue
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Net Profit
$-435.97 K (USD)12as on Dec 31, 2021
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EBITDA
$-545.65 K (USD)17as on Dec 31, 2021
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Total Equity Funding
$5.99 M (USD)
in 7 rounds
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Latest Funding Round
$1.56 M (USD), Seed
Aug 27, 2024
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Investors
European Union
& 9 more
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Employee Count
19
as on Nov 30, 2024
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Funding Insights of Tiimo
Tiimo has successfully raised a total of $5.99M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $1.56 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Seed — $1.6M
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First Round
First Round
(10 Oct 2017)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Seed - Tiimo | Valuation | Crowberry Capital , People Ventures | |
| Jul, 2022 | Amount | Seed - Tiimo | Valuation | Crowberry Capital | |
| Mar, 2020 | Amount | Seed - Tiimo | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tiimo
Tiimo has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include European Union, Crowberry Capital and People Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A Nordic venture capital firm investing in tech startups.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tiimo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Tiimo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tiimo Comparisons
Competitors of Tiimo
Tiimo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GT Independence, Asha AI, Myneva, Auticiel and moio.care, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides tools for managing long-term care, hiring caregivers, and handling paperwork.
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| domain | founded_year | HQ Location |
Remote elder care is enabled via application for family members.
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| domain | founded_year | HQ Location |
Software solutions for disabled and elderly healthcare are provided.
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| domain | founded_year | HQ Location |
Online software tools are provided for individuals with special needs.
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| domain | founded_year | HQ Location |
Digital care assistant device and app to detect emergency situations
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Tiimo
When was Tiimo founded?
Tiimo was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Tiimo located?
Tiimo is headquartered in Copenhagen, Denmark.
Is Tiimo a funded company?
Tiimo is a funded company, having raised a total of $5.99M across 7 funding rounds to date. The company's 1st funding round was a Seed of $272.92K, raised on Oct 10, 2017.
How many employees does Tiimo have?
As of Nov 30, 2024, the latest employee count at Tiimo is 19.
What does Tiimo do?
Tiimo was established in 2015 in Copenhagen, Denmark, within the edtech sector focused on child development tools. A mobile application is offered for parents to schedule daily activities, with interactive guidance provided to children via vibrations and visual countdowns. Customization is enabled using emojis and icons, while calendar synchronization ensures compatibility across smartphones and smartwatches. The app is distributed through the App Store and Google Play Store.
Who are Tiimo's investors?
Tiimo has 10 investors. Key investors include European Union, Crowberry Capital, People Ventures, The Inner Foundation, and We Are Human.
What is Tiimo's valuation?
The valuation of Tiimo is $8.95M as of Jul 2022.
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