About Timefold
Timefold is a company based in Ghent (Belgium) founded in 2023 by Geoffrey De Smet and Maarten Vandenbroucke.. Timefold has raised $8.87 million across 2 funding rounds from investors including Lakestar and SmartFin. Timefold offers products and services including PlanningAI, Field Service Routing, and Employee Shift Scheduling. Timefold operates in a competitive market with competitors including Wing Cloud, Laszlo Systems, 8th, Perl and Tsumobi, among others.
- Headquarter Ghent, Belgium
- Founders Geoffrey De Smet, Maarten Vandenbroucke
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Timefold Bv
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$8.87 M (USD)
in 2 rounds
-
Latest Funding Round
$6.7 M (USD), Series A
Sep 17, 2024
-
Investors
Lakestar
& 1 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Timefold
Timefold offers a comprehensive portfolio of products and services, including PlanningAI, Field Service Routing, and Employee Shift Scheduling. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI tool for real-time scheduling and routing solutions
Optimizes routes to maximize productivity and minimize travel
Balances shifts for efficient resource allocation in teams
Unlock access to complete
Funding Insights of Timefold
Timefold has successfully raised a total of $8.87M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.7 million completed in September 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 2
- Last Round Series A — $6.7M
-
First Round
First Round
(29 Mar 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series A - Timefold | Valuation | Lakestar | |
| Mar, 2023 | Amount | Seed - Timefold | Valuation | SmartFin |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Timefold
Timefold has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Lakestar and SmartFin. 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 |
|---|---|---|---|---|
|
Venture capital investment firm
|
Founded Year | Domain | Location | |
|
Growth-stage tech investments in Europe are managed by SmartFin.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Timefold
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Timefold
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Timefold Comparisons
Competitors of Timefold
Timefold 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 Wing Cloud, Laszlo Systems, 8th, Perl and Tsumobi, 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 |
Cloud applications are developed, deployed, and tested on the platform.
|
|
| domain | founded_year | HQ Location |
Rich Internet applications are developed using the OpenLaszlo platform.
|
|
| domain | founded_year | HQ Location |
Develops programming languages to support application development.
|
|
| domain | founded_year | HQ Location |
General-purpose programming is enabled by the open-source Perl language.
|
|
| domain | founded_year | HQ Location |
It serves as a send application updates on the fly.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Timefold
Frequently Asked Questions about Timefold
When was Timefold founded?
Timefold was founded in 2023.
Where is Timefold located?
Timefold is headquartered in Ghent, Belgium. It is registered at Ghent, East Flanders, Belgium.
Who is the current CEO of Timefold?
Maarten Vandenbroucke is the current CEO of Timefold. They have also founded this company.
Is Timefold a funded company?
Timefold is a funded company, having raised a total of $8.87M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.17M, raised on Mar 29, 2023.
What does Timefold do?
Timefold was founded in 2023 in Ghent, Belgium, within the AI sector focused on optimization. Solutions for operations and scheduling planning are delivered through open source AI tools. These can be integrated via Java, Python, or Kotlin implementations. Operations are centered on enhancing efficiency in resource allocation and timetabling across various industries.
Who are the top competitors of Timefold?
Timefold's top competitors include Wing Cloud, Laszlo Systems and Unison.
What products or services does Timefold offer?
Timefold offers PlanningAI, Field Service Routing, and Employee Shift Scheduling.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.