About Timely
Timely is a company based in Oslo (Norway) founded in 2013. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Timely has raised $6 million across 2 funding rounds from investors including Investinor, SNÖ Ventures and Concentric. Timely offers products and services including Automatic Time Tracking, AI Timesheets, and Memory Tracker. Timely operates in a competitive market with competitors including When I Work, BigTime, Replicon, Clockwise and Tradify, among others.
- Headquarter Oslo, Norway
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Timely As
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Series A
Oct 18, 2018
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Investors
Investinor
& 3 more
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Employee Count
Employee Count
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Products & Services of Timely
Timely offers a comprehensive portfolio of products and services, including Automatic Time Tracking, AI Timesheets, and Memory Tracker. 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.
Time tracking is automated for accurate business insights.
Timesheets are generated quickly using AI for precision.
Activities are remembered automatically with high accuracy levels.
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Leadership Team
2 people
Operations Team
1 people
Customer Team
1 people
Senior Team
1 people
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Funding Insights of Timely
Timely has successfully raised a total of $6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in October 2018. 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 — $5.0M
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First Round
First Round
(11 May 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2018 | Amount | Series A - Timely | Valuation | Investinor , Concentric | |
| May, 2016 | Amount | Seed - Timely | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Timely
Timely has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Investinor, SNÖ Ventures and Concentric. 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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Founded Year | Domain | Location | |
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A Nordic-focused venture capital firm supporting tech pioneers is operated.
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Founded Year | Domain | Location | |
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Early-stage investments in software companies are targeted by Concentric VC.
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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 Timely
| 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 - Timely
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Timely Comparisons
Competitors of Timely
Timely 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 When I Work, BigTime, Replicon, Clockwise and Tradify, 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 |
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| domain | founded_year | HQ Location |
Employee scheduling and time tracking software
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| domain | founded_year | HQ Location |
Cloud-based time tracking software is offered by BigTime.
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| domain | founded_year | HQ Location |
SaaS-based time tracking and expense management are offered.
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| domain | founded_year | HQ Location |
An AI-powered calendar assistant is provided to automate meeting scheduling.
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| domain | founded_year | HQ Location |
Job management software for field service trades is offered.
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| domain | founded_year | HQ Location |
Time tracking and invoicing software is provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Timely
Frequently Asked Questions about Timely
When was Timely founded?
Timely was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is Timely located?
Timely is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Is Timely a funded company?
Timely is a funded company, having raised a total of $6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on May 11, 2016.
What does Timely do?
Timely is established as a leading provider of automatic time tracking software, primarily serving consultancies, agencies, and SaaS businesses. Solutions are designed to eliminate manual timers, offering precise data through AI-powered tools. Sectors targeted include professional services, with a focus on increasing client billings and operational efficiency. Comprehensive reporting and team transparency are facilitated through centralized dashboards, ensuring accurate business insights and optimized workflows.
Who are the top competitors of Timely?
What products or services does Timely offer?
Timely offers Automatic Time Tracking, AI Timesheets, and Memory Tracker.
Who are Timely's investors?
Timely has 4 investors. Key investors include Investinor, SNÖ Ventures, Concentric, and 500 Global.