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.
Time tracking is automated for accurate business insights.
Timesheets are generated quickly using AI for precision.
Activities are remembered automatically with high accuracy levels.
People of Timely
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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 |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Series A - Timely | Valuation | Investinor , Concentric | |
| May, 2016 | Amount | Seed - Timely | 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.
| 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 |
Investments & Acquisitions by Timely
Financial Statements - Timely
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.
| 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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Frequently Asked Questions about Timely
Timely was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Timely is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
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.
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.
Timely offers Automatic Time Tracking, AI Timesheets, and Memory Tracker.
Timely has 4 investors. Key investors include Investinor, SNÖ Ventures, Concentric, and 500 Global.