Timely

Oslo, Norway Founded: 2013 • Age: 13 yrs
A cloud-based AI platform for employee time tracking is offered.
Annual revenue $182,636 Latest available
Total funding $20.0M 3 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Timely

Timely is a company based in Oslo (Norway) founded in 2013 by Mathias Mikkelsen. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Timely has raised $20 million across 3 funding rounds from investors including SANDEN HOLDINGS CORPORATION, SNÖ Ventures and Investinor. 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
  • Founders Mathias Mikkelsen
  • Sectors
    Technology
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Timely As
  • Date of Incorporation 13 Dec, 2018
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $182.64 K (USD)
    0
    as on Mar 31, 2020
  • Net Profit
    $23.62 K (USD)
    201.69
    as on Mar 31, 2020
  • EBITDA
    $31.9 K (USD)
    241.56
    as on Mar 31, 2020
  • Total Equity Funding
    $20 M (USD)

    in 3 rounds

  • Latest Funding Round
    $14 M (USD), Series B

    Jun 22, 2021

  • Investors
  • Employee Count
    Not available
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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.

Product name locked
Category locked
Primary

Time tracking is automated for accurate business insights.

Product name locked
Category locked
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Timesheets are generated quickly using AI for precision.

Product name locked
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Activities are remembered automatically with high tracking accuracy.

People of Timely

Headcount 50-200
Employee Profiles 24
Employee Profiles
People
Junelyn Apolinario- Loug
Accounting Manager
People
Marija Petrovic
Product Owner
People
Timm Stokke
Head of Product
People
Becky Smith
Senior Account Executive

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Funding Insights of Timely

Timely has successfully raised a total of $20M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $14 million completed in June 2021. 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.

Investors in Timely

Timely has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include SANDEN HOLDINGS CORPORATION, SNÖ Ventures and Investinor.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A Nordic-focused venture capital firm supporting tech pioneers is operated.
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-
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Melesio is focused on long-term value creation through investments.
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Investor details for Timely

Investor domains, locations, round participation, and complete history require an active premium plan.

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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Timely

Investments
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Investment portfolio details for Timely

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Timely

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Detailed financials for Timely

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Timely Comparisons

Timely Primary company
Description
A cloud-based AI platform for employee time tracking is offe...
Location
Oslo, Norway
Founded Year
2013
Annual Revenue
$182.64 K (USD)
Net Profit
$23.62 K (USD)
EBITDA
$31.9 K (USD)
Employees
Not available
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Peer comparison for Timely

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
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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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Employee scheduling and time tracking software
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Cloud-based time tracking software is offered by BigTime.
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SaaS-based time tracking and expense management are offered.
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An AI-powered calendar assistant is provided to automate meeting scheduling.
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Job management software for field service trades is offered.
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Time tracking and invoicing software is provided for businesses.
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Detailed competitors of Timely

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  • Domains and locations
  • Full company profiles
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Latest news on Timely

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Complete news archive for Timely

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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.

Mathias Mikkelsen is the current CEO of Timely. They have also founded this company.

Timely is a funded company, having raised a total of $20M across 3 funding rounds to date.

Annual revenue of Timely is $182.64K as on Mar 31, 2020.

Timely is focused on delivering automatic time tracking solutions for consultancies, agencies, and SaaS businesses. Operations are supported by AI-powered tools to ensure accurate data collection. Services are extended across sectors like professional services and software companies. Comprehensive reporting and team transparency are provided through centralized dashboards. Integrations with various platforms are offered to enhance workflow efficiency. Privacy and security are prioritized in all offerings.

Timely's top competitors include BigTime, Replicon and Clockwise.

Timely offers Automatic Time Tracking, AI Timesheets, and Memory Tracker.

Timely has 6 investors. Key investors include SANDEN HOLDINGS CORPORATION, SNÖ Ventures, Investinor, Melesio, and Concentric.

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