About ToolTime
ToolTime is a company based in Berlin (Germany) founded in 2018.. ToolTime has raised $54.63 million across 2 funding rounds from investors including Wisag. ToolTime offers products and services including Handwerkersoftware and Mobile App. ToolTime operates in a competitive market with competitors including HoneyBook, Thryv, SpotOn, Tailor Brands and vCita, among others.
- Headquarter Berlin, Germany
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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 Tooltime Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$54.63 M (USD)
in 2 rounds
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Latest Funding Round
$32.78 M (USD), Series A
Jun 20, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of ToolTime
ToolTime offers a comprehensive portfolio of products and services, including Handwerkersoftware and Mobile App. 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.
Platform for crafts operations, invoicing, and mobile documentation.
App for on-site documentation and task management in trades.
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Funding Insights of ToolTime
ToolTime has successfully raised a total of $54.63M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $32.78 million completed in June 2023. 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 — $32.8M
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First Round
First Round
(01 Jun 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2023 | Amount | Series A - ToolTime | Valuation | Wisag |
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| Jun, 2019 | Amount | Seed - ToolTime | Valuation |
investors |
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| 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 ToolTime
ToolTime has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wisag. 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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Airport facilities management services are provided across various operations.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 ToolTime
| 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 - ToolTime
| 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 |
Tooltime Comparisons
Competitors of ToolTime
ToolTime 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 HoneyBook, Thryv, SpotOn, Tailor Brands and vCita, 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 |
Client workflows are automated and managed by HoneyBook software.
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SaaS-driven solutions for fitness business management are offered.
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Provider of cloud-based POS software solutions for businesses and service providers
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Machine learning-based tools are provided for DIY brand design creation.
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Business management software is provided for small businesses.
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ERP services for small to medium-sized businesses are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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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 ToolTime
When was ToolTime founded?
ToolTime was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is ToolTime located?
ToolTime is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of ToolTime?
Marius Stacker is the current CEO of ToolTime.
Is ToolTime a funded company?
ToolTime is a funded company, having raised a total of $54.63M across 2 funding rounds to date. The company's 1st funding round was a Seed of $21.85M, raised on Jun 01, 2019.
What does ToolTime do?
ToolTime was founded in 2018 in Berlin, Germany, as a provider of cloud-based job management software and a mobile app targeted at tradespeople. Job administration is managed through the platform, with workflows streamlined via features such as time tracking, invoicing, and document storage. Offline functionality is supported in the app, allowing appointments to be created and documented without internet access. Operations focus on the software sector for trade services.
Who are the top competitors of ToolTime?
ToolTime's top competitors include SpotOn, Tailor Brands and HoneyBook.
What products or services does ToolTime offer?
ToolTime offers Handwerkersoftware and Mobile App.
Who are ToolTime's investors?
ToolTime has 1 investor. Key investors include Wisag.