About zeit
zeit is a company based in Sursee (Switzerland) founded in 1994 was acquired by Volaris Group in February 2024.. zeit offers products and services including Zeiterfassung Software, Basic Package, and Professional Package. zeit operates in a competitive market with competitors including When I Work, Replicon, BigTime, Harvest and Clockwise, among others.
- Headquarter Sursee, Switzerland
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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 Zeit Ag
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Volaris Group
(Feb 22, 2024)
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Products & Services of zeit
zeit offers a comprehensive portfolio of products and services, including Zeiterfassung Software, Basic Package, and Professional Package. 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 tracking employee time and absences efficiently.
Entry-level solution for simple time tracking and HR basics.
Advanced tool for project tracking and customized HR workflows.
Funding Insights of zeit
| 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 zeit
zeit has secured backing from 1 investor. Prominent investors backing the company include Volaris Group. 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 |
| 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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Investments & Acquisitions by zeit
| 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 - zeit
| 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 |
Zeit Comparisons
Competitors of zeit
zeit 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, Replicon, BigTime, Harvest and Clockwise, 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 |
SaaS-based time tracking and expense management are offered.
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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 |
Time tracking and invoicing software is provided for businesses.
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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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| 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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Frequently Asked Questions about zeit
When was zeit founded?
zeit was founded in 1994.
Where is zeit located?
zeit is headquartered in Sursee, Switzerland. It is registered at Sursee, Luzern, Switzerland.
Who is the current CEO of zeit?
Stefan Muller is the current CEO of zeit.
What does zeit do?
Zeit was founded in 1994 in Sursee, Switzerland, as a provider of time tracking software in the productivity sector. Project time and working hours are recorded by users through an app or browser interface. Working hours and employee absences are automatically logged to reflect performance levels and project progress. Real-time reviews of project budgets and expenses are enabled for monitoring purposes.
Who are the top competitors of zeit?
What products or services does zeit offer?
zeit offers Zeiterfassung Software, Basic Package, and Professional Package.
Who are zeit's investors?
zeit has 1 investor. Key investors include Volaris Group.